Key Discussions Among ServiceNow Investors Today

By Chris Stiles • Thursday, January 30 10:14 • Permanent Link

Large-cap Technology company ServiceNow has moved -10.9% so far today on a volume of 1,617,803, compared to its average of 1,261,016. In contrast, the S&P 500 index moved 0.0%.

ServiceNow trades -10.59% away from its average analyst target price of $1140.21 per share. The 39 analysts following the stock have set target prices ranging from $716.0 to $1432.0, and on average have given ServiceNow a rating of buy.

Anyone interested in buying NOW should be aware of the facts below:

ServiceNow's current price is 1116.0% above its Graham number of $83.84, which implies that at its current valuation it does not offer a margin of safety
ServiceNow has moved 48.3% over the last year, and the S&P 500 logged a change of 23.1%
Based on its trailing earnings per share of 6.86, ServiceNow has a trailing 12 month Price to Earnings (P/E) ratio of 148.6 while the S&P 500 average is 29.3
NOW has a forward P/E ratio of 61.0 based on its forward 12 month price to earnings (EPS) of $16.7 per share
Its Price to Book (P/B) ratio is 22.64 compared to its sector average of 3.91
ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.
Based in Santa Clara, the company has 22,668 full time employees and a market cap of $210.34 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.