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ServiceNow Inc (NYSE: NOW) closed the day trading at $814.11 down -2.12% from the previous closing price of $831.74. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 0.85 million shares were traded. NOW stock price reached its highest trading level at $832.68 during the session, while it also had its lowest trading level at $808.9601.
Ratios:
For a better understanding of NOW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 54.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.25.
On April 25, 2024, BMO Capital Markets reiterated its Outperform rating and also upped its target price recommendation from $850 to $830.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 26 ’24 when Tzitzon Nicholas sold 1,857 shares for $829.68 per share. The transaction valued at 1,540,716 led to the insider holds 3,649 shares of the business.
Tzitzon Nicholas bought 1,857 shares of NOW for $1,540,716 on Aug 26 ’24. On Aug 20 ’24, another insider, Canney Jacqueline P, who serves as the Chief People Officer of the company, sold 992 shares for $835.00 each. As a result, the insider received 828,320 and left with 3,027 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOW now has a Market Capitalization of 171219550208 and an Enterprise Value of 164432248832. As of this moment, ServiceNow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 147.22, and their Forward P/E ratio for the next fiscal year is 49.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.85 while its Price-to-Book (P/B) ratio in mrq is 19.34. Its current Enterprise Value per Revenue stands at 16.518 whereas that against EBITDA is 100.325.
Stock Price History:
Over the past 52 weeks, NOW has reached a high of $850.33, while it has fallen to a 52-week low of $527.24. The 50-Day Moving Average of the stock is 3.72%, while the 200-Day Moving Average is calculated to be 9.44%.
Shares Statistics:
Over the past 3-months, NOW traded about 1.44M shares per day on average, while over the past 10 days, NOW traded about 729650 shares per day. A total of 206.00M shares are outstanding, with a floating share count of 205.02M. Insiders hold about 0.47% of the company’s shares, while institutions hold 91.51% stake in the company. Shares short for NOW as of 1723680000 were 2944396 with a Short Ratio of 2.04, compared to 1721001600 on 3270712. Therefore, it implies a Short% of Shares Outstanding of 2944396 and a Short% of Float of 1.43.
Earnings Estimates
The dynamic stock of ServiceNow Inc (NOW) is currently attracting attention from 28.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $3.79, with high estimates of $4.07 and low estimates of $3.43.
Analysts are recommending an EPS of between $14.38 and $13.05 for the fiscal current year, implying an average EPS of $13.79. EPS for the following year is $16.54, with 33.0 analysts recommending between $18.07 and $15.07.
Revenue Estimates
30 analysts predict $2.74B in revenue for the current quarter. It ranges from a high estimate of $2.8B to a low estimate of $2.66B. As of the current estimate, ServiceNow Inc’s year-ago sales were $2.29BFor the next quarter, 30 analysts are estimating revenue of $2.94B. There is a high estimate of $3.03B for the next quarter, whereas the lowest estimate is $2.85B.
A total of 38 analysts have provided revenue estimates for NOW’s current fiscal year. The highest revenue estimate was $11.05B, while the lowest revenue estimate was $10.58B, resulting in an average revenue estimate of $10.9B. In the same quarter a year ago, actual revenue was $8.97BBased on 38 analysts’ estimates, the company’s revenue will be $13.15B in the next fiscal year. The high estimate is $13.83B and the low estimate is $12.73B.
