At Friday’s close, ServiceNow Inc stock. (NYSE: NOW) dropped -$ 25.92, dropping -5.14 percent to $ 478.10. The average number of shares traded per day over the past five days was 2,321,740 shares. 2 times new highs were achieved in the past 5 days, with $ 6.70 added to that time frame. In the last twenty days, the average volume was 1,658,980, while in the last 50 days, it was 1,561,154.
Since last month, the NOW stock has retreated -16.71%. The company’s shares fell to $ 453.92 on 04/26/22, the lowest level in the previous month. The 52-week high of $ 707.60 was reached on 01/03/22 after rallying from the 52-week low of $ 448.27. Since the beginning of this year, the NOW stock price has dropped -26.35% or -$ 171.01, and marked a new 1 -time high. However, the stock is down -32.43% since its 52 -week high.
Last reported by ServiceNow Inc. (NOW) insider trading activity 18 days ago on Apr 12. Mastantuono Gina, the company’s Chief Financial Officer, disposed of 193 shares for $ 525.00 on Apr 12. This resulted in $ 101,325 insider divestment. LUDDY FREDERIC B sold 6,600 shares at an average price of $ 556.81 on Apr 05. The insider now owns 35,400 shares following the transaction. On Mar. 25, Chief Information Officer Bedi Christopher sold 700 shares at $ 581.04 each. The transaction was valued at $ 406,728.
Metrics of Appreciation
So far, ServiceNow Inc. (NOW) has a P/E ratio of approximately 421.60. The beta of the stock is 1.07. Apart from these, the trailing price-to-sales (P/S) ratio of 17.38, the price-to-book (PB) ratio of 25.79, and the price-to-cash flow ratio of 56.97 can also be considered. for.
Financial health
In the three months ended Sept. 29, ServiceNow Inc’s fast ratio. stood at 1.10, while its current ratio is 1.10, showing that the company can afford its debt. According to the company’s report, the long-term debt-to-equity ratio for the quarter ending Sept. 29 is 0.40, and the total debt-to-equity ratio is 0.43. On the profitability front, the following twelve -month gross margin is 77.10% percent. In the year ended Sept. 29, operating margins reached 4.40%. Based on annual data, NOW generated $ 4.54 billion in total revenue and brought in $ 5.9 billion in revenue.
The management of a company is another factor that investors consider when determining the profitability of an investment. Last year, the return on investment (ROI) was 4.50%. The return on equity (ROE) over the past 12 months is 6.80%. Last year, the industry average ROE stood at 3.28.
According to the earnings report, the company had higher net income in the recent quarter than in the previous quarter. NOW revenue rose 21.02% to $ 1.61 billion in the quarter, while net income reached $ 1.72 billion. While analysts expect ServiceNow Inc to report. of $ 1.38 quarterly earnings, the actual figure was $ 1.55 per share, beating the consensus estimate of 12.30%. In the quarter, the company generated $ 271.0 million in EBITDA. The responsibilities of ServiceNow Inc. was 7.0 billion at the end of its most recent quarter ended Sept. 29, and its total debt was $ 2.23 billion. The shareholders ’equity value is $ 20.0 million.
Technical Picture
This quick technical analysis looks at ServiceNow Inc’s price momentum. (NOW). At the historical volatility rate of 63.27%, the 9 -day RSI stood at 42.00% on April 29th.
In relation to its five -day moving average, the current price of ServiceNow Inc. rose +1.42% percent or $ 6.70. Currently, NOW is trading -14.15% below its 20 -day simple moving average and -22.45% percent below its 100 -day simple moving average. However, the stock is currently trading approximately -19.09% below its SMA50 and -14.36% below its SMA200.
The Stochastic coefficient K is 35.56% and the Stochastic coefficient D is 23.27%, while the ATR is 25.66. Given the Stochastic reading of 30.15% for 14 days, the RSI (14) reading is calculated as 41.90%. So far, the MACD Oscillator reading is at -1.57, while the 14 -day reading is at -10.91.
Analyst Ratings
Downloaded by ServiceNow Inc. its rating of ServiceNow Inc. (NYSE: NOW) on an Underperform in a note to investors on March 29, 2022. The analyst firm previously had a Neutral rating on the stock. ServiceNow Inc. is rated. (NOW) Buy analysts. According to 1 brokerage firm, NOW is a sell, and 2 firms recommend that it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate by ServiceNow Inc. stock as buy, with 29 recommending it as overweight.
With a median target price of $ 675.00, the current consensus forecast for the stock is $ 595.00 – $ 752.00. Based on these forecasts, analysts predict that ServiceNow Inc will achieve. (NOW) has an average price target of $ 666.71.