Stocks of ServiceNow Inc (NYSE:NOW) traded higher last session on Wall Street, up 1.59% to $1105.56.
NOW stock price is now 7.61% away from the 50-day moving average and 30.57% away from the 200-day moving average. The market capitalization of the company currently stands at $228.86B.
With the price target of $1200, Raymond James recently initiated with Outperform rating for ServiceNow Inc (NYSE: NOW). , while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, Chamberlain Paul Edward, Director sold 300 shares of the company’s stock on Nov 29 ’24. The stock was sold for $314,385 at an average price of $1047.95. Upon completion of the transaction, the Director now directly owns 10,467 shares in the company, valued at $11.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 29 ’24, Director PAUL EDWARD CHAMBERLAIN bought 600 shares of the business’s stock. A total of $624,840 was incurred on buying the stock at an average price of $1041.40. A total of 0.45% of the company’s stock is owned by insiders.
During the past 12 months, ServiceNow Inc has had a low of $637.99 and a high of $1157.90. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 1.06, and a quick ratio of 1.06. According to the stock market information, the enterprise value for the company is $222093426688, which is based on a 172.82 price-to-earnings ratio, a 5.76 price-to-earnings-growth ratio, and a beta of 0.99. The fifty day moving average price for NOW is $1024.089 and a two-hundred day moving average price translates $844.95184 for the stock.
The latest earnings results from ServiceNow Inc (NYSE: NOW) was released for 2024-09-30. The net profit margin was 12.77% and return on equity was 16.22% for NOW. The company reported revenue of $2.8 billion for the quarter, compared to $2.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.25 percent.
