ServiceNow Inc (NYSE: NOW) on Tuesday, plunged -1.77% from the previous trading day, before settling in for the closing price of $944.69. Within the past 52 weeks, NOW’s price has moved between $527.24 and $949.59.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 28.08%. The company achieved an average annual earnings per share of 27.86%. With a float of $205.02 million, this company’s outstanding shares have now reached $206.00 million.
Considering the fact that the conglomerate employs 22668 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 79.07%, operating margin of 10.78%, and the pretax margin is 14.11%.
ServiceNow Inc (NOW) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of ServiceNow Inc is 0.47%, while institutional ownership is 89.39%. The most recent insider transaction that took place on Sep 19 ’24, was worth 909,000. Before that another transaction happened on Sep 16 ’24, when Company’s Former Officer proposed sale 10,000 for $892.93, making the entire transaction worth $8,929,280.
ServiceNow Inc (NOW) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 27.86% per share during the next fiscal year.
ServiceNow Inc (NYSE: NOW) Trading Performance Indicators
ServiceNow Inc (NOW) is currently performing well based on its current performance indicators. A quick ratio of 1.05 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.20. Likewise, its price to free cash flow for the trailing twelve months is 62.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.53, a number that is poised to hit 3.45 in the next quarter and is forecasted to reach 16.55 in one year’s time.
Technical Analysis of ServiceNow Inc (NOW)
Compared to the last year’s volume of 1.28 million, its volume of 0.95 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.11%. Additionally, its Average True Range was 21.59.
During the past 100 days, ServiceNow Inc’s (NOW) raw stochastic average was set at 93.06%, which indicates a significant increase from 74.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.29% in the past 14 days, which was lower than the 40.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $865.84, while its 200-day Moving Average is $779.13. Nevertheless, the first resistance level for the watch stands at $941.25 in the near term. At $954.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $961.84. If the price goes on to break the first support level at $920.67, it is likely to go to the next support level at $913.37. Should the price break the second support level, the third support level stands at $900.08.
ServiceNow Inc (NYSE: NOW) Key Stats
Market capitalization of the company is 191.16 billion based on 205,000K outstanding shares. Right now, sales total 8,971 M and income totals 1,731 M. The company made 2,627 M in profit during its latest quarter, and 262,000 K in sales during its previous quarter.
