The SVP of CSCO, Prat Bhatt has reportedly sold close to 3.,829 shares of the company stocks in a 24th May research report. The average price at which these stocks were sold is $53.50, with the total value coming to $204,851.50. The SVP now has ownership of over 106,222 shares of the stocks, with a total valuation of $5 million.
The Quarterly Reports Of CSCO
The stocks of CSCO traded on Wednesday at $0.40. The year low of the company is $35.28, with the year high set at $54.14. The debt-to-equity ratio of the company is 0.24, with the quick ratio set at 1.56, and the current ratio currently at 1.53. The moving average price of the company over a period of 50 days is $52.17, with the moving average price of the company over a period of 200 days is $47.29. The market cap of the company is $223.37 billion, with a 21.95 PE ratio, and a 2.92 PEG ratio.
CSCO previously put out its quarterly results on the 18th of May. The EPS reported by the company during this period was $0.83, which was more than the consensus estimate of $0.82. The revenue during this period was $12.80 billion, which was also more than the consensus estimate of $12.57 billion. The net margin of the company is 20.92%, with a return on equity of around 31.12%.
Quite a few research equities have commented on the stocks of CSCO. Deutsche Bank has already put up a rating of hold with a price target of $55 on the company. MKM Partners has also put up a rating of buy with a price target of $61 on the company stocks. The Goldman Sachs Group has decided to increase the rating of the company from neutral to buy with a price target of $59 in a 31st March research report. In the end, William Flair decided to reiterate their previous rating of market perform on CSCO in a 20th May research report.