ServiceNow Inc. stock. (NYSE: NOW) rose $ 24.62 on Monday to $ 585.70, up 4.39 percent. The last five days have seen an average of 3,233,628 shares of common stock traded. 1 times reached new highs in the current year, with a fall to -$ 68.24. The average number of shares traded in the past 20 days was 2,509,492, while the average volume over the past 50 days reached 1,744,585.
NOW the stock is down -14.28% from last month. On 01/26/22, shares of the company hit a one -month low of $ 479.35. The stock hit a high of $ 707.60 on 01/03/22, after rallying from a low of $ 448.27 for 52 weeks. The NOW stock price dropped -13.56% or -$ 68.24 this year, reaching a new high 1 time. However, the stock price dropped -17.23% from a 52 -week high.
3 Small Stocks to BlowThe world’s greatest investor – Warren Buffett – has a simple formula for making big money in the markets. He buys valuable assets when it is very cheap. For stock market investors, that is, buy cheap small stocks like these with huge potential.
We’ve set up an alert service to help smart investors take full advantage of small cap stocks that are ready for big profits.
Click here for full details and to join for free.
Sponsored
Insider Transactions
There are 19 days since ServiceNow Inc. last reported. (NOW) insider trading activity on Jan. 12. On Jan. 12, Director LUDDY FREDERIC B sold 15,000 shares for $ 577.36 each. This transaction resulted in the insider making $ 8,660,336. On January 10, Mastantuono Gina sold 738 shares at a price of US $ 550.10. After the transaction, the insider already owns 2,474 shares. Director LUDDY FREDERIC B previously sold 1,355 shares on Dec. 07 for $ 657.40 per share. The transaction was completed in the amount of $ 890,783.
Metrics of Appreciation
ServiceNow Inc. (NOW) has a trailing price-to-earnings (P/E) ratio of 494.34. This level is really not good comparing to the industry in general, as the PE for Software-Application industry is at approximately 44.81. Further, its PE is not in favor of comparing the Technology sector which follows the 12 -month PE ratio, which enters at 31.61 today. The beta for the stock is 1.10. There are also several other valuation ratios to consider, including the trailing price-to-sales (P/S) ratio of 17.85, the price-to-book (PB) ratio of 31.54, and the price-to -cash flow ratio of 68.75.
For the three months ended Dec. 30, ServiceNow Inc’s fast ratio. is 1.10, while its current ratio is 1.10, indicating its solvency. The company’s long -term debt to equity ratio for the quarter ending Dec. 30 is 0.42, and the total debt to equity ratio is 0.45. As far as profitability, the total margin for the last twelve months is 77.00% percent. The operating margin of ServiceNow Inc. stands at 3.20% for the same period. Based on annual data, it has total revenue of $ 3.53 billion and revenue of $ 4.52 billion.
Investors will also look at the company’s management performance to determine the potential profitability of their investment. NOW’s return on assets (ROA) over the past 12 months is 1.90%. There was a 2.30% return on investment (ROI) in the past year. Meanwhile, the return on equity (ROE) in the last 12 months was 5.40%. ROE averaged 3.76 last year for the broader industry.
Earnings Surprises
According to the quarterly financial report of ServiceNow Inc. for the quarter ended Dec. 30, it had $ 1.48 billion in total debt compared to $ 1.63 billion in cash and short -term investments. A higher net income was reported in the quarter under review than in the previous quarter. Net revenue for the quarter reached $ 1.51 billion, while revenues rose 23.81% to $ 1.41 billion. It is predicted that the quarterly revenue of ServiceNow Inc. would be $ 1.46, but it became $ 1.43, beating the consensus by 2.10%. EBITDA was $ 274.0 million for the quarter. At the end of the most recent quarter ServiceNow Inc. which ended Dec. 30, its liabilities totaled 5.94 billion, while its total debt was $ 2.21 billion. The equity owned by the shareholders is worth $ 199.0 million.
Technical Picture
Here’s a quick look at ServiceNow Inc.’s price momentum. (NOW) from a technical standpoint. On January 28, the 9 -day RSI stood at 60.79%, suggesting that the stock is Neutral, with a 67.94% historical volatility rate.
The stochastic % K and % D were 69.12 % and 42.88 % respectively, while the average true range (ATR) was 36.51. Based on a 14 -day stochastic reading of 90.50%, the RSI (14) reading is 53.64%. On the 9-day MACD Oscillator, the stock is at 32.43, and the 14-day reading is at 24.99.
Analyst Ratings
In its latest analyst report, Piper Sandler raised its rating to ServiceNow Inc. (NYSE: NOW) to an overweight. Prior to this, the analyst firm rated the stock as Neutral. Analysts assigned ServiceNow Inc. (NOW) of Buy rating. NOW is a stock recommended for sale by 0 brokerage firms, while 2 companies recommend holding. The stock is underweight by 0 analysts. Of the analysts who rate the stock, 2 rate it as overweight and 32 others recommend it as a buy.
What is the NOW price target for the next 12 months?
The current consensus forecast for the stock is between $ 600.00 and $ 850.00, with a median target price of $ 700.00. In analyzing these predictions, the average price target provided by analysts for ServiceNow Inc. (NOW) is $ 702.53.