ServiceNow Inc (NYSE: NOW) is 15.23% higher on its value in year-to-date trading and has touched a low of $527.24 and a high of $850.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NOW stock was last observed hovering at around $831.74 in the last trading session, with the day’s loss setting it -17.63%.
Currently trading at $814.11, the stock is -0.09% and 3.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -2.12% at the moment leaves the stock 9.44% off its SMA200. NOW registered 43.25% gain for a year compared to 6-month gain of 7.15%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 1.92% loss in the last 1 month and extending the period to 3 months gives it a 11.35%, and is -2.99% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.20% over the week and 2.50% over the month.
ServiceNow Inc (NOW) has around 22668 employees, a market worth around $167.71B and $9.96B in sales. Current P/E ratio is 147.22 and Fwd P/E is 49.18. Profit margin for the company is 11.51%. Distance from 52-week low is 54.41% and -4.26% from its 52-week high. The company has generated returns on investments over the last 12 months (10.59%).
ServiceNow Inc quarterly earnings per share for the current quarter are estimated at 3.46 with sales reaching $2.74B over the same period.The EPS is expected to grow by 27.84% this year, but quarterly earnings will post 21.60% year-over-year. Quarterly sales are estimated to grow 19.90% in year-over-year returns.
2595.0 institutions hold shares in ServiceNow Inc (NOW), with institutional investors hold 90.73% of the company’s shares. The shares outstanding are 206.00M, and float is at 205.02M with Short Float at 1.44%. Institutions hold 90.56% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.79 million shares valued at $14.78 billion. The investor’s holdings represent 9.1594 of the NOW Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.06 million shares valued at $13.42 billion to account for 8.3171 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.85 million shares representing 4.3155 and valued at over $6.96 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.7602 of the shares totaling 7.71 million with a market value of $6.07 billion.
ServiceNow Inc (NOW) Insider Activity
The most recent transaction is an insider sale by Tzitzon Nicholas, the company’s Chief Strat & Corp Affairs Ofc. SEC filings show that Tzitzon Nicholas sold 1,857 shares of the company’s common stock on Aug 26 ’24 at a price of $829.68 per share for a total of $1.54 million. Following the sale, the insider now owns 3649.0 shares.
Still, SEC filings show that on Aug 20 ’24, Canney Jacqueline P (Chief People Officer) disposed off 992 shares at an average price of $835.00 for $0.83 million. The insider now directly holds 3,027 shares of ServiceNow Inc (NOW).
