A new trading day began on September 27, 2022, with ServiceNow Inc. (NYSE: NOW) stock price at $376.76, up 2.39% from the previous trading day. During the day, shares peaked at $379.30 and dipped to $371.20 before settling for a closing price of $370.10. NOW’s price has ranged from $367.71 to $707.60 over the past 52 weeks.
Top 5 Cheap Stocks to Own Today
While finding safe stocks with the potential for monster gains isn’t always easy, we’ve found a few that can pay off nicely. In fact, within our report, “Top 5 Inexpensive Stocks to Own Today”, we’ve identified five stocks that we believe will appreciate the most even if you only have $1,000 to invest.
Sign up here to get your free report today. .
Sponsored
The Technology Sector giant has seen their annual sales increase by 33.50% over the past five years. Meanwhile, its annual earnings per share averaged 93.40%. With a float of $201.33 million, the remaining shares of this company have reached $202.00 million.
The company has a total of 16881 workers. Let’s measure their productivity. In terms of profitability, gross margin was +77.05, operating margin was +4.36, and pretax margin was +4.22.
ServiceNow Inc. (NOW) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large investors are investing in this Software – Application Industry stock. The insider ownership of ServiceNow Inc. is 0.10%, while institutional ownership is 91.00%. The most recent insider transaction that occurred on Sep 19, was worth 1,127,185. In this transaction, the General Counsel of this company sold 2,666 shares for $422.80, bringing the stock ownership to 6,627 shares. Before that, another transaction happened on Sep 01, when the Company Director sold 6,600 for $423.90, making the entire transaction worth $2,797,732. This insider now owns 32,400 shares in total.
ServiceNow Inc. (NOW) Recent Fiscal highlights
In its latest quarterly report, issued on 6/29/2022, the company reported earnings of $1.62 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% compared to 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +3.90 while generating a return on equity of 7.04. Wall Street market experts expect the next fiscal year to bring earnings of 2.09 per share in the current fiscal year.
According to Wall Street analysts, the stock’s earnings will be around 93.40% per share in the next fiscal year. For long-term projections, market analysts expect the company’s EPS to increase by 26.54% in the next five years compared to 19.60% growth in the previous five trading years.
ServiceNow Inc. (NYSE: NOW) Trading Performance Indicators
Here are ServiceNow Inc’s current performance indicators. According to last quarter results, the stock has a quick ratio of 1.10. Additionally, the publicly traded company’s price to sales ratio for the trailing twelve months stands at 11.90. Also, its price to free cash flow for the next twelve months is 38.85.
For the trailing twelve months, the Company’s Diluted EPS (Earnings per Share) is 0.91, a number that is set to reach 1.85 in the next quarter and is forecast to reach 9.25 within a year.
Technical Analysis of ServiceNow Inc. (NOW)
Analysis of the last 5-day average volume posted by [ServiceNow Inc., NOW], we can see that the recorded value of 2.32 million is better than the volume posted last year of 1.74 million. Over the past 9 days, the stock’s Stochastic %D is 6.05%. Additionally, its Average True Range is 14.92.
Over the past 100 days, ServiceNow Inc’s raw stochastic average has been set. (NOW) at 7.31%, indicating a significant decline from 9.78% in the past two weeks. Based on the stock’s volatility metrics, it has shown a historical volatility of 43.20% in the past 14 days, which is lower than the 53.12% volatility it has shown in the past 100 days.
At the time of writing, the stock’s 50-day Moving Average is $451.52, while its 200-day Moving Average is $507.77. Today, the first resistance to watch is $381.77. It is followed by a second major resistance level at $384.58. The third major resistance level sits at $389.87. If the price continues to break the first support level at $373.67, it is likely to go to the next support level at $368.38. Now, if the price breaks through the second support level, the third support is at $365.57.
ServiceNow Inc. (NYSE: NOW) Key Stats
With a market capitalization of 78.56 billion, the company has a total of 202,000K Shares Outstanding. Currently, annual sales are 5,896 M while annual revenue is 230,000 K. The company’s previous quarter sales are 1,752 M while its most recent quarter revenue is 20,000 K.