ServiceNow, Inc. (NYSE:NOW) is a lively hot stock

ServiceNow, Inc. (NYSE:NOW) traded at US$499.81 on the last trading day on Tuesday, October 27, a decrease of -0.36% from the previous day’s price.

Looking at the stock, we see that its previous closing price was 501.61 USD, the beta (monthly 5 years) reading was 1.24, and the price range for the day was 498.52-510.00 USD. The company’s 12-month trailing PE ratio is 136.49. In terms of its 52-week price range, the highest price of NOW is $533.37 and the lowest price is $238.29. In the past 30 days, the company’s stock price has risen about 3.22%.

ServiceNow has a market value of US$94.36 billion and is expected to release its quarterly earnings report on October 28, 2020. With its positive dividend of 0 and a yield of 0%, investors in the company may be concerned that NOW’s stock will fall in the future for earnings releases. Analysts’ estimates put the company’s expected earnings per share (EPS) at $1.03, and EPS growth for the year will be $4.42 and $5.49 in 2020 and 2014, respectively. These figures represent an increase in earnings per share of 0.33% and 0.24% in two years.

In the past 7 days, the EPS of this stock has been adjusted upwards but not downwards, which reflects the nature of the company’s short-term price movements. On the other hand, from the perspective of NOW stocks, short-term indicators allocate stocks equally to 50% purchases, while medium-term indicators allocate stocks equally to 100% purchases. On average, long-term indicators classify stocks as 100% buys.

Let us briefly compare the inventory of ServiceNow (NOW) with peers. We found that NOW’s today’s price change in the past 12 months was -0.36% and +104.25%, which was better than the price of Infosys Ltd (INFY), which fell -0.47% in the most recent trading day to +62.12% In the past year. Dell’s other peer company, Dell Technologies Inc (DELL), fell -1.81% today and has risen +23.22% in the past year, while Costar Group Inc (CSGP) also fell -0.36%, but its price is still Green is 104.25. The percentage over the same period. Compared with ServiceNow’s 136.49 and Dell’s 22.92, Infosys has a P/E ratio of 26.01. Compared with these companies, the early trading prices of the S&P 500 and Dow Jones Industrial Average today are -0.3% and -0.8%, respectively.

Back to ServiceNow, Inc. (NYSE: NOW), we noticed that the average three-month transaction volume was 1.46 million, while the transaction volume in the first 10 days was 978.5 million. The current outstanding shares are 191.8 million.

According to Thomson Reuters data, insiders hold 0.77% of the company’s shares, while institutions hold 98.93% of the company. The data shows that as of October 14, 2020, the short stocks are 2.82 million, and the short ratio is 2.53. This accounts for 1.47% of the short-sale interest of the shares outstanding on October 14, 2020. The number of short-selling stocks in October decreased by 3.28 million from the previous month. Since the stock has huge upside potential, investors should be excited about it, and today’s price has allowed the stock to rise +77.04% in the year-to-date price movement.