Servicenow Stock Performance
| NOW Stock | USD 740.95 19.00 2.63% |
The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. ServiceNow returns are very sensitive to returns on the market. As the market goes up or down, ServiceNow is expected to follow. ServiceNow has an expected return of -0.0381%. Please make sure to validate ServiceNow treynor ratio and daily balance of power , to decide if ServiceNow performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days ServiceNow has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, ServiceNow is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Actual Historical Performance (%)
One Day Return 2.55 | Five Day Return 0.47 | Year To Date Return 7.69 | Ten Year Return 1.3 K | All Time Return 2.9 K |
1 | Chirantan CJ DesaiMSCI Inc. | 03/11/2024 |
2 | ServiceNow Enhances GenAI With NVIDIA Partnership | 03/19/2024 |
3 | 3 Tech Stocks That Could Be Multibaggers in the Making March Edition | 03/27/2024 |
4 | A Closer Look at ServiceNows Options Market Dynamics | 04/08/2024 |
5 | With 90 percent ownership in ServiceNow, Inc. , institutional investors have a lot riding on the business | 04/10/2024 |
6 | When You Look Back in 5 Years, Youll Wish Youd Bought These 2 Artificial Intelligence Stocks | 04/11/2024 |
7 | Disposition of tradable shares by Christopher Bedi of ServiceNow at 765.0 subject to Rule 16b-3 | 04/12/2024 |
8 | ServiceNow shares downgraded to neutral by Guggenheim | 04/15/2024 |
9 | Wells Fargo lifts ServiceNow stock target, maintains Overweight rating | 04/16/2024 |
10 | Disposition of 3707 shares by Russell Elmer of ServiceNow subject to Rule 16b-3 | 04/17/2024 |
11 | Citi lifts ServiceNow stock target, maintains Buy rating | 04/18/2024 |
12 | ServiceNow stock maintains Buy rating from TD Cowen | 04/19/2024 |
13 | The SaaS Surge 3 Unstoppable Stocks to Propel Your Portfolio to New Heights | 04/22/2024 |
| Begin Period Cash Flow | 1.5 B |
ServiceNow |
ServiceNow Relative Risk vs. Return Landscape
If you would invest 76,669 in ServiceNow on January 25, 2024 and sell it today you would lose (2,574) from holding ServiceNow or give up 3.36% of portfolio value over 90 days. ServiceNow is generating negative expected returns assuming volatility of 1.8528% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than ServiceNow, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ServiceNow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ServiceNow's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ServiceNow, and traders can use it to determine the average amount a ServiceNow's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0206
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NOW |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ServiceNow is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ServiceNow by adding ServiceNow to a well-diversified portfolio.
ServiceNow Fundamentals Growth
ServiceNow Stock prices reflect investors' perceptions of the future prospects and financial health of ServiceNow, and ServiceNow fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ServiceNow Stock performance.
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.031 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 145.41 B | ||||
| Shares Outstanding | 205.38 M | ||||
| Price To Earning | 415.52 X | ||||
| Price To Book | 20.70 X | ||||
| Price To Sales | 17.60 X | ||||
| Revenue | 8.97 B | ||||
| Gross Profit | 5.67 B | ||||
| EBITDA | 1.29 B | ||||
| Net Income | 1.73 B | ||||
| Cash And Equivalents | 1.47 B | ||||
| Cash Per Share | 19.55 X | ||||
| Total Debt | 2.28 B | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 1.24 X | ||||
| Book Value Per Share | 37.26 X | ||||
| Cash Flow From Operations | 3.4 B | ||||
| Earnings Per Share | 8.45 X | ||||
| Market Capitalization | 148.28 B | ||||
| Total Asset | 17.39 B | ||||
| Retained Earnings | 2.07 B | ||||
| Working Capital | 412 M | ||||
| Current Asset | 1.09 B | ||||
| Current Liabilities | 731.64 M | ||||
About ServiceNow Performance
To evaluate ServiceNow Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ServiceNow generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ServiceNow Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ServiceNow market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ServiceNow's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 87.59 | 61.00 | |
| Return On Tangible Assets | 0.11 | 0.11 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.1 | 0.10 | |
| Return On Equity | 0.23 | 0.24 |
Things to note about ServiceNow performance evaluation
Checking the ongoing alerts about ServiceNow for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ServiceNow help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ServiceNow generated a negative expected return over the last 90 days | |
| ServiceNow is unlikely to experience financial distress in the next 2 years | |
| ServiceNow has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from investorplace.com: The SaaS Surge 3 Unstoppable Stocks to Propel Your Portfolio to New Heights |
- Analyzing ServiceNow's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ServiceNow's stock is overvalued or undervalued compared to its peers.
- Examining ServiceNow's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ServiceNow's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ServiceNow's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ServiceNow's stock. These opinions can provide insight into ServiceNow's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for ServiceNow Stock analysis
When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is ServiceNow's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ServiceNow. If investors know ServiceNow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ServiceNow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.927 | Earnings Share 8.45 | Revenue Per Share 43.946 | Quarterly Revenue Growth 0.256 | Return On Assets 0.031 |
The market value of ServiceNow is measured differently than its book value, which is the value of ServiceNow that is recorded on the company's balance sheet. Investors also form their own opinion of ServiceNow's value that differs from its market value or its book value, called intrinsic value, which is ServiceNow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ServiceNow's market value can be influenced by many factors that don't directly affect ServiceNow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ServiceNow's value and its price as these two are different measures arrived at by different means. Investors typically determine if ServiceNow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ServiceNow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.