Over the past three months, ServiceNow Inc. [NOW] ended the trading day at $531.46 and exhibited a change of 1.10% with a 24 hour trading and reached upto the volume of 1.28M compared to its recorded trading volume of 0.77 million. NOW generated a 1 year amount change with 92.47%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -0.34% with an amount shift of 2.36% over the last month.
On 1, December 2020, ServiceNow to Present at Upcoming Investor Conferences. According to news published on Yahoo Finance, ServiceNow (NYSE: NOW) today announced that it will have executives present at two upcoming investor conferences. These include:.
Analyst Birdseye View:
The most recent analyst activity for ServiceNow Inc. [NYSE:NOW] stock was on November 12, 2020, when it was Upgrade with an Overweight rating from Morgan Stanley, which also raised its 12-month price target on the stock to $652. Before that, on November 24, 2020, KeyBanc Capital Markets Recapitulated an Overweight rating and elevated its amount target to $620. On October 29, 2020, Needham Reiterated a Buy rating and boosted its price target on this stock from $490 to $538. On October 29, 2020, Canaccord Genuity Reiterated a Buy rating and increased its price target from $475 to $550. On October 21, 2020, Edward Jones Initiated a Buy rating. On October 14, 2020, UBS Resumed a Buy rating and boosted its amount target on this stock to $600. On June 23, 2020, Jefferies Reiterated a Buy rating and boosted its target amount on this stock from $375 to $465. On April 30, 2020, Piper Sandler Downgrade a Neutral rating and amplified its amount target to $360.
In the past 52 weeks of trading, this stock has oscillated between a low of $238.93 and a peak of $541.74. Right now, according to Wall Street analyst the average 12-month amount target is $574.74. At the most recent market close, shares of ServiceNow Inc. [NYSE:NOW] were valued at $531.46. According to the average price forecast, investors can expect a potential return of 3.87%.
ServiceNow Inc. [NYSE:NOW] most recently reported quarterly sales of 1.15 billion, which represented growth of 30.10%. This publicly-traded organization’s revenue is $333,665 per employee, while its income is $60,428 per employee. This company’s Gross Margin is currently 78.20%, its Operating Margin is 4.00%, its Pretax Margin is +1.94, and its Net Margin is +18.11. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 12.66, 38.70, 1.67 and 25.17 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 34.70 and the whole liability to whole assets at 18.78. It shows enduring liability to the whole principal at 33.09 and enduring liability to assets at 0.18 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 522.04 points at 1st support level, the second support level is making up to 518.39. But as of 1st resistance point, this stock is sitting at 529.55 and at 533.41 for 2nd resistance point.
ServiceNow Inc. [NOW] reported its earnings at $1.21 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.03/share signifying the difference of 0.18 and 17.50% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $1.23 calling estimates for $1.01/share with the difference of 0.22 depicting the surprise of 21.80%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for ServiceNow Inc. [NYSE:NOW] is 1.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.62. Now if looking for a valuation of this stock’s amount to sales ratio it’s 16.09, it’s amount to book ratio is 25.14 and showing 149.30 of P/E (TTM) ratio.
The most recent insider trade was by LUDDY FREDERIC B, Director, and it was the sale of 38600.0 shares on Dec 02. Goon Fay Sien, the Principal Accounting Officer, completed a sale of 142.0 shares on Nov 18. On Nov 18, Desai Chirantan Jitendra, Chief Product Officer, completed a sale of 2946.0 shares.