ServiceNow logged a 0.4% change during today's evening session, and is now trading at a price of $591.38 per share. On average, analysts give it a target price of $595.09.
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The large-cap company is based in the United States.
Make Sure to Consider the Following Before Buying ServiceNow:
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ServiceNow has moved 29.0% over the last year.
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NOW has a forward P/E ratio of 51.9 based on its EPS guidance of 11.39.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 44.4%.
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The company has a price to earnings growth (PEG) ratio of 2.66.
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Its Price to Book (P/B) ratio is 17.44
ServiceNow Has a Pattern of Improving Cash Flows
Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
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2023-01-31 | 2,723,000 | -550,000 | 3,273,000 | 26.37 |
2022-02-03 | 2,191,000 | -399,000 | 2,590,000 | 16.77 |
2021-02-12 | 1,786,000 | -432,000 | 2,218,000 | 40.91 |
2020-02-20 | 1,236,000 | -338,000 | 1,574,000 | 48.5 |
2019-02-27 | 811,089 | -248,862 | 1,059,951 | 32.49 |
2018-02-28 | 642,821 | -157,180 | 800,001 |
ServiceNow's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $1.92 Billion, and following a compounded average growth rate of 0.0%, investors who focus on cash flow growth should do further research on this firm.