Is It Right Time to Be Bullish on Cisco Systems, Inc. (CSCO), Marathon Oil Corporation (MRO)?


The shares of Cisco Systems, Inc. (NASDAQ:CSCO) has been pegged with a rating of Equal-Weight by Morgan Stanley in its latest research note that was published on February 12th, 2019. The research company has also assigned a $49 price target. Morgan Stanley 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. Nomura advised investors in its research note published on December 14th, 2018, to Neutral the CSCO stock. The stock had earned Overweight rating from Piper Jaffray when it published its report on October 1st, 2018. That day the Piper Jaffray set price target on the stock to $53. The stock was given Neutral rating by Credit Suisse in its report released on May 10th, 2018, the day when the price target on the stock was placed at $41. JP Morgan was of a view that CSCO is Overweight in its latest report on May 3rd, 2018. Macquarie thinks that CSCO is worth Outperform rating. This was contained in the firm’s report on May 1st, 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 11 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $54.96. The price of the stock the last time has raised by 27.30% 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 73.07.

The shares of the company dipped by -0.49% during the trading session on Monday, reaching a low of $50.63 while ending the day at $51.16. During the trading session, a total of 18.13 million shares were traded which represents a 27.47% incline from the average session volume which is 24.99M shares. CSCO had ended its last session trading at 51.41. Cisco Systems, Inc. currently has a market cap of $228.69B, while its P/E ratio stands at 19.75, while its P/E earnings growth sits at 4.50, with a beta of 1.21. Cisco Systems, Inc. debt-to-equity ratio currently stands at 0.63, while its quick ratio hovers at 1.70. CSCO 52-week low price stands at $40.19 while its 52-week high price is $52.09.

The company in its last quarterly report recorded $0.73 earnings per share which is above the $0.72 predicted by most analysts. The Cisco Systems, Inc. generated $12,446.00 million in revenue during the last quarter, which is slightly higher than the $12,411.50 million predicted by analysts. In the second quarter last year, the firm recorded $0.75 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -2.74%. Cisco Systems, Inc. has the potential to record 2.59 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Citigroup published a research note on December 21st, 2018 where it informed investors and clients that Marathon Oil Corporation (NYSE:MRO) is now rated as Buy. Nomura also rated MRO as Downgrade on December 14th, 2018, with its price target of suggesting that MRO could surge by 17.91% from its current share price. Even though the stock has been trading at $17.08/share, analysts expect it to surge higher by 1.17% to reach $21.05/share. It started the day trading at $17.39 and traded between $17 and $17.28 throughout the trading session.

A look at its technical shows that MRO’s 50-day SMA is 15.67 while its 200-day SMA stands at 18.95. The stock has a high of $24.20 for the year while the low is $12.57. The company’s P/E ratio currently sits at 13.29, while the P/B ratio is 1.18. The company’s average trading volume currently stands at 13.46M shares, which means that the short-interest ratio is just 1.00 days. Over the past seven days, the company moved, with its shift of 3.66%. Looking further, the stock has raised 4.79% over the past 90 days while it lost -20.62% 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 MRO shares, increasing its portfolio by +0.45% during the last quarter. This move now sees The Vanguard Group Inc purchasing 415,018 shares in the last quarter, thus it now holds 92,438,657 shares of MRO, with a total valuation of $1,459,606,394. SSgA Funds Management Inc meanwhile bought more MRO shares in the recently filed quarter, changing its stake to $695,874,948 worth of shares. BlackRock Fund Advisors followed the path by increasing its MRO portfolio by +2.99% in the quarter. This means that BlackRock Fund Advisors bought 1,243,099 shares in the last quarter and now controls 42,777,214 shares of the MRO stock, with the valuation hitting $675,452,209.

Similarly, Invesco Advisers Inc increased its Marathon Oil Corporation shares by +53.10% during the recently filed quarter. After buying 12,264,558 shares in the last quarter, the firm now controls 35,361,966 shares of Marathon Oil Corporation which are valued at $558,365,443. In the same vein, Hotchkis Wiley Capital Manageme increased its Marathon Oil Corporation shares by during the most recent reported quarter. The firm bought 1,974,633 shares during the quarter which increased its stakes to 32,155,220 shares and is now valued at $507,730,924. Following these latest developments, around 0.10% of Marathon Oil Corporation stocks are owned by institutional investors and hedge funds.

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