ServiceNow (NYSE:NOW – Get Free Report) had its worth goal hoisted by funding analysts at Piper Sandler from $850.00 to $1,000.00 in a analysis be aware issued to buyers on Thursday, Benzinga experiences. The brokerage presently has an “chubby” score on the knowledge know-how providers supplier’s inventory. Piper Sandler’s worth goal would point out a possible upside of 5.17% from the corporate’s earlier shut.
Quite a lot of different analysts have additionally just lately commented on the corporate. Deutsche Financial institution Aktiengesellschaft lifted their goal worth on ServiceNow from $875.00 to $900.00 and gave the inventory a “purchase” score in a analysis report on Thursday, July twenty fifth. Mizuho lifted their worth goal on ServiceNow from $850.00 to $980.00 and gave the inventory an “outperform” score in a analysis report on Thursday, October seventeenth. Morgan Stanley downgraded ServiceNow from an “chubby” score to an “equal weight” score and elevated their worth goal for the corporate from $900.00 to $960.00 in a report on Monday, October twenty first. Barclays lifted their goal worth on shares of ServiceNow from $980.00 to $1,000.00 and gave the corporate an “chubby” score in a report on Thursday. Lastly, JPMorgan Chase & Co. elevated their worth goal on shares of ServiceNow from $820.00 to $950.00 and gave the inventory an “chubby” score in a analysis be aware on Thursday. One equities analysis analyst has rated the inventory with a promote score, three have given a maintain score and twenty-five have assigned a purchase score to the inventory. Based on MarketBeat.com, the inventory presently has a median score of “Average Purchase” and a consensus goal worth of $970.33.
ServiceNow Value Efficiency
Shares of NYSE NOW opened at $950.85 on Thursday. The inventory’s 50-day easy shifting common is $883.09 and its 200-day easy shifting common is $796.21. The corporate has a debt-to-equity ratio of 0.17, a fast ratio of 1.12 and a present ratio of 1.12. The agency has a market capitalization of $195.88 billion, a PE ratio of 171.94, a price-to-earnings-growth ratio of 5.04 and a beta of 0.99. ServiceNow has a fifty-two week low of $548.44 and a fifty-two week excessive of $979.78.
ServiceNow (NYSE:NOW – Get Free Report) final issued its quarterly earnings knowledge on Wednesday, October twenty third. The data know-how providers supplier reported $3.72 earnings per share for the quarter, topping the consensus estimate of $3.46 by $0.26. The enterprise had income of $2.80 billion throughout the quarter, in comparison with the consensus estimate of $2.75 billion. ServiceNow had a internet margin of 11.51% and a return on fairness of 14.52%. The corporate’s income was up 22.2% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the earlier 12 months, the agency earned $1.21 EPS. As a gaggle, equities analysis analysts forecast that ServiceNow will put up 7.41 EPS for the present fiscal 12 months.
Insider Shopping for and Promoting
In different ServiceNow information, Director Paul Edward Chamberlain bought 135 shares of the corporate’s inventory in a transaction on Wednesday, August 14th. The inventory was bought at a median worth of $822.00, for a complete worth of $110,970.00. Following the sale, the director now owns 10,767 shares of the corporate’s inventory, valued at roughly $8,850,474. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is accessible by means of the SEC web site. In associated information, Basic Counsel Russell S. Elmer bought 1,937 shares of the corporate’s inventory in a transaction that occurred on Friday, August 2nd. The inventory was bought at a median worth of $779.81, for a complete worth of $1,510,491.97. Following the sale, the final counsel now owns 6,736 shares of the corporate’s inventory, valued at roughly $5,252,800.16. This represents a 0.00 % lower of their place. The transaction was disclosed in a submitting with the Securities & Trade Fee, which will be accessed by means of this hyperlink. Additionally, Director Paul Edward Chamberlain bought 135 shares of the agency’s inventory in a transaction on Wednesday, August 14th. The inventory was bought at a median worth of $822.00, for a complete worth of $110,970.00. Following the transaction, the director now straight owns 10,767 shares of the corporate’s inventory, valued at $8,850,474. The commerce was a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. During the last ninety days, insiders bought 5,467 shares of firm inventory valued at $4,450,447. 0.25% of the inventory is owned by insiders.
Institutional Buying and selling of ServiceNow
Massive buyers have just lately made adjustments to their positions within the inventory. Thrive Wealth Administration LLC lifted its holdings in ServiceNow by 7.7% within the 1st quarter. Thrive Wealth Administration LLC now owns 390 shares of the knowledge know-how providers supplier’s inventory valued at $297,000 after buying a further 28 shares within the final quarter. 180 Wealth Advisors LLC raised its place in shares of ServiceNow by 15.4% within the first quarter. 180 Wealth Advisors LLC now owns 1,226 shares of the knowledge know-how providers supplier’s inventory valued at $935,000 after shopping for a further 164 shares over the past quarter. Register Monetary Advisors LLC bought a brand new place in shares of ServiceNow throughout the first quarter valued at roughly $138,000. Webster Financial institution N. A. boosted its place in ServiceNow by 16.8% throughout the first quarter. Webster Financial institution N. A. now owns 4,025 shares of the knowledge know-how providers supplier’s inventory value $3,069,000 after buying a further 580 shares over the past quarter. Lastly, Independence Financial institution of Kentucky grew its stake in ServiceNow by 27.2% within the 1st quarter. Independence Financial institution of Kentucky now owns 117 shares of the knowledge know-how providers supplier’s inventory value $89,000 after buying a further 25 shares throughout the interval. Institutional buyers and hedge funds personal 87.18% of the corporate’s inventory.
ServiceNow Firm Profile
ServiceNow, Inc offers finish to-end clever workflow automation platform options for digital companies within the North America, Europe, the Center East and Africa, Asia Pacific, and internationally. The corporate operates the Now platform for end-to-end digital transformation, synthetic intelligence, machine studying, robotic course of automation, course of mining, efficiency analytics, and collaboration and growth instruments.
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