ServiceNow (right now) Received one buy Edward Jones analyst Edward Jones’ rating yesterday. The company’s stock price closed at $510.28 last Wednesday, close to its 52-week high of $530.73.
ServiceNow has analysts’ consensus on Strong Buy, with a target price of US$520.83, which is 0.4% higher than the current level. In a report released on October 9, Barclays also maintained a buy rating on the stock with a target price of $581.00.
Check out the stocks with the most analyst recommendations today >>
According to ServiceNow’s latest quarterly revenue as of June 30, the company’s quarterly revenue was US$1.07 billion and net profit was US$40.77 million. In contrast, the company’s revenue last year was $834 million, and its GAAP net loss was $11.08 million.
Based on the recent company insider activity of 145 insiders, the company insiders’ view of the stock is negative. This means that in the past quarter, compared with earlier this year, the number of insiders selling NOW stock has increased.
TipRanks has tracked 36,000 people within the company and found that some of them are better than others in scheduling transactions. Look at 3 stocks that are most likely to take action after their internal activities.
ServiceNow, Inc. is engaged in providing enterprise cloud computing solutions. It provides customer and facility service management, business process core, service mapping, cloud and product portfolio management, edge encryption, performance analysis, service portal designer, visual task board and configuration management database. The company provides solutions for industries in the healthcare, education, government and financial services categories. The company was founded by Frederic B. Luddy in June 2004 and is headquartered in Santa Clara, California.
#Edward #Jones #believes #ServiceNow #room #growth
More from Source