Crowdstrike Holdings Inc (CRWD) Stocks Reach New Highs at $328.59 During Trading Session

After finishing at $332.17 in the prior trading day, Crowdstrike Holdings Inc (NASDAQ: CRWD) closed at $328.59, down -1.08%. In other words, the price has decreased by -$3.58 from its previous closing price. On the day, 2773611 shares were traded. CRWD stock price reached its highest trading level at $337.77 during the session, while it also had its lowest trading level at $325.48.

Ratios:

Our goal is to gain a better understanding of CRWD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 84.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on January 30, 2024, initiated with a Outperform rating and assigned the stock a target price of $330.

On January 18, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $334.

Morgan Stanley Upgraded its Equal-Weight to Overweight on January 09, 2024, whereas the target price for the stock was revised from $203 to $304.

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 Jan 16 ’24 when Sentonas Michael sold 22,123 shares for $286.00 per share. The transaction valued at 6,327,178 led to the insider holds 311,872 shares of the business.

Kurtz George sold 40,000 shares of CRWD for $11,374,437 on Jan 12 ’24. The PRESIDENT AND CEO now owns 980,194 shares after completing the transaction at $284.36 per share. On Jan 11 ’24, another insider, Kurtz George, who serves as the PRESIDENT AND CEO of the company, sold 60,000 shares for $283.69 each. As a result, the insider received 17,021,579 and left with 1,020,194 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, CRWD now has a Market Capitalization of 79.52B and an Enterprise Value of 76.84B. As of this moment, Crowdstrike’s Price-to-Earnings (P/E) ratio for their current fiscal year is 905.21, and their Forward P/E ratio for the next fiscal year is 67.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 28.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.01 while its Price-to-Book (P/B) ratio in mrq is 34.49. Its current Enterprise Value per Revenue stands at 25.15 whereas that against EBITDA is 261.52.

Stock Price History:

Over the past 52 weeks, CRWD has reached a high of $365.00, while it has fallen to a 52-week low of $115.67. The 50-Day Moving Average of the stock is 303.82, while the 200-Day Moving Average is calculated to be 209.45.

Shares Statistics:

The stock has traded on average 3.96M shares per day over the past 3-months and 7.56M shares per day over the last 10 days, according to various share statistics. A total of 229.38M shares are outstanding, with a floating share count of 223.52M. Insiders hold about 7.58% of the company’s shares, while institutions hold 68.51% stake in the company. Shares short for CRWD as of Feb 29, 2024 were 5.77M with a Short Ratio of 1.46, compared to 6.16M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.39% and a Short% of Float of 2.59%.

Earnings Estimates

Its stock is currently analyzed by 39 different market analysts. On average, analysts expect EPS of $0.9 for the current quarter, with a high estimate of $0.96 and a low estimate of $0.88, while EPS last year was $0.57. The consensus estimate for the next quarter is $0.91, with high estimates of $1.04 and low estimates of $0.85.

Analysts are recommending an EPS of between $4.13 and $3.8 for the fiscal current year, implying an average EPS of $3.91. EPS for the following year is $4.89, with 43 analysts recommending between $6.43 and $4.17.

Revenue Estimates

A total of 43 analysts have provided revenue estimates for CRWD’s current fiscal year. The highest revenue estimate was $4.06B, while the lowest revenue estimate was $3.93B, resulting in an average revenue estimate of $3.97B. In the same quarter a year ago, actual revenue was $3.06B, up 29.90% from the average estimate. Based on 43 analysts’ estimates, the company’s revenue will be $5.01B in the next fiscal year. The high estimate is $5.55B and the low estimate is $4.88B. The average revenue growth estimate for next year is up 26.30% from the average revenue estimate for this year.

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