October 11, 2022, ServiceNow Inc.’s trading session began. (NYSE: NOW) at the price of $381.65, that is -2.75% decrease from the previous session. During the day, shares peaked at $381.7231 and dipped as low as $366.88 before settling for a closing price of $381.78. A 52-week range for NOW has been $367.71 – $707.60.
Do You Own These 7 Inflation-Survival Stocks?
Inflation is still near 40-year highs and rising prices are putting a big dent in our wallets. Unless you learn how to protect your portfolio and beat inflation, you will remain at the mercy of economic factors beyond your control. Especially the price of electricity, food, and accommodation are creeping higher than before. In this special report, I detail 7 stocks to help you survive and thrive in today’s market. They are backed by established companies, positioned to profit during tough economic times, and offer generous dividends to help you beat inflation.
Click here to get your free copy of the report
Sponsored
In the last 5 years, the sales growth of the Technology Sector giant is 33.50%. At the time this article was written, the company’s average annual earnings per share stood at 93.40%. With a float of $201.33 million, the remaining shares of this company have reached $202.00 million.
Let’s determine the extent of the company’s efficiency which consists of 16881 employees. In terms of profitability, gross margin was +77.05, operating margin was +4.36, and pretax margin was +4.22.
ServiceNow Inc. (NOW) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to check the sentiment of large investors in ServiceNow Inc stocks. The insider ownership of ServiceNow Inc. is 0.10%, while institutional ownership is 90.30%. The most recent insider transaction that occurred on Sep 19, was worth 1,127,185. In this transaction, the General Counsel of this company sold 2,666 shares for $422.80, bringing the stock ownership to 6,627 shares. Prior to that, another transaction occurred on Sep 01, when the Company Director sold 6,600 for $423.90, making the total transaction worth $2,797,732. This insider now owns 32,400 shares in total.
ServiceNow Inc. (NOW) Recent Fiscal highlights
Through the last 3-month financial report announced on 6/29/2022, it was observed that the corporation posted $1.62 earnings per share (EPS) during the period better than the consensus figure (which was set at $1.54 ) of $0.08. This company achieved a net margin of +3.90 while generating a return on equity of 7.04. Wall Street market experts expect the next fiscal year to bring earnings of 2.09 per share in the current fiscal year.
According to Wall Street analysts, the stock’s earnings will be around 93.40% per share in the next fiscal year. For long-term projections, market analysts expect the company’s EPS to increase by 26.54% in the next five years compared to 19.60% growth in the previous five trading years.
ServiceNow Inc. (NYSE: NOW) Trading Performance Indicators
You can see what ServiceNow Inc. does. (NOW) on its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.10. Additionally, the publicly traded company’s price to sales ratio for the trailing twelve months stands at 11.85. Also, its price to free cash flow for the next twelve months is 38.69.
For the trailing twelve months, the Company’s Diluted EPS (Earnings per Share) is 0.91, a number that is set to reach 1.85 in the next quarter and is forecast to reach 9.25 within a year.
Technical Analysis of ServiceNow Inc. (NOW)
A closer look at ServiceNow Inc. (NYSE: NOW), its last 5-day average volume was 1.72 million, which is a decrease from its year-to-date volume of 1.75 million. Over the past 9 days, the stock’s Stochastic %D is 22.31%. Additionally, its Average True Range is 17.28.
Over the past 100 days, ServiceNow Inc’s raw stochastic average has been set. (NOW) at 2.86%, indicating a significant decline from 6.65% in the past two weeks. Based on the stock’s volatility metrics, it has shown a historical volatility of 48.14% in the past 14 days, which is lower than the 51.88% volatility it has shown in the past 100 days.
At the time of writing, the stock’s 50-day Moving Average is $441.52, while its 200-day Moving Average is $495.87. However, in the short term, the stock of ServiceNow Inc. that first resistance watch is at $379.72. The second resistance stands at $388.14. The third major resistance level is at $394.57. If the price continues to break the first support level at $364.88, it is likely to go to the next support level at $358.46. Now, if the price breaks through the second support level, the third support is at $350.04.
ServiceNow Inc. (NYSE: NOW) Key Stats
There are 202,000K shares outstanding in the company, which has a market capitalization of 78.22 billion. As of now, gross sales are 5,896 M while revenue totals 230,000 K. Its most recent quarter income is 1,752 M while its most recent quarter net income is 20,000 K.