The stock of Crowdstrike Holdings Inc (NASDAQ:CRWD) last traded at $204.27, down -0.01% from the previous session.
Data from the available sources indicates that Crowdstrike Holdings Inc (NASDAQ:CRWD) is covered by 45 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $250.00 and a low of $167.00, we find $200.00. Given the previous closing price of $204.29, this indicates a potential downside of -2.1 percent. CRWD stock price is now 15.21% away from the 50-day moving average and 37.88% away from the 200-day moving average. The market capitalization of the company currently stands at $48.78B.
In total, 5 analysts have assigned it a hold rating, and 36 have given it a buy rating. Brokers who have rated the stock have averaged $200.62 as their price target over the next twelve months.
With the price target enhanced from $153 to $225, Stifel Upgraded its rating from Hold to Buy for Crowdstrike Holdings Inc (NASDAQ: CRWD).
In other news, SULLIVAN GODFREY, Director sold 150,000 shares of the company’s stock on Nov 13. The stock was sold for $30,008,430 at an average price of $200.06. Upon completion of the transaction, the Director now directly owns 55,000 shares in the company, valued at $11.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 13, CHIEF FINANCIAL OFFICER Podbere Burt W. sold 30,500 shares of the business’s stock. A total of $6,100,037 was realized by selling the stock at an average price of $200.00. This leaves the insider owning 336,881 shares of the company worth $68.81 million. Insiders disposed of 3,725,490 shares of company stock worth roughly $761.01 million over the past 1 year. A total of 8.53% of the company’s stock is owned by insiders.
During the past 12 months, Crowdstrike Holdings Inc has had a low of $92.25 and a high of $210.09. As of last week, the company has a debt-to-equity ratio of 0.43, a current ratio of 1.73, and a quick ratio of 1.73. The fifty day moving average price for CRWD is $177.31 and a two-hundred day moving average price translates $148.15 for the stock.
The latest earnings results from Crowdstrike Holdings Inc (NASDAQ: CRWD) was released for Jul, 2023. According to the Software – Infrastructure Company, earnings per share came in at $0.74, beating analysts’ expectations of $0.56 by 0.18. This compares to -$0.21 EPS in the same period last year. The net profit margin was -3.54% and return on equity was -6.10% for CRWD. The company reported revenue of $731.63 million for the quarter, compared to $535.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.71 percent. For the current quarter, analysts expect CRWD to generate $777.13M in revenue.
Crowdstrike Holdings Inc(CRWD) Company Profile
CrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners. It serves customers worldwide. The company was incorporated in 2011 and is headquartered in Austin, Texas.