ServiceNow Inc. [NYSE: NOW] closed the trading session at $ 528.69 on 01/27/22. The day’s price range saw the stock hit a low of $ 518.135, while the highest price level was $ 556.99. The company reported on January 26, 2022 that ServiceNow is Announcing Executive Leadership Promotions.
As market opportunities expand, ServiceNow is evaluating a strong leadership team.
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ServiceNow (NYSE: NOW), the leading digital workflow company that makes the world a better place for everyone, today announced leadership promotions that will take effect on its global executive team. These expanded roles reflect the impressive global demand for ServiceNow as well as the ability of executive leaders to retain our 16,000-plus inspired global workforce and to recruit the next generation of talent.
The stock has a year to date performance of -18.55 percent and weekly performance of 2.66 percent. The stock has moved up -9.85 percent over the past six months. The stock has performed -19.16 percent around the last 30 days and has changed -20.47 percent in the most recent 3 -months.
Compared to the average trading volume of 1.48M shares, NOW reached a volume of 5424600 on the last trading day, which is why market watchdogs consider the stock to be active.
Here’s what the top stock market gurus have to say about ServiceNow Inc. [NOW]:
Based on careful and factual analysis by Wall Street experts, the current consensus target price for NOW shares is $ 714.65 per share. Analysis of the target price and performance of stocks is usually carefully analyzed by market experts, and the current Wall Street consensus on NOW stocks is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on a scale from 1 to 5, where 5 would mean strong sell, 4 would represent Sell, 3 would Hold, and 2 would indicate Buy.
Piper Sandler conducted an estimate for shares of ServiceNow Inc., maintaining their opinion on the stock as overweight, along with their previous recommendation on Jan. 27, 2022. While these analysts maintained the previous recommendation, it lowered of Oppenheimer set their target price from $ 775 to $ 660. The new price target note was released on January 27, 2022, representing the official price target for ServiceNow Inc stock. Previously, the target price had another increase from $ 807 to $ 810, while Morgan Stanley maintained an Overweight rating on NOW stock. On January 27, 2022, analysts raised their target price for NOW shares from 615 to 650.
The Average True Range (ATR) for ServiceNow Inc. is set at 32.13, with the Price to Sales ratio for the NOW stock during the last 12 months worth 19.29. The Price to Book ratio for the last quarter was 29.72, of which the Price to Cash per share for the same quarter was set at 15.02. Price on Free Cash Flow for NOW over the course of the last twelve months is 66.43 with the Fast ratio for the last quarter at 1.10.
NOW stock trading performance analysis
ServiceNow Inc. [NOW] enter the green zone at the end of last week, which went into a positive trend and is gaining 2.66. In this latest performance, NOW shares have dropped -19.16% over the past four -week period, moreover have sunk -9.85% over the past 6 months -not to mention last year’s decline of -4.61%. trading.
Overbought and oversold stocks can be easily traced using the Relative Strength Index (RSI), where an RSI result above 70 will be overbought, and any rate below 30 will indicate conditions of oversold. An RSI rate of 50 represents a neutral market momentum. The stock’s current RSI for NOW for the last two -week period is set at 41.70, with the RSI for the last single trade hitting 45.32, and the three -week RSI is set at 40.95 for ServiceNow Inc. [NOW]. The current Moving Average for the last 50 trading days for this stock is 609.87, while it was recorded at 508.35 for the last one week of trading, and 588.98 for the last 200 days.
ServiceNow Inc. [NOW]: An insightful look at the basics
The Operating Margin for any stock indicates how profitable the investment will be, and ServiceNow Inc. [NOW] the shares currently have an operating margin of +4.40 and a Gross Margin of +73.42. The Net Margin of ServiceNow Inc. is currently recorded at +2.62.
The Return on Total Capital for NOW is 4.83 now, due to the latest momentum, and the Return on Invested Capital for the company is 2.92. Return on Equity for this stock is skewed at 4.78, with Return on Assets sitting at 1.61. When it comes to the capital structure of this company, ServiceNow Inc. [NOW] has a Total Debt to Total Equity ratio set at 75.33. Additionally, NOW Total Debt to Total Capital was recorded at 42.96, with Total Debt to Total Assets ending at 24.50. Long-Term Debt to Equity for the company was recorded at 72.78, with Long-Term Debt to Total Capital today at 41.51.
Reflecting on the efficiency of the company’s workers, ServiceNow Inc. [NOW] was able to generate an average of $ 9,049 per employee. Receivables Turnover for the company was 4.87 with Total Asset Turnover recorded at 0.61. ServiceNow Inc. liquidity data. is equally interestingly compelling, with a Quick Ratio of 1.10 and a Current Ratio set to 1.10.
Earnings per share (EPS) analysis for ServiceNow Inc. [NOW] stock
The company’s growth can be observed through the prism of the EPS growth rate, while Wall Street analysts focus on predicting the 5-year EPS growth rate for NOW. When it comes to the aforementioned amount, analysts expect a 5-year EPS growth rate for ServiceNow Inc. will reach 26.18%.
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ServiceNow Inc. [NOW]: Insider Ownership positions
There is currently approximately $ 83,642 million, or 89.90% of NOW stock, in the hands of institutional investors. The top three institutional holders of NOW stocks are: BLACKROCK INC. with ownership of 16,125,077, which is approximately 4.25% of the company’s market cap and approximately 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 15,847,917 shares of stock with an estimated value of $ 7.68 billion in NOW stocks shares; and PRICE T ROWE ASSOCIATES INC /MD /, currently has $ 7.15 billion in NOW stock with an ownership of nearly 1.627% of the company’s market capitalization.
Positions in the stocks of ServiceNow Inc. held by institutional investors rose at the end of January and during the January reporting period, during which 677 institutional holders raised their position in ServiceNow Inc. [NYSE:NOW] of approximately 9,115,609 shares. Additionally, 513 investors reduced positions of approximately 6,327,463 shares, while 198 investors held positions of 157,221,453 shares. The aforementioned changes put institutional holdings at 172,664,525 shares, according to the latest SEC report filing. NOW the stock has 129 new institutional investments out of a total of 1,027,561 shares, while 63 institutional investors are selling positions of 662,487 shares in the same period.