Daily Progress: ServiceNow Inc (NOW) Drop -11.44, Closing at 1012.75

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, ServiceNow Inc (NYSE: NOW) closed at $1012.75 down -11.44% from its previous closing price of $1143.63. In other words, the price has decreased by -$11.44 from its previous closing price. On the day, 6.19 million shares were traded. NOW stock price reached its highest trading level at $1031.0 during the session, while it also had its lowest trading level at $990.0.

Ratios:

For a deeper understanding of ServiceNow Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.

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, Cantor Fitzgerald on January 17, 2025, initiated with a Overweight rating and assigned the stock a target price of $1332.

On December 24, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $1200.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 16 ’25 when Canney Jacqueline P sold 455 shares for $1058.54 per share. The transaction valued at 481,636 led to the insider holds 3,027 shares of the business.

Canney Jacqueline P bought 455 shares of NOW for $481,636 on Jan 16 ’25. On Nov 29 ’24, another insider, Chamberlain Paul Edward, who serves as the Director of the company, sold 300 shares for $1047.95 each. As a result, the insider received 314,385 and left with 10,467 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 208947527680 and an Enterprise Value of 232900313088. As of this moment, ServiceNow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 148.21, and their Forward P/E ratio for the next fiscal year is 50.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.99 while its Price-to-Book (P/B) ratio in mrq is 22.49. Its current Enterprise Value per Revenue stands at 22.257 whereas that against EBITDA is 127.687.

Stock Price History:

The Beta on a monthly basis for NOW is 1.01, which has changed by 0.46375275 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, NOW has reached a high of $1198.09, while it has fallen to a 52-week low of $637.99. The 50-Day Moving Average of the stock is -6.24%, while the 200-Day Moving Average is calculated to be 14.78%.

Shares Statistics:

For the past three months, NOW has traded an average of 1.26M shares per day and 1529780 over the past ten days. A total of 206.00M shares are outstanding, with a floating share count of 205.15M. Insiders hold about 0.41% of the company’s shares, while institutions hold 90.29% stake in the company. Shares short for NOW as of 1736899200 were 3490491 with a Short Ratio of 2.78, compared to 1734048000 on 3596491. Therefore, it implies a Short% of Shares Outstanding of 3490491 and a Short% of Float of 1.6900001000000002.

Most Popular