A new trading day began on Tuesday, with ServiceNow Inc (NYSE: NOW) stock price up 1.19% from the previous day of trading, before settling in for the closing price of $1036.01. NOW’s price has ranged from $632.25 to $1038.00 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 28.08%. Meanwhile, its annual earnings per share averaged 28.92%. With a float of $205.02 million, this company’s outstanding shares have now reached $206.00 million.
The extent of productivity of a business whose workforce counts for 22668 workers is very important to gauge. In terms of profitability, gross margin is 79.24%, operating margin of 12.04%, and the pretax margin is 15.5%.
ServiceNow Inc (NOW) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of ServiceNow Inc is 0.47%, while institutional ownership is 89.83%. The most recent insider transaction that took place on Nov 08 ’24, was worth 76,831. In this transaction Chief People Officer of this company sold 76 shares at a rate of $1010.94, taking the stock ownership to the 3,027 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Chief Commercial Officer sold 192 for $1012.72, making the entire transaction worth $194,442. This insider now owns 7,544 shares in total.
ServiceNow Inc (NOW) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 3.11 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% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.92% per share during the next fiscal year.
ServiceNow Inc (NYSE: NOW) Trading Performance Indicators
Here are ServiceNow Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 20.64. Likewise, its price to free cash flow for the trailing twelve months is 63.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.43, a number that is poised to hit 3.65 in the next quarter and is forecasted to reach 16.60 in one year’s time.
Technical Analysis of ServiceNow Inc (NOW)
The latest stats from [ServiceNow Inc, NOW] show that its last 5-days average volume of 1.24 million was inferior to 1.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 92.39%. Additionally, its Average True Range was 22.61.
During the past 100 days, ServiceNow Inc’s (NOW) raw stochastic average was set at 98.47%, which indicates a significant increase from 96.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.85% in the past 14 days, which was lower than the 34.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $920.35, while its 200-day Moving Average is $802.31. Now, the first resistance to watch is $1,058.66. This is followed by the second major resistance level at $1,069.03. The third major resistance level sits at $1,084.80. If the price goes on to break the first support level at $1,032.52, it is likely to go to the next support level at $1,016.75. The third support level lies at $1,006.38 if the price breaches the second support level.
ServiceNow Inc (NYSE: NOW) Key Stats
With a market capitalization of 215.95 billion, the company has a total of 206,000K Shares Outstanding. Currently, annual sales are 8,971 M while annual income is 1,731 M. The company’s previous quarter sales were 2,797 M while its latest quarter income was 432,000 K.
