ServiceNow Inc (NYSE: NOW) is -13.13% 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 $941.96 in the last trading session, with the day’s loss setting it -21.0%.
Currently trading at $920.96, the stock is -6.57% and -11.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing -2.23% at the moment leaves the stock 1.51% off its SMA200. NOW registered 18.12% gain for a year compared to 6-month gain of 11.25%.
The stock witnessed a -21.31% loss in the last 1 month and extending the period to 3 months gives it a -13.17%, and is -4.86% 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 3.35% over the week and 2.82% over the month.
ServiceNow Inc (NOW) has around 26293 employees, a market worth around $189.72B and $10.98B in sales. Current P/E ratio is 134.64 and Fwd P/E is 46.41. Profit margin for the company is 12.97%. Distance from 52-week low is 44.35% and -23.13% 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 17.66% 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 205.11M with Short Float at 1.54%.
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 Vice Chairman. SEC filings show that Tzitzon Nicholas sold 2,945 shares of the company’s common stock on Feb 25 ’25 at a price of $923.72 per share for a total of $2.72 million. Following the sale, the insider now owns 3649.0 shares.
Still, SEC filings show that on Feb 21 ’25, Mastantuono Gina (President and CFO) disposed off 4,442 shares at an average price of $964.70 for $4.29 million. The insider now directly holds 11,126 shares of ServiceNow Inc (NOW).
