ServiceNow, Inc. provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide. The company offers service management solutions for customer service, human resources, security operations, and other enterprise departments. It operates ServiceNow platform that provides workflow automation, electronic service catalogs and portals, configuration management systems, data benchmarking, performance analytics, encryption, and collaboration and development tools. The company also provides information technology (IT) solutions, such as IT service management product suite for enterprise's employees, customers, and partners; IT operations management that connects a customer's physical and cloud-based IT infrastructure with applications and platforms; and IT business management product suite that enables customers to manage their IT priorities. In addition, it offers customer service management product for customer service cases and requests; human resources service delivery product; and security operations product for security operations management requirements of third-party. Further, the company provides professional services, training services and certification programs, and customer support services. It serves enterprises in various industries, including financial services, consumer products, IT services, healthcare, government, education, and technology. The company sells products through its direct sales team, as well as indirectly through third-party channels by partnering with systems integrators, managed services providers, and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. ServiceNow, Inc. was founded in 2004 and is headquartered in Santa Clara, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
SymbolNYSE:NOW
CUSIP81762P10
Phone408-501-8550
Debt
Debt-to-Equity Ratio0.72
Current Ratio1.28
Quick Ratio1.28
Price-To-Earnings
Trailing P/E Ratio-174.03
Forward P/E Ratio1,142.06
P/E Growth44.51
Sales & Book Value
Annual Sales$1.93 billion
Price / Sales16.82
Cash Flow$0.5995 per share
Price / Cash304.80
Book Value$3.38 per share
Price / Book54.06
Profitability
EPS (Most Recent Fiscal Year)($1.05)
Net Income$-149,130,000.00
Net Margins-4.16%
Return on Equity-7.48%
Return on Assets-1.59%
Miscellaneous
Employees6,222
Outstanding Shares177,950,000
Market Cap$33.36 billion
ServiceNow (NYSE:NOW) Frequently Asked Questions
What is ServiceNow's stock symbol?
ServiceNow trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOW."
How were ServiceNow's earnings last quarter?
ServiceNow Inc (NYSE:NOW) announced its quarterly earnings data on Wednesday, July, 25th. The information technology services provider reported $0.49 EPS for the quarter, beating the consensus estimate of $0.43 by $0.06. The information technology services provider earned $631.05 million during the quarter, compared to the consensus estimate of $616.68 million. ServiceNow had a negative net margin of 4.16% and a negative return on equity of 7.48%. The company's revenue was up 40.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.22 earnings per share. View ServiceNow's Earnings History.
When is ServiceNow's next earnings date?
What price target have analysts set for NOW?
30 analysts have issued 1-year target prices for ServiceNow's stock. Their forecasts range from $135.00 to $220.00. On average, they anticipate ServiceNow's share price to reach $196.1154 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for ServiceNow.
What is the consensus analysts' recommendation for ServiceNow?
30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ServiceNow in the last year. There are currently 3 hold ratings, 26 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ServiceNow.
What are Wall Street analysts saying about ServiceNow stock?
Here are some recent quotes from research analysts about ServiceNow stock:
- 1. According to Zacks Investment Research, "ServiceNow delivered stellar second-quarter results. However, the company faces stiff competition from the likes of Oracle and salesforce.com in the non-ITSM market, which is compelling the company to increase spending on sales and marketing, thereby hurting profitability. Also, modest growth in professional business, continuing losses, muted free cash flow growth and stretched valuation are key negatives. Moreover, cut-throat competition can hurt pricing power as well as lengthen the sales cycle, which will negatively impact top-line. ServiceNow has been incurring losses over the last five years and has an accumulated deficit. The company anticipates reporting loss in the near term due to increased costs such as non-cash charges associated with equity awards, business combinations and other expenses. Despite the improving top line, mounting losses doesn’t bode well for investor confidence." (7/30/2018)
