Analysts' ratings for Cisco Systems CSCO over the last quarter vary from bullish to bearish, as provided by 7 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 1 | 6 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 2 | 0 | 0 |
2M Ago | 0 | 0 | 3 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $52.57, a high estimate of $58.00, and a low estimate of $48.00. Witnessing a positive shift, the current average has risen by 6.2% from the previous average price target of $49.50.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Cisco Systems among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Atif Malik | Citigroup | Announces | Neutral | $52.00 | - |
Meta Marshall | Morgan Stanley | Announces | Overweight | $58.00 | - |
Matthew Niknam | Deutsche Bank | Raises | Hold | $52.00 | $51.00 |
James Fish | Piper Sandler | Raises | Neutral | $51.00 | $47.00 |
Tim Long | Barclays | Raises | Equal-Weight | $48.00 | $46.00 |
Aaron Rakers | Wells Fargo | Announces | Equal-Weight | $52.00 | - |
David Vogt | UBS | Raises | Neutral | $55.00 | $54.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Cisco Systems. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cisco Systems compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Cisco Systems's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Cisco Systems's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Cisco Systems analyst ratings.
Discovering Cisco Systems: A Closer Look
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.
Financial Milestones: Cisco Systems's Journey
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Challenges: Cisco Systems's revenue growth over 3 months faced difficulties. As of 31 January, 2024, the company experienced a decline of approximately -5.89%. This indicates a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: Cisco Systems's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 20.59% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Cisco Systems's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.76%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Cisco Systems's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.63%, the company showcases efficient use of assets and strong financial health.
Debt Management: Cisco Systems's debt-to-equity ratio is below the industry average at 0.25, reflecting a lower dependency on debt financing and a more conservative financial approach.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.