ServiceNow Inc. stock. (NYSE: NOW) rose $ 14.99 on Tuesday to finish at $ 597.75, up 2.57 percent. The last five days have seen an average of 1,215,900 shares of common stock traded. 1 times reached new highs in the current year, with a fall to -$ 51.36. The average number of shares traded over the past 20 days was 1,472,315, while the average volume over the past 50 days reached 1,795,528.
NOW stock appreciated 3.07% from last month. On 03/15/22, shares of the company hit a one -month low of $ 491.31. 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 -7.91% or -$ 51.36 this year, reaching a new high 1 time. However, the stock price dropped -15.52% from a 52 -week high.
Insider Transactions
There are 5 days since ServiceNow Inc. last reported. (NOW) insider trading activity on Mar 25. On Mar 25, Chief Information Officer Bedi Christopher sold 700 shares for $ 581.04 each. This transaction resulted in the insider making $ 406,728. On Mar 02, LUDDY FREDERIC B sold 333 shares for US $ 587.50. After the transaction, the insider now owns 36,000 shares. Director LUDDY FREDERIC B previously sold 6,267 shares on Mar 02 for $ 579.94 per share. The transaction was completed in the amount of $ 3,634,497.
Metrics of Appreciation
ServiceNow Inc. (NOW) has a trailing price-to-earnings (P/E) ratio of 527.12. The beta for the stock is 1.05. There are also several other valuation ratios to consider, including the trailing price-to-sales (P/S) ratio of 20.97, the price-to-book (PB) ratio of 32.24, and the price-to -cash flow ratio of 68.73.
Financial health
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 0.40, and the total debt to equity ratio is 0.43. As far as profitability, the total margin for the last twelve months was 77.10% percent. The operating margin of ServiceNow Inc. stands at 4.40% 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 2.40%. 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 6.80%. ROE averaged 3.78 last year for the broader industry.
Income Surprise
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. This predicted the quarterly earnings of ServiceNow Inc. would be $ 1.55, but it became $ 1.38, beating the consensus by 12.30%. EBITDA was $ 251.0 million for the quarter. 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. 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 March 29, the 9 -day RSI stood at 60.87%, suggesting that the stock is Neutral, with a 44.02% historical volatility rate.
The stochastic % K and % D were 82.90 % and 78.66 % respectively, while the average true range (ATR) was 26.84. Based on a 14 -day stochastic reading of 96.49%, the RSI (14) reading is 57.24%. On the 9-day MACD Oscillator, the stock is at 3.41, and the 14-day reading is at 23.73.
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 0 brokerage firms, while 2 companies recommend to hold. 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.
What is the NOW price target for the next 12 months?
The current consensus forecast for the stock is between $ 600.00 and $ 850.00, with a median target price of $ 700.00. In reviewing these forecasts, the average price target provided by analysts for ServiceNow Inc. (NOW) is $ 697.28.