ServiceNow Inc. (NYSE: NOW) Compared with the latest closing price of $505.00, it has increased by 2.44% from the latest closing price. In the past five trading days, the company’s stock price has risen 3.13%.The press release reported on 20/09/20 that ServiceNow has been named a leader in Name’s 2020 Gartner Magic Quadrant for IT Service Management Tools for the seventh consecutive year
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Is it worth investing in ServiceNow Inc. (NYSE:NOW) now?
ServiceNow Inc.’s (NYSE:NOW) price-to-earnings ratio is higher than its average ratio and is 138.89 times its current price-to-earnings ratio. In addition, the 36-month Beta value of NOW is 1.23. The view on the stock is very interesting. Among the 32 analysts who provided ServiceNow Inc. ratings, 24 analysts declared the stock a “buy”, one of which rated the stock as “overweight” and six The stock is rated as “Hold”, with 0 as “Hold”. Sell. “
The analyst’s average price is $494.54, which is $31.78 lower than the current price. Now, the current public shareholding is 189.61M, and shorts hold 1.73% of that shareholding. Today, the average trading volume of NOW is 1.56 million shares.
Current market performance
NOW stock has risen 3.13% this week, monthly growth of 12.28%, quarterly performance of 26.56%, and annual performance rate of 93.26%. This week’s volatility was 2.26%, while ServiceNow Inc.’s volatility over the past 30 days was set at 2.91%. The simple moving average for the past 20 days is 7.00% of NOW stock. The moving average of the last 200 days is 36.35%.
Analyst’s view
Many brokerage companies have already submitted reports on NOW stocks, and Jefferies listed NOW’s rating as “buy”, thus repeating NOW’s rating. According to data from Jefferies, according to the current research report released on June 23, 2020, the predicted price of NOW in the future is $465.
On the other hand, Piper Sandler (Piper Sandler) stated in the research report that they hope NOW will reach the price target of $360, compared to the previous forecast price of $310. According to a report released on April 30, 2020, their rating for NOW stock is “Neutral”.
Robert W. Baird (Robert W. Baird) rated the rating from “neutral” to NOW, and set the target price at $300 in a report released on April 2 this year.
The trading price is now 10.34% higher than the 50-day moving average
After the market fell into a downturn in the past 52 weeks, which caused NOW to fall to a low price, the company was able to rebound and is currently flattening out with 0.71% earnings for the given period.
The volatility remains at 2.91%, but in the past 30 days, the volatility has increased by 2.26% because the moving average stock price has risen by +14.06% in the past 20 days. In the past 50 days, the stock is currently up 17.90%.
In the past five trading days, NOW has risen by +3.13%, which makes the 200-day moving average change +78.96% from the 20-day moving average ($478.46). In addition, ServiceNow Inc.’s annual turnover has increased by 80.15%, and there is a trend of further decrease.
secret deal
According to reports, the NOW insider trading activity started from LUDDY FREDERIC B more than once. They sold 305 shares at a price of $474.99 on September 16. After this move, LUDDY FREDERIC B now owns 63,000 shares of ServiceNow Inc., which is valued at $144,873 based on the latest closing price.
ServiceNow Inc. director LUDDY FREDERIC B sold 28,295 shares at a price of $464.06 in the September 16 transaction, which means that LUDDY FREDERIC B held 63,305 shares at the latest closing price of $13,130,692.
Current stock basics
The current profitability of the company is:
- Current operating profit margin +1.22
- Gross profit rate +72.12
ServiceNow Inc.’s net profit margin is +18.11. The total return on capital is set at 1.67, while the return on invested capital manages to reach 25.17. Now, the stock yield is 35.10 and the asset return is 12.40.
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According to ServiceNow Inc. (NOW), the company’s capital structure generated a total of 53.14 points of debt-to-equity liabilities, while the total debt-to-equity debt was 34.70. The total assets and liabilities are 18.78, and the long-term debt-to-equity ratio is 50.67. Finally, the long-term debt-to-capital ratio is 33.09.
Currently, the company’s EBITDA is 182.7 million, and the total EBITDA debt is 1.68. When we switched to the corporate and sales department, we saw a ratio of 15.93, and the company’s debt to corporate value was 0.02. The company’s accounts receivable turnover ratio was 4.91, and the total asset turnover ratio was 0.70. The liquidity ratio is also very attractive to investors because it is 0.96.
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