ServiceNow Inc. (NYSE: NOW) Compared with the latest closing price of US$533.37, its latest closing price is down -2.55%. In the past five trading days, the company’s stock price has accumulated a loss of -3.20%. Barron’s reported on 10/28/20 that ServiceNow’s stock rebounded because the third quarter results were better than expected
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Is it worth investing in ServiceNow Inc. (NYSE:NOW) now?
ServiceNow Inc.’s (NYSE:NOW) price-to-earnings ratio is higher than its average ratio and is 135.87 times its current price-to-earnings ratio. In addition, the 36-month Beta value of NOW is 1.23. The view on the stock is very interesting. Among the 32 analysts who provided ServiceNow Inc. ratings, 24 analysts declared the stock a “buy”, one of which rated the stock as “overweight” and six The stock is rated as “Hold”, with 0 as “Hold”. Sell. “
The analyst’s average price is $561.68, which is $42.26 higher than the current price. Now, the current public shareholding is 189.61M, and shorts hold 1.49% of that shareholding. Today, the average trading volume of NOW is 1.48 million shares.
Current market performance
NOW stock fell -3.20% this week, rose 1.03% monthly, quarterly performance was 13.09%, and annual performance ratio reached 101.23%. ServiceNow Inc.’s volatility this week was 3.99%, while the volatility of the past 30 days was 2.93%. The simple moving average of NOW stock over the past 20 days is -1.94%. The simple moving average for the last 200 days is 27.79%.
Analyst’s view
Many brokerage companies have already submitted reports on NOW stocks, and Needham listed NOW’s rating as “buy”, thus repeating NOW’s rating. According to the data of Needham, according to the research report released on October 29, 2020, the predicted price of NOW is US$538 in the future.
On the other hand, Canaccord Genuity stated in its research report that they hope that NOW’s price target will reach $550, compared to the previous forecast price of $475. According to a report released on October 29, 2020, they provided a “buy” rating for NOW stock.
The current trading price is 2.85% above the 50-day moving average
In the past 52 weeks, after the market was in trouble and NOW fell to a low price, the company was unable to rebound and is currently losing -6.71% in a given period.
The volatility remains at 2.93%, but in the past 30 days, the volatility has increased by 3.99% because the moving average stock price has risen by +0.90% in the past 20 days. In the past 50 days, the stock’s current gain is +9.76%.
In the past five trading days, NOW has fallen by -3.20%, which makes the 200-day moving average increase by 60.50% compared to the 20-day moving average ($507.61). In addition, ServiceNow Inc.’s turnover has increased by 76.24% within one year, and there is a trend of further decrease.
secret deal
According to reports, since October 15th, there have been countless people conducting internal transactions as LUDDY FREDERIC B. He sold 28,600 shares at the price of October 15th for $515.38. After this move, LUDDY FREDERIC B now owns 60,400 shares of ServiceNow Inc., which is valued at $14,739,732 at the latest closing price.
ServiceNow Inc.’s chief product officer Desai Chirantan Jitendra sold 1,563 shares for $513.55 in the October 12 transaction, which means that Desai Chirantan Jitendra held 28,040 shares at the most recent closing price at $802,679.
Current stock basics
The current profitability of the company is:
- Current operating profit margin +1.22
- Gross profit margin +72.12
ServiceNow Inc.’s net profit margin is +18.11. The total return on capital is set at 1.67, while the return on invested capital manages to reach 25.17. The equity return is now 29.40 and the asset return is 10.60.
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According to ServiceNow Inc. (NOW), the company’s capital structure produced a total debt-to-equity liability of 53.14 points, while total debt-to-capital equity was 34.70. The total assets and liabilities are 18.78, and the long-term debt-to-equity ratio is 50.67. Finally, the long-term debt-to-capital ratio is 33.09.
When we switched to between business and sales, we found that the ratio was 15.93 and the company’s debt to business value was 0.02. The company’s accounts receivable turnover ratio was 4.91, and the total asset turnover ratio was 0.70. The liquidity ratio is also very attractive to investors because it is 0.96.
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