The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Cisco Systems, Inc. is an American multinational corporation specializing in digital communications technology, headquartered in San Jose, California. Cisco develops, manufactures, and sells a wide range of networking hardware, software, telecommunications equipment, and various high-technology services and products. The company focuses on specific technology sectors, including the Internet of Things, domain security, videoconferencing, and energy management, with notable products such as Webex, OpenDNS, Jabber, Duo Security, Silicon One, and Jasper.
Founded in December 1984 by Leonard Bosack and Sandy Lerner, two computer scientists from Stanford University who played a crucial role in connecting computers at the institution, Cisco pioneered the use of local area networks to link distant computers through a multiprotocol router system. The company went public in 1990, and by the end of the dot-com bubble in 2000, it achieved a market valuation of $500 billion, making it the world's most valuable company at that time, surpassing Microsoft.
Cisco's stock has been traded on Nasdaq(NYSE: CSCO) since 1990, was incorporated into the Dow Jones Industrial Average on June 8, 2009, and is also part of the S&P 500, Nasdaq-100, Russell 1000, and Russell 1000 Growth Stock indices.
The company's current financial score is 7.49, which is higher than the Technology Equipment industry's average of 7.21. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 14.15B, representing a year-over-year increase of 11.39%, while its net profit experienced a year-over-year increase of 32.08%.
The company’s current valuation score is 5.60, which is higher than the Technology Equipment industry's average of 3.20. Its current P/E ratio is 26.03, which is -15.14% below the recent high of 22.09 and 35.49% above the recent low of 16.79.
The company’s current earnings forecast score is 7.78, which is higher than the Technology Equipment industry's average of 7.53. The average price target for Cisco Systems Inc is 76.00, with a high of 87.00 and a low of 59.22.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 7.27, which is lower than the Technology Equipment industry's average of 8.05. Sideways: Currently, the stock price is trading between the resistance level at 72.08 and the support level at 65.28, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The company’s current institutional recognition score is 7.00, which is higher than the Technology Equipment industry's average of 6.97. The latest institutional shareholding proportion is 81.34%, representing a quarter-over-quarter decrease of 0.43%. The largest institutional shareholder is The Vanguard, holding a total of 392.19M shares, representing 9.90% of shares outstanding, with 2.36% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Technology Equipment export-driven industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The company’s current risk assessment score is 6.19, which is higher than the Technology Equipment industry's average of 3.91. The company's beta value is 0.99. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
The Stock Score data is powered by TradingKey and updated daily. Rating data is sourced from LESG. Please use the data with caution for reference purposes only.