Wall Street analysts have issued a rating of hold to CSCO amidst the thirty different research equities that covered the firm. According to reports, fifteen of the investment analysts have already given the stocks a rating of hold, while ten others have given a rating of buy for this company. The target price of the company was set at $48.57 after the brokerages calculated it over a period of the year.
The Quarterly Estimates of CSCO
There have been quite a few research equities that have commented on the stocks of CSCO. New Street Research has already increased the rating of the company from neutral to buy, along with a price target of $60 set on it. This was then published in a 13th November research report. Piper Sandler also increased the price objective of the company from $45 to $47, along with a rating of neutral. DZ Bank gave the stocks of this company a rating of buy from a previous rating of buy- with a price objective of $52. Citigroup gave the company a price target of $45, which was published in a 13th November research report.
The stocks of CSCO traded on Monday at $45.68. The debt-to-equity ratio of the company has been fixed at 0.25, while the current ratio has been set at 1.59. The year low of the company is $32.40, while the year high has been fixed at $49.34. The market cap of the company has been set at $192.85 billion, with an 18.57 PE ratio, with a 0.95 beta. The moving average price of the company has been set at $45.79, while the moving average price of the company over 200 days is $42.54.
The company has previously issued its quarterly results on the 9th of February. The provider of network equipment had reported an EPS of $0.79, which was more than the consensus estimate set at $0.76. The return on its equity was set at 32.64%, with a 21.76% net margin.