The shares of SVMK Inc. (NASDAQ:SVMK) has been pegged with a rating of Buy by SunTrust in its latest research note that was published on June 10th, 2019. The research company has also assigned a $22 price target. SunTrust wasn’t the only research firm that published a report of SVMK Inc., with other equities research analysts also giving their opinion on the stock. Stephens advised investors in its research note published on March 22nd, 2019, to Overweight the SVMK stock. The stock had earned Market Perform rating from Wells Fargo when it published its report on November 13th, 2018. That day the Wells Fargo set price target on the stock to $13. The stock was given Buy rating by SunTrust in its report released on October 22nd, 2018, the day when the price target on the stock was placed at $16. JP Morgan was of a view that SVMK is Overweight in its latest report on October 22nd, 2018 while giving it a price target of $15. JMP Securities thinks that SVMK is worth Mkt Outperform rating. This was contained in the firm’s report on October 22nd, 2018 in which the stock’s price target was also moved to $16.
The consensus currently stands at a Hold while its average price target is $19.29. The price of the stock the last time has raised by 67.46% 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 47.31.
The shares of the company dipped by -0.77% during the trading session on Monday, reaching a low of $16.76 while ending the day at $16.83. During the trading session, a total of 3.05 million shares were traded which represents a -131.37% decline from the average session volume which is 1.32M shares. SVMK had ended its last session trading at 16.96. SVMK Inc. currently has a market cap of $2.16B while its P/E earnings growth sits at 8.16. SVMK Inc. debt-to-equity ratio currently stands at 0.92, while its quick ratio hovers at 1.30. SVMK 52-week low price stands at $10.05 while its 52-week high price is $20.00.
SVMK Inc. has the potential to record -1.44 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Morgan Stanley published a research note on February 12th, 2019 where it informed investors and clients that Cisco Systems, Inc. (NASDAQ:CSCO) is now rated as Equal-Weight. Their price target on the stock stands at $49. Stephens also rated CSCO as Initiated on March 22nd, 2019, with its price target of $65 suggesting that CSCO could surge by 0.07% from its current share price. Even though the stock has been trading at $55.93/share, analysts expect it to surge higher by 0.88% to reach $56.46/share. It started the day trading at $56.65 and traded between $55.96 and $56.42 throughout the trading session.
A look at its technical shows that CSCO’s 50-day SMA is 54.94 while its 200-day SMA stands at 49.10. The stock has a high of $57.53 for the year while the low is $40.25. The company’s P/E ratio currently sits at 20.61, while the P/B ratio is 6.70. At the moment, only of Cisco Systems, Inc. shares were sold short. The company’s average trading volume currently stands at 20.28M shares, which means that the short-interest ratio is just 2.14 days. Over the past seven days, the company moved, with its shift of 8.96%. Looking further, the stock has raised 8.67% over the past 90 days while it gained 16.59% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more CSCO shares, decreasing its portfolio by -0.99% during the last quarter. This move now sees The Vanguard Group Inc selling -3,467,073 shares in the last quarter, thus it now holds 347,714,147 shares of CSCO, with a total valuation of $19,454,606,525. BlackRock Fund Advisors meanwhile sold more CSCO shares in the recently filed quarter, changing its stake to $11,650,578,777 worth of shares. SSgA Funds Management Inc followed the path by increasing its CSCO portfolio by +0.94% in the quarter. This means that SSgA Funds Management Inc bought 1,792,056 shares in the last quarter and now controls 192,576,909 shares of the CSCO stock, with the valuation hitting $10,774,678,059.
Similarly, T Rowe Price Associates Inc increased its Cisco Systems, Inc. shares by +2.62% during the recently filed quarter. After buying 1,637,915 shares in the last quarter, the firm now controls 64,079,423 shares of Cisco Systems, Inc. which are valued at $3,585,243,717. In the same vein, Northern Trust Investments Inc decreased its Cisco Systems, Inc. shares by during the most recent reported quarter. The firm sold -1,123,981 shares during the quarter which decreased its stakes to 62,630,103 shares and is now valued at $3,504,154,263. Following these latest developments, around 0.07% of Cisco Systems, Inc. stocks are owned by institutional investors and hedge funds.