Is It Right Time to Be Cautious on Cisco Systems, Inc. (CSCO), Visa Inc. (V)?

The shares of Cisco Systems, Inc. (NASDAQ:CSCO) has been pegged with a rating of Mkt Perform by William Blair in its latest research note that was published on June 12th, 2019. William Blair 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. Morgan Stanley advised investors in its research note published on February 12th, 2019, to Equal-Weight the CSCO stock while also putting a $49 price target. The stock had earned Neutral rating from Nomura when it published its report on December 14th, 2018. The stock was given Overweight rating by Piper Jaffray in its report released on October 1st, 2018, the day when the price target on the stock was placed at $53. Credit Suisse was of a view that CSCO is Neutral in its latest report on May 10th, 2018 while giving it a price target of $41. JP Morgan thinks that CSCO is worth Overweight rating. This was contained in the firm’s report on May 3rd, 2018.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 11 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $58.92. The price of the stock the last time has raised by 42.14% 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 53.90.

The shares of the company dipped by -0.71% during the trading session on Wednesday, reaching a low of $57.19 while ending the day at $57.21. During the trading session, a total of 9.21 million shares were traded which represents a 58.97% incline from the average session volume which is 22.44M shares. CSCO had ended its last session trading at 57.62. Cisco Systems, Inc. currently has a market cap of $250.01B, while its P/E ratio stands at 20.89, while its P/E earnings growth sits at 4.87, with a beta of 1.17. Cisco Systems, Inc. debt-to-equity ratio currently stands at 0.64, while its quick ratio hovers at 1.60. CSCO 52-week low price stands at $40.25 while its 52-week high price is $58.26.

The company in its last quarterly report recorded $0.78 earnings per share which is above the $0.77 predicted by most analysts. The Cisco Systems, Inc. generated $12,958.00 million in revenue during the last quarter, which is slightly higher than the $12,889.10 million predicted by analysts. In the second quarter last year, the firm recorded $0.73 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 6.41%. Cisco Systems, Inc. has the potential to record 2.74 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Goldman published a research note on May 2nd, 2019 where it informed investors and clients that Visa Inc. (NYSE:V) is now rated as Buy. Their price target on the stock stands at $188. Morgan Stanley also rated V as Downgrade on February 12th, 2019, with its price target of $55 suggesting that V could surge by 3.78% from its current share price. Even though the stock has been trading at $179.31/share, analysts expect it to surge higher by -0.09% to reach $186.19/share. It started the day trading at $180.21 and traded between $179.01 and $179.15 throughout the trading session.

A look at its technical shows that V’s 50-day SMA is 168.92 while its 200-day SMA stands at 150.47. The stock has a high of $181.35 for the year while the low is $121.60. The company’s P/E ratio currently sits at 38.70, while the P/B ratio is 13.65. At the moment, only of Visa Inc. shares were sold short. The company’s average trading volume currently stands at 6.99M shares, which means that the short-interest ratio is just 4.00 days. Over the past seven days, the company moved, with its shift of -0.09%. Looking further, the stock has raised 11.81% over the past 90 days while it gained 30.44% 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 bought more V shares, increasing its portfolio by +8.50% during the last quarter. This move now sees The Vanguard Group Inc purchasing 11,184,294 shares in the last quarter, thus it now holds 142,791,224 shares of V, with a total valuation of $24,781,416,925. Fidelity Management Research Co meanwhile bought more V shares in the recently filed quarter, changing its stake to $15,328,748,908 worth of shares. BlackRock Fund Advisors followed the path by decreasing its V portfolio by -0.61% in the quarter. This means that BlackRock Fund Advisors sold -510,130 shares in the last quarter and now controls 82,818,904 shares of the V stock, with the valuation hitting $14,373,220,789.

Similarly, SSgA Funds Management Inc increased its Visa Inc. shares by +2.72% during the recently filed quarter. After buying 2,070,164 shares in the last quarter, the firm now controls 78,269,437 shares of Visa Inc. which are valued at $13,583,660,791. In the same vein, Massachusetts Financial Services decreased its Visa Inc. shares by during the most recent reported quarter. The firm sold -987,033 shares during the quarter which decreased its stakes to 29,280,177 shares and is now valued at $5,081,574,718. Following these latest developments, around 0.10% of Visa Inc. stocks are owned by institutional investors and hedge funds.