8 May

How Analysts See Cisco in May 2017

WRITTEN BY Aditya Raghunath

Shareholder returns and stock trends

Cisco Systems (CSCO) has generated investor returns of 31.2% in the trailing-12-month period and 4.2% in the trailing-one-month period. By comparison, it has generated 15.2% in 2016 and 13.8% YTD (year-to-date). The company’s share price has risen 1.0% in the trailing-five-day period.

By comparison, Europe’s (EFA) Nokia (NOK), Ericsson (ERIC), and Juniper Networks (JNPR), who are all Cisco’s peers in the communications equipment space, generated returns of -28.0%, -36.0%, and 4.0%, respectively, in 2016.

How Analysts See Cisco in May 2017

Moving averages

On May 5, 2017, Cisco closed the trading day at $34.39. Based on this figure, here’s how the stock fared in terms of its moving averages:

  • 6.2% above its 100-day moving average of $32.37
  • 2% above its 50-day moving average of $33.73
  • 3.2% above its 20-day moving average of $33.32

MACD and RSI

A stock’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. Cisco’s 14-day MACD is 0.09. This positive figure indicates an upward trading trend.

The company’s 14-day RSI (relative strength index) is 90, which shows that the stock is slightly overbought. Generally, if an RSI is above 70, it indicates that a stock is overbought. An RSI below 30 suggests that a stock has been oversold.

Analyst recommendations

Of the 33 analysts covering Cisco stock, 20 have issued “buy” recommendations, while none has issued a “sell” recommendation, but 13 have issued a “hold” recommendation.

The consensus analyst stock price target for the company is $35.86, with a median target estimate of $36. This means Cisco is trading at a discount of 4.7% to its median target price.

Latest articles

16 Jul

PG&E Stock Continued to Slide on July 15

WRITTEN BY Vineet Kulkarni

The large swings for PG&E (PCG) stock may not end anytime soon.

On Wednesday, United Rentals is scheduled to report its second-quarter results after the market closes. The stock beat analysts' estimates in 12 of the last 13 quarters.

16 Jul

Q2 Earnings Were a Mixed Bag for J.B. Hunt

WRITTEN BY Anirudha Bhagat

J.B. Hunt reported mixed Q2 earnings, as its revenues grew YoY but earnings declined.

16 Jul

What to Expect From Nucor’s Q2 Earnings This Week

WRITTEN BY Mohit Oberoi, CFA

Nucor is scheduled to release its second-quarter earnings on Thursday. The company has seen an upwards price action of 7.4% year-to-date.

16 Jul

Will HollyFrontier's Q2 Results Improve?

WRITTEN BY Maitali Ramkumar

HollyFrontier (HFC) is expected to release its second-quarter results on August 1.

On Monday, Citigroup downgraded Tiffany (TIF) stock to “neutral” from “buy” and reduced its target price to $100 from $115 per share.