ServiceNow Inc. stock. (NYSE: NOW) was down -$ 21.74 on Monday to $ 435.00, down -4.76 percent. The last five days have seen an average of 1,459,847 shares of common stock traded. 1 times reached new highs in the current year, with a fall to -$ 207.04. The average number of shares traded in the past 20 days was 1,662,427, while the average volume over the past 50 days reached 1,559,499.
NOW the stock is down -13.49% from last month. On 05/06/22, the company’s shares hit a one -month low of $ 438.12. The stock hit a high of $ 707.60 on 01/03/22, after rallying from a low of $ 438.12 for 52 weeks. The price of NOW stock dropped -29.64% or -$ 207.04 this year, reaching a new high 1 time. However, the stock price dropped -38.52% from a 52 -week high.
Insider Transactions
There are 5 days since ServiceNow Inc. last reported. (NOW) insider trading activity on May 04. On May 04, Director LUDDY FREDERIC B sold 229 shares at $ 493.73 each. This transaction resulted in the insider making $ 113,065. On May 04, LUDDY FREDERIC B sold 6,371 shares at a price of US $ 478.75. After the transaction, the insider already owns 35,029 shares. Chief Information Officer Bedi Christopher previously sold 495 shares on Apr. 29 for $ 489.18 per share. The transaction was completed in the amount of $ 242,144.
Metrics of Appreciation
ServiceNow Inc. (NOW) has a trailing price-to-earnings (P/E) ratio of 415.60. The beta for the stock is 1.09. There are also several other valuation ratios to consider, including the trailing price-to-sales (P/S) ratio of 15.04, the price-to-book (PB) ratio of 22.86, and the price-to -cash flow ratio of 48.27.
Financial health
For the three months ended March 30, ServiceNow Inc’s fast ratio. is 1.10, while its current ratio is 1.10, indicating its ability to repay its debt. The company’s long -term debt to equity ratio for the quarter ending March 30 is 0.37, and the total debt to equity ratio is 0.39. As far as profitability, the total margin for the last twelve months was 77.30% percent. The operating margin of ServiceNow Inc. stands at 3.90% for the same period. Based on annual data, it has total revenue of $ 4.54 billion and revenue of $ 5.9 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 2.20%. There was a 4.50% return on investment (ROI) in the past year. Meanwhile, the return on equity (ROE) in the last 12 months was 6.20%.
Income Surprise
According to the quarterly financial report of ServiceNow Inc. for the quarter ended March 30, it had $ 1.76 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 $ 1.72 billion, while revenues rose 21.02% to $ 1.61 billion. It is predicted that the quarterly revenue of ServiceNow Inc. would be $ 1.73, but it became $ 1.7, beating the consensus by 1.80%. EBITDA was $ 271.0 million for the quarter. At the end of the most recent quarter ServiceNow Inc. which ended on March 30, its liabilities totaled 7.0 billion, while its total debt was $ 2.21 billion. The equity owned by the shareholders is worth $ 20.0 million.
Technical Picture
Here’s a quick look at ServiceNow Inc.’s price momentum. (NOW) from a technical standpoint. On May 6, the 9 -day RSI stood at 33.35%, suggesting that the stock is Neutral, with a 67.71% historical volatility rate.
The stochastic % K and % D were 16.49 % and 31.14 % respectively, while the average true range (ATR) was 26.39. Based on a 14 -day stochastic reading of 4.70%, the RSI (14) reading is 36.46%. On the 9 -day MACD Oscillator, the stock is at -19.77, and the 14 -day reading is at -21.02.
Analyst Ratings
ServiceNow Inc. (NYSE: NOW) was downgraded by Exane BNP Paribas to an Underperform rating in its latest research report. The stock was previously rated as aa Neutral. Analysts assigned ServiceNow Inc. (NOW) of Buy rating. NOW is a stock recommended for sale by 1 brokerage firm, while 1 holding company is recommended. The stock is underweight by 0 analysts. Of the analysts who rate the stock, 1 rate it as overweight and 28 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 $ 595.00 and $ 752.00, with a median target price of $ 675.00. In reviewing these forecasts, the average price target provided by analysts for ServiceNow Inc. (NOW) is $ 667.27.