ServiceNow, Inc. which can be found using ticker (NOW) now have 36 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 640 and 410 suggesting an average Analsyt target price of $526.06. Now with the previous closing price of $471.43 this now indicates there is a potential upside of 11.6%. It’s also worth noting that there is a 50 day moving average of $448.49 while the 200 day moving average is $428.20. The company has a market capitalization of $98,150m. Visit the company website at: https://www.servicenow.com
The potential market cap would be $109,524m based on the market consensus.
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. It also provides information technology (IT) service management applications; IT service management product suite for enterprise’s employees, customers, and partners; strategic portfolio management product suite; IT operations management product that connects a customer’s physical and cloud-based IT infrastructure; IT asset management; and security operations that connects with internal and third party. In addition, the company offers integrated risk management product to manage risk and resilience; environmental, social and governance management product; human resources, legal, and workplace service delivery products; safe workplace suite products; customer service management product; and field service management applications. Further, it provides App Engine product; Automation Engine enables application to extend workflows; platform privacy and security product; procurement operations management suite; and professional and customer support services. The company serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes that are suitable for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 302.19, revenue per share of 35.97 and a 1.84% return on assets.
