ServiceNow Inc (NYSE: NOW) is -9.91% 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 $942.86 in the last trading session, with the day’s gains setting it 12.15%.
Currently trading at $955.01, the stock is 16.34% and 12.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.94 million and changing 1.29% at the moment leaves the stock 2.94% off its SMA200. NOW registered 31.99% gain for a year compared to 6-month loss of 0.44%. The firm has a 50-day simple moving average (SMA 50) of $848.9364 and a 200-day simple moving average (SMA200) of $927.7509.
The stock witnessed a 19.96% gain in the last 1 month and extending the period to 3 months gives it a -16.49%, and is 17.51% up 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 3.58% over the week and 4.97% over the month.
ServiceNow Inc (NOW) has around 26293 employees, a market worth around $197.69B and $11.47B in sales. Current P/E ratio is 129.64 and Fwd P/E is 48.12. Profit margin for the company is 13.41%. Distance from 52-week low is 49.69% and -20.29% from its 52-week high. The company has generated returns on investments over the last 12 months (12.37%).
The EPS is expected to grow by 19.07% this year
2967.0 institutions hold shares in ServiceNow Inc (NOW), with institutional investors hold 92.49% of the company’s shares. The shares outstanding are 206.98M, and float is at 206.11M with Short Float at 1.84%. Institutions hold 92.33% 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 9.1355 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 8.2955 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.85 million shares representing 4.3043 and valued at over $6.96 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.7504 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 Chadwick Jonathan, the company’s Director. SEC filings show that Chadwick Jonathan sold 770 shares of the company’s common stock on Apr 28 ’25 at a price of $931.62 per share for a total of $0.72 million. Following the sale, the insider now owns 3205.0 shares.
ServiceNow Inc disclosed in a document filed with the SEC on Apr 25 ’25 that Black Deborah (Director) sold a total of 598 shares of the company’s common stock. The trade occurred on Apr 25 ’25 and was made at $940.23 per share for $0.56 million. Following the transaction, the insider now directly holds 428.0 shares of the NOW stock.
Still, SEC filings show that on Apr 28 ’25, Chadwick Jonathan (Director) Proposed Sale 770 shares at an average price of $931.63 for $0.72 million. The insider now directly holds shares of ServiceNow Inc (NOW).
