Investors Are Waking Up To Cisco Systems, Inc (NASDAQ: CSCO) After Rising 23.54% Over The Past 12 Months

Cisco Systems, Inc (NASDAQ:CSCO) currently has a daily average trading volume of 21.21M but it saw 18518327 shares traded in last market. With a market cap of 245.94B USD, the company’s current market price of $61.82 came rising about 0.03 while comparing to the previous closing price of $61.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $66.50 and as low as $44.50. In the recent trading on the day, stock has struck highest price mark of $61.1 while lowest mark touched by it was $61.87.

Taking a look at 20-day trading activity of Cisco Systems, Inc (CSCO) gives us an average price of $61.26, while its current price level is -7.04% below from 52-week high level whereas it is 38.92% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $62.10 while that of 200 days or SMA-200 reads an average of $55.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.75% during that period while stretching the period over a month that increases to 1.82%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.46 which implies that the stock is in neutral territory.

Rosenblatt upgraded its recommendation for the stock as a “Buy” from “Neutral” on February 13, 2025 while assigning a price target range of $66-$80. Exane BNP Paribas also issued its recommendations for the stock as it upgraded the price target for the stock is $72.

Over the week, CSCO’s stock price is moving 0.03% up while it is -2.28% when we observe its performance for the past one month. Year-to-date it is 4.43% up and over the past year, the stock is showing an upside performance of 23.54%.

The company is expected to be releasing its next quarterly report on 2025-Feb-11, for which analysts forecasted an EPS of 0.92 while estimate for next year EPS is 3.72. In next quarter, company is expected to be making quarterly sales of $14.53B as analysts are expecting the sales for current fiscal year at $56.42B and seeing the company making $59.27B in sales next year. Moreover, analysts are in estimates of $14.05B for current-quarter revenue.

Currently, Cisco Systems, Inc’s total number of outstanding shares is 3.98B with 0.06% of that held by the insiders while 79.92% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.88% and return on equity (ROE) at 20.02%. It has a price to earnings ratio (P/E ratio) of 27.09 while having a 15.48 of forward P/E ratio. Stock’s beta reads 0.88. Stock has a price to book (P/B) ratio of 5.40 while price to sale or P/S ratio amounts to 4.54. Its return on asset (ROA) is 8.26% on average.