Cisco Systems Inc. (NASDAQ:CSCO) shares fell to a low of $44.82 before closing at $45.43. Intraday shares traded counted 21.08 million, which was -6.29% lower than its 30-day average trading volume of 19.83M. CSCO’s previous close was $45.68 while the outstanding shares total 4.22B. The firm has a beta of 0.91, a 12-month trailing P/E ratio of 19.02, and a growth ratio of 2.88. The stock’s Relative Strength Index (RSI) is 44.79, with weekly volatility at 1.75% and ATR at 0.91. The CSCO stock’s 52-week price range has touched low of $32.40 and a $49.34 high. The stock traded lower over the last trading session, losing -0.55% on 02/22/21.
Investors have identified the Communication Equipment company Cisco Systems Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $194.74 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Cisco Systems Inc. (CSCO) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 43.91 billion total, with 27.27 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.08 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CSCO sounds very interesting.
Is the stock of CSCO attractive?
In related news, Chairman and CEO, Robbins Charles sold 8,497 shares of the company’s stock in a transaction that recorded on Feb 17. The sale was performed at an average price of 46.20, for a total value of 392,544. As the sale deal closes, the EVP, Chief Customer Exp Offcr, Martinez Maria now sold 6,000 shares of the company’s stock, valued at 279,985. Also, EVP, LglSrvs & GenCnsl, CHANDLER MARK D sold 30,886 shares of the company’s stock in a deal that was recorded on Feb 12. The shares were price at an average price of 47.21 per share, with a total market value of 1,458,267. Following this completion of acquisition, the EVP, LglSrvs & GenCnsl, CHANDLER MARK D now holds 3,024 shares of the company’s stock, valued at 142,749. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
10 out of 26 analysts covering the stock have rated it a Buy, while 15 have maintained a Hold recommendation on Cisco Systems Inc.. 0 analysts has assigned a Sell rating on the CSCO stock. The 12-month mean consensus price target for the company’s shares has been set at $51.10.