ServiceNow Inc. stock. (NYSE: NOW) dropped -$ 26.74 on Friday to finish at $ 583.72, down -4.38 percent. The last five days have seen an average of 1,634,340 shares of common stock traded. 1 times reached new highs in the current year, with a fall to -$ 65.39. The average number of shares traded in the past 20 days was 2,418,140, while the average volume over the past 50 days reached 1,827,240.
NOW the stock is valued by 1.80% 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 -10.07% or -$ 65.39 this year, hitting a new 1 -time high. However, the stock price dropped -17.51% from a 52 -week high.
Insider Transactions
There are 3 days since ServiceNow Inc. last reported. (NOW) insider trading activity on Feb. 09. On Feb. 09, Chief Financial Officer Mastantuono Gina sold 66 shares at $ 598.85 each. This transaction resulted in the insider making $ 39,524. On Feb. 08, LUDDY FREDERIC B sold 6,600 shares at a price of US $ 582.16. After the transaction, the insider already owns 36,600 shares. Chief Financial Officer Mastantuono Gina previously sold 2,102 shares on Feb 08 for $ 564.20 per share. The transaction was completed in the amount of $ 1,185,948.
Metrics of Appreciation
ServiceNow Inc. (NOW) has a trailing price-to-earnings (P/E) ratio of 514.29. The beta for the stock is 1.07. There are also several other valuation ratios to consider, including the trailing price-to-sales (P/S) ratio of 19.14, the price-to-book (PB) ratio of 32.81, and the price-to -cash flow ratio of 73.72.
For the three months ended Sept. 29, 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 Sept. 29 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 $ 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 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 3.75 last year for the broader industry.
Earnings Surprises
According to the quarterly financial report of ServiceNow Inc. for the quarter ended Sept. 29, it had $ 1.58 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 $ 1.61 billion, while revenues rose 22.58% to $ 1.51 billion. It is predicted that the quarterly revenue of ServiceNow Inc. would be $ 1.55, but it became $ 1.38, beating the consensus by 12.30%. At the end of the most recent quarter ServiceNow Inc. which ended Sept. 29, its liabilities totaled 7.1 billion, while its total debt was $ 2.23 billion.
Technical Picture
Here’s a quick look at ServiceNow Inc.’s price momentum. (NOW) from a technical standpoint. On February 11, the 9 -day RSI stood at 53.34%, suggesting that the stock is Neutral, with a 43.27% historical volatility rate.
The stochastic % K and % D were 88.50 % and 92.48 % respectively, while the average true range (ATR) was 29.03. Based on a 14 -day stochastic reading of 73.47%, the RSI (14) reading is 51.83%. On the 9-day MACD Oscillator, the stock is at 16.20, and the 14-day reading is at 36.02.
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 30 others recommend it as a buy.