Wall Street analysts will be watching closely when Cisco Systems, Inc. (NASDAQ:CSCO) reports its quarterly earnings next, which is scheduled for Wed 13 Feb (In 3 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.81 per share. In the preceding quarter, the company reportedly generated EPS of $0.75 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 26.60%, a profit margin of 2.50% and a gross margin of 62.30%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Cisco Systems, Inc. (NASDAQ:CSCO). Most recently, on December 14th, 2018, Nomura Downgrade a Neutral rating. Before that, on October 1st, 2018, Piper Jaffray Reiterated to Overweight. Credit Suisse Initiated a Neutral rating on May 10th, 2018, JP Morgan Initiated an Overweight rating on May 3rd, 2018, and Macquarie Initiated a Outperform rating on May 1st, 2018.
At its current price point, combined with the fact that this company has 4.57B shares outstanding, the current market capitalization sits at 215.42B. In the last trading day, 17,421,760 shares of Cisco Systems, Inc. were traded, which compares to its usual volume of about 25.58M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.15 in the past five trading days, resulting in a percentage change of -0.32% and a moving average of 47.20. In the past 20 days, its price changed by $3.95 (which is +9.14%) and the stock’s moving average was 45.75. Looking back a full 50 days, shares of CSCO changed by $1.62 (which is +3.55%) and demonstrated a moving average of 45.14.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 79.02%, a 14-day Stochastic %K score of 85.83% and a 20-day Stochastic %K score of 90.51%. Using a similar metric, Cisco Systems, Inc. (CSCO) shares showed a Stochastic %D of 84.00% over the past 9 days, a Stochastic %D score of 89.33% over the last 14 days, and a 20-day Stochastic %D of 92.57%. Meanwhile, this stock’s MACD Oscillator was 0.09 over the past 9 days, 0.62 over the past two weeks, and 1.38 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $47.19 level. Over the past 12 months, this stock has experienced a high price of $49.47 and a low of $38.23. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Cisco Systems, Inc. (NASDAQ:CSCO) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 350,730,887 shares of the company’s stock following the addition of 950,977 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 7.80% stake in Cisco Systems, Inc. (CSCO)’s shares.
Just in the most recent trading day, Cisco Systems, Inc. (NASDAQ:CSCO) experienced a high price of $47.2 and low point of $46.3. At the end of the last trading session, this stock was at 47.19 per share, following a loss of -$0.3, or 1.05% during the full day.