ServiceNow Inc (NYSE: NOW) is -8.69% lower on its value in year-to-date trading and has touched a low of $637.99 and a high of $1198.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NOW stock was last observed hovering at around $987.14 in the last trading session, with the day’s loss setting it -19.16%.
Currently trading at $967.98, the stock is -6.82% and -9.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing -1.94% at the moment leaves the stock 7.31% off its SMA200. NOW registered 26.53% gain for a year compared to 6-month gain of 16.22%.
The stock witnessed a -11.75% loss in the last 1 month and extending the period to 3 months gives it a -4.29%, and is -1.47% 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 2.40% over the week and 2.81% over the month.
ServiceNow Inc (NOW) has around 26293 employees, a market worth around $199.40B and $10.98B in sales. Current P/E ratio is 141.51 and Fwd P/E is 48.81. Profit margin for the company is 12.97%. Distance from 52-week low is 51.72% and -19.21% from its 52-week high. The company has generated returns on investments over the last 12 months (12.09%).
with sales reaching $3.09B over the same period.The EPS is expected to grow by 17.65% this year, but quarterly earnings will post 18.77% year-over-year. Quarterly sales are estimated to grow 18.57% in year-over-year returns.
The shares outstanding are 206.49M, and float is at 205.08M with Short Float at 1.58%.
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 ELMER RUSSELL S, the company’s General Counsel. SEC filings show that ELMER RUSSELL S sold 1,023 shares of the company’s common stock on Feb 18 ’25 at a price of $988.00 per share for a total of $1.01 million. Following the sale, the insider now owns 4332.0 shares.
ServiceNow Inc disclosed in a document filed with the SEC on Feb 18 ’25 that Smith Paul John (Pres., Global Cust.& Field Ops) sold a total of 2,404 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $980.05 per share for $2.36 million. Following the transaction, the insider now directly holds 6244.0 shares of the NOW stock.
Still, SEC filings show that on Feb 14 ’25, Smith Paul John (Pres., Global Cust.& Field Ops) disposed off 1,184 shares at an average price of $980.08 for $1.16 million. The insider now directly holds 4,204 shares of ServiceNow Inc (NOW).
