Does ServiceNow Inc’s (NYSE:NOW) Current Price Make It Worth Investing In?

During the recent session, ServiceNow Inc (NYSE:NOW)’s traded shares were 1.76 million, with the beta value of the company hitting 0.96. At the last check today, the stock’s price was $704.35, reflecting an intraday loss of -5.62% or -$41.94. The 52-week high for the NOW share is $815.32, that puts it down -15.75 from that peak though still a striking 39.28% gain since the share price plummeted to a 52-week low of $427.68. The company’s market capitalization is $144.39B, and the average trade volume was 1.19 million shares over the past three months.

ServiceNow Inc (NYSE:NOW) trade information

ServiceNow Inc (NOW) registered a -5.62% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.62% in intraday trading to $704.35, hitting a weekly high. The stock’s 5-day price performance is -3.69%, and it has moved by -9.53% in 30 days. Based on these gigs, the overall price performance for the year is 59.25%.

ServiceNow Inc (NOW) estimates and forecasts

Statistics show that ServiceNow Inc has outperformed its competitors in share price, compared to the industry in which it operates. ServiceNow Inc (NOW) shares have gone up 27.05% during the last six months, with a year-to-date growth rate more than the industry average at 23.10% against 11.40. In the rating firms’ projections, revenue will increase 21.30% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.61B as predicted by 30 analyst(s). Meanwhile, a consensus of 30 analyst(s) estimates revenue growth to 2.75B by the end of current fiscal year.

While earnings are projected to return 24.43% in 2024, the next five years will return 22.84% per annum.

NOW Dividends

ServiceNow Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

ServiceNow Inc (NYSE:NOW)’s Major holders