ServiceNow Inc. (NYSE: NOW) Is the Best Stock to Invest?

After Hours

Trading before the market opens and after the market closes can be riskier than during regular market hours. Because issuers often announce critical financial information outside of regular trading hours. Extended trading hours may result in wider spreads for certain securities due to lower liquidity and higher volatility. After-hours trades for ServiceNow Inc. (NOW) shows that investor sentiment remained sour, with the stock closing down -$11.4, or -2.77%, at $399.8. Volume reached 45,646 shares, with the price reaching a high of $401.43 and a low of $400. The stock was recently discussed in Yahoo Finance as it announced that ServiceNow Unveils Now Platform Tokyo Release to Help Organizations Drive Business Transformation Amid Complex Macro Environment.

Stocks Information

ServiceNow Inc. is listed. on the NYSE in the Technology sector while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $401.43 and fluctuated between $418.94 as its day high and $401.39 as its day low. The current market capitalization of ServiceNow Inc. is $82.95B. A total of 2.5 million shares were traded on the day, compared to an average of 1.57M shares.

Internal Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. 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, Smith Paul John sold 411 shares at $482.95 per share on August 18. The company’s shares held by the Chief Commercial Officer totaled 2,467.


The reasons why investors prefer companies that pay dividends is that dividends generate immediate cash flow and indicate that the company will perform well in the future. 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.

Despite rarely being accurate, price targets can sometimes exert some kind of influence, and are often considered important by markets. According to analysts that have offered 12-month price targets for NOW in the last 3 months, the average price target is $553.83 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 $406.47.

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

As well as showing the company’s assets and liabilities, the balance sheet also shows the amount invested in equity by investors. Investors can evaluate a company’s future prospects by calculating its financial ratios based on this information. NOW’s most recent balance sheet shows that the company had $3.30B in Cash and Short Term Investments in fiscal 2021. There was $2.21B in debt and $4.95B in liabilities at that time. Its Book Value Per Share is $20.87, while its Total Shareholder’s Equity is $3.69B.

Analysts’ Opinion

After-hours and pre-market trading may carry slightly higher risk than regular market hours. Because issuers often announce important financial information outside of regular trading hours, extended trading hours may result in wider spreads for a particular security. That’s because extended trading hours can result in lower liquidity and higher volatility. Currently, 33 analysts provide their opinions on the stock. On a scale of 1 to 5, where 1 is a Sell and 5 is a Buy, the average analyst rating for NOW is Sell with a score of 4.72. A total of 28 analysts rated the stock as Buy while 2 rated it as Overweight while 2 rated it as Hold. Of the other participants, 0 thought the stock was underweight and 1 thought it should be a Sell.

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