ServiceNow Inc. [NYSE: NOW] It traded at the high of 20/09/20, rose 2.44, and then closed at 508.61 US dollars.
The trading results prompted more than 1,189,274 shares to change hands. In the past week, ServiceNow Inc.’s price volatility was 2.26%, while the volatility in the past month was 2.91%.
The market value of NOW stock reached 95.23 billion U.S. dollars, with 193.2 million shares outstanding and 189.1 million shares currently outstanding. Compared with the average trading volume of 1.56 million shares, NOW’s trading volume in the most recent trading day is now 1,189,274, which is why market regulators believe that the stock is active.
Top market experts’ evaluation of ServiceNow Inc. [NOW]?
According to the serious and fact-supported analysis of Wall Street experts, the current consensus on the target price of NOW stock is $476.83 per share. Market experts usually carefully study the analysis of the target price and stock performance, and the current Wall Street consensus on NOW stock is a recommendation of 1.90. This rating indicates a strong recommendation, from 1 to 5, where 5 means strong sell, 4 means sell, 3 means hold, and 2 means buy.
Jefferies estimated ServiceNow Inc.’s stock and maintained its stock view as a buy. Their previous recommendation went back to June 23, 2020. Although these analysts maintained their previous recommendations, Piper Sandler raised its target price from $310 to $360. The new comment on the price target was released on April 30, 2020, and represents the official price target for ServiceNow Inc. stock. Prior to this, the target price was raised again to $300, and analysts at Robert W. Baird maintained a neutral rating on NOW stock.
ServiceNow Inc.’s average true range (ATR) is set to 15.92, and the price-to-sales ratio of NOW stock in the past 12 months is 24.08. The price-to-book ratio of the previous quarter was 39.24, while the cash-to-cash ratio per share for the same quarter was 12.51. In the past twelve months, the price of NOW and the price of free cash flow were 84.31, and the quick ratio in the previous quarter was 1.20.
How is the inventory performance now?
ServiceNow Inc. [NOW] At the end of last week, it entered the green zone, entered a positive trend and rose 3.13. With its latest performance, NOW’s stock has risen by 12.28% in the past four weeks and another 79.37% in the past six months-not to mention a 93.26% increase in the past year.
The Relative Strength Index (RSI) can easily track overbought and oversold inventory, where the result of RSI over 70 will be overbought, and any interest rate lower than 30 will indicate oversold. An RSI rate of 50 will represent a neutral market momentum. The current RSI of NOW stock in the last two weeks was set to 65.67, the RSI of the last trading day reached 68.26, and the three-week RSI of ServiceNow Inc. was set to 62.12. [NOW]. The current moving average of the stock in the last 50 trading days was 462.51, while the price in the last trading day was 499.69 and in the last 200 days it was 374.13.
ServiceNow Inc. [NOW]: In-depth understanding of the basic principles
The operating profit margin of any stock indicates the richness of the investment, and ServiceNow Inc. [NOW] The stock’s current operating margin is +1.22, and the gross margin is +72.12. ServiceNow Inc.’s net profit is currently recorded at +18.11.
According to the latest development momentum, NOW’s total return on capital is now 1.67, while the company’s return on invested capital is 25.17. The stock’s return on equity tends to be 38.70 and the return on assets is 12.66. Regarding the company’s capital structure, ServiceNow Inc. [NOW] The ratio of total debt to total equity is set to 53.14. In addition, the ratio of NOW’s total debt to total capital is 34.70, and the ratio of total debt to total assets is 18.78. The company’s long-term equity record is 50.67, and the ratio of long-term debt to total capital is 33.09.
To reflect the efficiency of the company’s employees, ServiceNow Inc. [NOW] Each employee earns an average of US$60,428. The company’s accounts receivable turnover ratio was 4.91, and the total asset turnover ratio was 0.70. ServiceNow Inc.’s liquidity data is equally convincing, with a quick ratio of 1.20 and a current ratio of 1.20.
ServiceNow Inc. revenue analysis [NOW]
According to the latest financial report released by the company, ServiceNow Inc. announced earnings per share of 0.99, while analysts predicted an average earnings per share of 0.88. After comparison, these two values indicate that the company exceeded the estimated value of 12.50% of the surprise factor. The company’s progress can be observed through the prism of EPS growth rate, while Wall Street analysts focus on forecasting NOW’s 5-year EPS growth rate. When it comes to the aforementioned value, analysts expect ServiceNow Inc.’s 5-year EPS growth rate to reach 27.71%.
ServiceNow Inc.’s insider trading position [NOW]
At present, institutional investors have approximately 89.231 billion US dollars, accounting for 93.50% of NOW stock. The top three institutional holders of NOW stock are: PRICE T ROWE ASSOCIATES INC / MD /, with 16,263,418 ownership, accounting for -0.64% of the company’s market value, accounting for 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding There are 15,633,958 shares, and the current stock value is approximately US$7.95 billion; BLACKROCK INC. Currently owns 7.94 billion U.S. dollars of stock and owns nearly 1.912% of the company’s market value.
During the reporting period at the end of July and July, the position of ServiceNow Inc. stock held by institutional investors increased, of which 654 institutional holders increased their positions in ServiceNow Inc. [NYSE:NOW] About 11,022,694 shares. In addition, 374 investors reduced approximately 13,441,230 shares, while 93 investors reduced 150,977,032 shares. According to the latest report of the US Securities and Exchange Commission, the above-mentioned changes brought the institution’s shareholding to 175,440,956 shares. There were 190 new institutional investments in NOW stock, totaling 1,408,976 shares, while 69 institutional investors sold 1,432,458 shares in the same period.
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