ServiceNow Company Profile (NYSE:NOW)

ServiceNow trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOW."

ServiceNow, Inc. (NYSE:NOW) issued its quarterly earnings results on Wednesday, October, 26th. The company reported $0.23 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.02. The firm earned $357.66 million during the quarter, compared to the consensus estimate of $352.16 million. ServiceNow had a negative return on equity of 31.34% and a negative net margin of 10.60%. The company's revenue for the quarter was up 37.0% on a year-over-year basis. During the same period last year, the company earned $0.16 earnings per share. View ServiceNow's Earnings History.

28 equities research analysts have issued twelve-month price objectives for ServiceNow's stock. Their predictions range from $80.00 to $141.00. On average, they anticipate ServiceNow's share price to reach $108.65 in the next year. View Analyst Ratings for ServiceNow.

Here are some recent quotes from research analysts about ServiceNow stock:

• 1. According to Zacks Investment Research, "ServiceNow is rapidly penetrating the non-ITSM markets like customer service, human resource and security. The company is benefiting from growing adoption of its platform and tools in the Global 2000 (G2K) companies, as defined by Forbes. We believe that the company’s expanding product portfolio, increasing multi-product customer base and strong renewal rate will help the company easily achieve its long-term revenue growth target of $4 billion. ServiceNow has outperformed the Zacks categorised IT services industry on a year-to-date basis. Estimates have been stable lately ahead of the company's Q2 earnings release. The company has a negative record of earnings surprises in recent quarters. However, stiff competition in the non-ITSM market and modest growth at professional business service segment are major concerns. Moreover, the company is yet to report profit, which doesn’t augur well for investor confidence." (7/11/2017)
• 2. Barclays PLC analysts commented, "ServiceNow delivered strong Q4 results, with all metrics performing above consensus. Billings was the main highlight with growth of 46% y/y, beating street estimates by 12%. We also saw better revenue growth, profitability, and cash flow this quarter, reaffirming our view on the overall growth story. Management also guided for healthy revenue and billings in FY17, even with embedded FX headwinds. We maintain our Overweight rating and raise our price target to $102." (1/26/2017)
• 3. Pacific Crest analysts commented, "We are raising our price target to $80 or 7.5x EV-to-2017 revenue estimates and remain buyers." (7/28/2016)

Some companies that are related to ServiceNow include Intuit (INTU), Trimble Navigation (TRMB), CDK Global (CDK), Open Text Corporation (OTEX), The Sage Group plc (SGE), Guidewire Software (GWRE), Tableau Software (DATA), Pegasystems (PEGA), Fair Isaac Corporation (FICO), SolarWinds (SWI), Paycom Software (PAYC), Ellie Mae (ELLI), RealPage (RP), HubSpot (HUBS), Ringcentral (RNG), MicroStrategy Incorporated (MSTR), The Descartes Systems Group (DSGX) and Ebix (EBIX).

ServiceNow's management team includes the folowing people:

• Frank Slootman, Chairman of the Board
• John Joseph Donahoe II, President, Chief Executive Officer, Director
• Michael P. Scarpelli, Chief Financial Officer
• Chirantan Desai, Chief Product Officer
• David L. Schneider, Chief Revenue Officer
• Charles H. Giancarlo, Lead Independent Director
• Frederic B. Luddy, Director
• Susan L. Bostrom, Independent Director
• Jonathan C. Chadwick, Independent Director
• Paul E. Chamberlain, Independent Director

ServiceNow's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Manning & Napier Advisors LLC (1.96%), Strs Ohio (0.43%), Russell Investments Group Ltd. (0.32%), Sumitomo Mitsui Asset Management Company LTD (0.26%), US Bancorp DE (0.15%) and National Pension Service (0.10%). Company insiders that own ServiceNow stock include Daniel Mcgee, David Schneider, Frank Slootman, Frederic B Luddy, John J Donahoe, Michael Scarpelli, Paul V Barber, Ronald E F Codd, Susan L Bostrom and William L Strauss. View Institutional Ownership Trends for ServiceNow.

ServiceNow's stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Russell Investments Group Ltd., Bank of Montreal Can, Strs Ohio, APG Asset Management N.V., Inverness Counsel LLC NY, Gateway Investment Advisers LLC and Sheets Smith Wealth Management. Company insiders that have sold ServiceNow stock in the last year include Daniel Mcgee, David Schneider, Frank Slootman, Frederic B Luddy and William L Strauss. View Insider Buying and Selling for ServiceNow.

ServiceNow's stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, US Bancorp DE, Mathes Company Inc., Mn Services Vermogensbeheer B.V., National Pension Service, First Quadrant L P CA, Capital One National Association and Verde Servicos Internacionais S.A.. View Insider Buying and Selling for ServiceNow.

Shares of ServiceNow can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ServiceNow stock can currently be purchased for approximately $107.78.