After Hours
There is little risk associated with trading before and after the market opens. Due to lower liquidity and higher volatility, extended trading hours may result in wider spreads on a particular security due to the release of critical financial information after regular trading hours. After-hours trades for ServiceNow Inc. (NOW) shows that investor sentiment remained intact, with the cumulative closing stock price up +$9.05, or +2.39%, at $388. Volume reached 28,786 shares, with the price reaching a high of $389.7 and a low of $388.85. Recently, Yahoo Finance discussed the stock, revealing that ServiceNow Adds AI and Security Capabilities to Now Platform Tokyo Release to Supercharge Operational Intelligence and Trust.
Stocks Information
This NYSE listed company operates within the Software – Application industry segment, which falls under the Technology sector. At the end of the last regular session, the stock closed at $388.85 and fluctuated between $390.39 as its day high and $376.42 as its day low. The current market capitalization of ServiceNow Inc. is $80.62B. A total of 1.54 million shares were traded on the day, compared to an average of 1.65M shares.
Internal Activity
Insider trades can also provide insight into the future direction of a stock. In the past three months, NOW has seen 52 BUY and 98 SELL insider trades, representing the acquisition of 51,118 and the disposition of 52,297 shares. In the last 12 months, there were 187 BUYS and 478 SELLs from insiders. Insiders bought 206,725 shares during the period but sold 255,904.
In the most recent transaction, ELMER RUSSELL S sold 2,666 shares of NOW at a value of 422.80 per share on Sep 19. After the transaction, the General Counsel now owns 6,627 shares of the company. In a previous transaction on Sep 01, LUDDY FREDERIC B sold 6,600 shares at 423.90 per share. Director-owned NOW shares total 32,400.
Among insiders selling shares, Mastantuono Gina disposed 4,262 shares on Aug 29 at a per-share price of $439.10. This resulted in the Chief Financial Officer holding 4,262 shares of NOW after the transaction. In another insider transaction, ELMER RUSSELL S sold 758 shares at $486.36 per share on August 18. The company’s shares held by General Counsel totaled 9,293.
Dividend
Income generated through dividends is an indication that a company is improving its financial position, which is why investors prefer companies that pay dividends. NOW’s most recent ex-dividend date was 09/22/2006 when it declared a $0.317 quarterly dividend which was paid in cash on 10/02/2006. Previously, the company paid the dividend on 07/03/2006 with an ex-dividend date of 06/22/2006. The dividend is $0.317 per share in cash.
Although price targets are rarely accurate, they tend to provide some sort of influence over time and are often considered important by the markets. According to analysts that have offered 12-month price targets for NOW in the last 3 months, the average price target is $553.80 with a high estimate of $752.00 and a low estimate of $495.00. In terms of 52-week highs and lows, NOW has a high of $707.60 and a low of $367.71.
As of this writing, NOW has estimated earnings of $0.42 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.53 per share and a lower estimate of $0.37. The company reported an EPS of $0.2 for the last quarter, which was 66.67% higher than the consensus estimate of $0.12.
Balance Sheet Annually/Quarterly
On a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
Analysts’ Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than during regular market hours. The reason is that extended trading hours can result in wider spreads for that particular security due to lower liquidity and higher volatility because issuers often announce critical financial information in outside regular trading hours. Currently, 34 analysts provide their opinions on the stock. On a scale of 1 to 5, where 1 is Sell and 5 is Buy, the average analyst rating for NOW is Sell with a score of 4.65. A total of 28 analysts rated the stock a Buy while 2 rated it Overweight while 3 rated it a Hold. Of the other participants, 0 thought the stock was underweight and 1 thought it should be a Sell.