The shares of Cisco Systems, Inc. (NASDAQ:CSCO) has been pegged with a rating of Neutral by Nomura in its latest research note that was published on December 14th, 2018. Nomura wasn’t the only research firm that published a report of Cisco Systems, Inc., with other equities research analysts also giving their opinion on the stock. Piper Jaffray advised investors in its research note published on October 1st, 2018, to Overweight the CSCO stock while also putting a $53 price target. The stock had earned Neutral rating from Credit Suisse when it published its report on May 10th, 2018. That day the Credit Suisse set price target on the stock to $41. The stock was given Overweight rating by JP Morgan in its report released on May 3rd, 2018. Macquarie was of a view that CSCO is Outperform in its latest report on May 1st, 2018. Citigroup thinks that CSCO is worth Buy rating. This was contained in the firm’s report on March 16th, 2018 in which the stock’s price target was also moved to $52.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 10 believe it has the potential for further growth, thus rating it as Hold while 11 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $52.64. The price of the stock the last time has raised by 24.46% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 61.66.
The shares of the company added by 0.83% during the trading session on Monday, reaching a low of $47.13 while ending the day at $47.58. During the trading session, a total of 18.73 million shares were traded which represents a 26.66% incline from the average session volume which is 25.54M shares. CSCO had ended its last session trading at 47.19. Cisco Systems, Inc. currently has a market cap of $217.20B, while its P/E ratio stands at 19.53, while its P/E earnings growth sits at 4.32, with a beta of 1.19. Cisco Systems, Inc. debt-to-equity ratio currently stands at 0.58, while its quick ratio hovers at 2.00. CSCO 52-week low price stands at $38.23 while its 52-week high price is $49.47.
The company in its last quarterly report recorded $0.75 earnings per share which is above the $0.72 predicted by most analysts. The Cisco Systems, Inc. generated $13,072.00 million in revenue during the last quarter, which is slightly higher than the $12,863.30 million predicted by analysts. In the second quarter last year, the firm recorded $0.70 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 6.67%. Cisco Systems, Inc. has the potential to record 2.44 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Citigroup published a research note on February 11th, 2019 where it informed investors and clients that NVIDIA Corporation (NASDAQ:NVDA) is now rated as Buy. Their price target on the stock stands at $200. Piper Jaffray also rated NVDA as Reiterated on October 1st, 2018, with its price target of $53 suggesting that NVDA could surge by 21.98% from its current share price. Even though the stock has been trading at $148.17/share, analysts expect it to surge higher by -1.16% to reach $187.72/share. It started the day trading at $148.58 and traded between $144.5 and $146.45 throughout the trading session.
A look at its technical shows that NVDA’s 50-day SMA is 145.88 while its 200-day SMA stands at 220.05. The stock has a high of $292.76 for the year while the low is $124.46. The company’s P/E ratio currently sits at 20.12, while the P/B ratio is 9.41. The company’s average trading volume currently stands at 18.97M shares, which means that the short-interest ratio is just 0.98 days. Over the past seven days, the company moved, with its shift of -1.83%. Looking further, the stock has dropped -31.50% over the past 90 days while it lost -42.90% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Fidelity Management Research Co bought more NVDA shares, increasing its portfolio by +1.76% during the last quarter. This move now sees Fidelity Management Research Co purchasing 839,868 shares in the last quarter, thus it now holds 48,461,684 shares of NVDA, with a total valuation of $6,469,634,814. The Vanguard Group Inc meanwhile bought more NVDA shares in the recently filed quarter, changing its stake to $5,815,589,745 worth of shares. BlackRock Fund Advisors followed the path by increasing its NVDA portfolio by +1.67% in the quarter. This means that BlackRock Fund Advisors bought 446,173 shares in the last quarter and now controls 27,235,093 shares of the NVDA stock, with the valuation hitting $3,635,884,916.
Similarly, T Rowe Price Associates Inc increased its NVIDIA Corporation shares by +617.62% during the recently filed quarter. After buying 9,498,496 shares in the last quarter, the firm now controls 11,036,414 shares of NVIDIA Corporation which are valued at $1,473,361,269. In the same vein, JPMorgan Investment Management I increased its NVIDIA Corporation shares by during the most recent reported quarter. The firm bought 831,378 shares during the quarter which increased its stakes to 7,914,469 shares and is now valued at $1,056,581,612. Following these latest developments, around 0.40% of NVIDIA Corporation stocks are owned by institutional investors and hedge funds.