In the past three months, ServiceNow Inc. [NOW] As of the trading day of US$513.58, its 24-hour transaction volume changed 6.98% to 1.46 million transactions, while the recorded transaction volume was 2.22 million. Now there is a one-year amount change of 12.35%. Although for major markets, one year is a long time. By looking at the latest performance of the stock, the amount of the stock increased by 6.10% last week and 4.48% from the previous month.
On October 28, 2020, ServiceNow appointed Apple executive Larry Jackson (Larry Jackson) as a member of the board of directors. According to news released on Yahoo Finance, ServiceNow (NYSE: NOW), a leading workflow company that serves work and better people, today announced the appointment of Apple executive Larry Jackson to its board of directors. , Bringing the total number of boards of directors of ServiceNow to 11.
Analyst’s bird’s eye view:
The latest analyst activity from ServiceNow Inc.. [NYSE:NOW] The stock was reiterated to buy rating by Canaccord Genuity on October 29, 2020, and its 12-month price target was raised from $475 to $550. Prior to this, on October 29, 2020, Needham reiterated the “Buy” rating and raised its target amount to $538. On October 21, 2020, Edward Jones (Edward Jones) launched a “buy” rating. On October 14, 2020, UBS resumed its buy rating and raised its target price from US$511 to US$600. On June 23, 2020, Jefferies reiterated its buy rating and raised its target price to $465. On April 30, 2020, Piper Sandler downgraded the stock to “neutral” and raised its target price to $360. On April 2, 2020, Robert W. Baird downgraded the neutral rating and raised the target price of the stock to $300. On March 26, 2020, Mizuho Securities upgraded its buy rating to $325.
In the past 52 weeks of trading, the stock fluctuated between the lowest price of $238.29 and the highest price of $533.37. Currently, the average 12-month target amount according to Wall Street analysts is $561.68. At the recent market close, ServiceNow Inc. shares. [NYSE:NOW] The value is US$513.58. Based on the average price forecast, investors can expect a potential return of 5.46%.
Fundamental analysis
ServiceNow Inc. [NYSE:NOW] The latest reported quarterly sales were $1.15 billion, an increase of 30.10%. The publicly listed organization’s revenue was $333,665 per employee, while revenue was $60,428 per employee. The company’s gross profit margin is currently 78.00%, operating profit margin is 4.30%, pre-tax profit is +1.94, and net profit margin is +18.11. Continue to examine the profitability. The company’s return on assets, equity, overall principal and investment principal are 12.66, 38.70, 1.67 and 25.17 respectively.
The organization’s principal structure shows that its total liabilities to all principals are 34.70, and its total liabilities to all assets are 18.78. It shows that the long-lasting liability for the entire principal is 33.09, and the long-lasting liability for assets is 0.18, and it takes a long time.
Readers will usually take a closer look at the indicators of support and resistance before turning to any particular stock. Up to now, the company’s stock is at the first support level of 503.64 points, and the second support level is 493.71. But starting from the first resistance point, the stock is at 520.87 and the second resistance point is at 528.17.
ServiceNow Inc. [NOW] The company’s earnings per share for the fiscal quarter ending September 29, 2020 were $1.21. Wall Street analysts on average expect their earnings per share for the quarter to be $1.03, which means that the difference between the two is an unexpected value of 0.18% and 17.50%. Compared with the previous quarter as of 6/29/2020, the company reported earnings of $1.23 and earnings per share of $1.01, a difference of 0.22, an unexpected 21.80%.
Important ratios are worth watching
At the same time, we shifted our focus to liquidity, which is ServiceNow Inc.’s current ratio. [NYSE:NOW] It is 1.40. Similarly, the quick ratio is the same, with a cash ratio of 0.62. Now, if you want to find the valuation of the stock-to-sale ratio of 16.09, its book value ratio is 25.14, and the P/E (TTM) ratio is displayed as 140.25.
Inside story
The most recent insider trading was conducted by general counsel ELMER RUSSELL S, which sold 1150.0 shares on November 2. Director LUDDY FREDERIC B completed the sale of 36942.0 shares on November 02. On November 02, LUDDY FREDERIC B, the directors completed the sale of 1658.0 shares.
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