- 2. Mizuho analysts commented, "We expect total revenue ~$575mm (up 34% Y/Y) vs. consensus of $572mm (mgmt. stopped guiding to total revenue). Subscription revenue could print ~$530-535mm (up 37-38% Y/Y) vs. consensus of $530mm and guidance of $525-530mm. For profitability, EPS could print ~$0.38-0.39 vs. consensus of $0.37; CFFO expectations of $224mm seem reasonable given the tough compare and billings pull-forward into 4Q17. Conversations suggest ongoing momentum. Subscription billings guidance of $601-605mm (up 25-26% Y/Y) implies sequential subscription DR build of $76mm; mgmt. was likely conservative due to pull-ins and could deliver some upside. Assuming flat PS billings, consensus is largely in-line with guidance; we think results could print ~$610-615mm (up 27-28% Y/Y) as our checks indicate: 1) in-line discounting environment; 2) incremental use of transaction based pricing for more automated operational workloads; 3) competitive environment remains stacked in the company’s favor." (4/20/2018)
- 3. Credit Suisse Group AG analysts commented, "We believe NOW is poised to execute against a massive digital transformation opportunity, with the majority of its $62bn TAM from newer, less penetrated markets. Our analysis suggests that even if NOW penetrates its Emerging Solutions markets less than half as quickly as it penetrated the ITSM market, the company can exceed its $4bn revenue target by 2020. We believe net-new ACV mix shifting towards Emerging Solutions increases the likelihood of achieving sufficient penetration beyond core ITSM. This is further evidenced by a building presence of emerging products within the top 20 deals in a quarter. As the figure below depicts, ITBM, GRC, and Analytics had the strongest y/y growth in presence among the largest deals booked. A lower-sloped trend indicates stronger momentum for a respective product. See our recent earnings note, NOW: 4Q17 – NOW More Than Ever." (2/11/2018)
- 4. Piper Jaffray Companies analysts commented, "Our conversations with partners and customers have made us incrementally more comfortable that this growth trajectory is sustainable, supported by the company's growing success outside of ITSM and increased confidence in John Donahoe's ability to execute this vision as CEO," the firm added.Piper Jaffray sees a premium multiple, supported by a structurally higher margin profile, which it feels will appeal to a larger set of shareholders over time more like Adobe Systems Incorporated (NASDAQ: ADBE) and less like salesforce.com, inc. (NYSE: CRM) and Workday Inc (NASDAQ: WDAY).That said, the firm said it is vital for the company's current margin framework on both operating margins and cash flow to be sustainable over time."So, to reiterate our call, the combination of a favorable near-term setup combined with substantial long-term growth opportunity support our decision to upgrade NOW now," (10/23/2017)
Who are some of ServiceNow's key competitors?
Some companies that are related to ServiceNow include Adobe Systems (ADBE), salesforce.com (CRM), VMware (VMW), Intuit (INTU), Activision Blizzard (ATVI), Electronic Arts (EA), Dassault Systemes (DASTY), Autodesk (ADSK), Square (SQ), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS) and TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO).
Who are ServiceNow's key executives?
ServiceNow's management team includes the folowing people:
- Mr. John J. Donahoe II, Pres, CEO & Director (Age 57)
- Mr. Michael P. Scarpelli, Chief Financial Officer (Age 51)
- Mr. David L. Schneider, Chief Revenue Officer (Age 50)
- Mr. Chirantan Jitendra Desai, Chief Product Officer (Age 47)
- Mr. Chris Bedi, Chief Information Officer
Has ServiceNow been receiving favorable news coverage?
Media stories about NOW stock have trended positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ServiceNow earned a coverage optimism score of 0.26 on Accern's scale. They also assigned news stories about the information technology services provider an impact score of 45.18 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for ServiceNow.
Who are ServiceNow's major shareholders?
ServiceNow's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.48%), Morgan Stanley (3.12%), Janus Henderson Group PLC (0.94%), American Century Companies Inc. (0.88%), OppenheimerFunds Inc. (0.81%) and Federated Investors Inc. PA (0.81%). Company insiders that own ServiceNow stock include Anita M Sands, Chirantan Jitendra Desai, Daniel Mcgee, David Schneider, Frank Slootman, Frederic B Luddy, Jeffrey A Miller, John J Donahoe, Michael Scarpelli, Ronald E F Codd, Susan L Bostrom and William L Strauss. View Institutional Ownership Trends for ServiceNow.
Which institutional investors are selling ServiceNow stock?
NOW stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Renaissance Technologies LLC, Fred Alger Management Inc., BlackRock Inc., Marble Arch Investments LP, Millennium Management LLC, Bank of New York Mellon Corp and Winslow Capital Management LLC. Company insiders that have sold ServiceNow company stock in the last year include Anita M Sands, Chirantan Jitendra Desai, David Schneider, Frank Slootman, Frederic B Luddy, Jeffrey A Miller, Michael Scarpelli, Ronald E F Codd and Susan L Bostrom. View Insider Buying and Selling for ServiceNow.
Which institutional investors are buying ServiceNow stock?
NOW stock was bought by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Janus Henderson Group PLC, PointState Capital LP, Bessemer Group Inc., Frontier Capital Management Co. LLC, Castleark Management LLC, Carillon Tower Advisers Inc. and Soros Fund Management LLC. View Insider Buying and Selling for ServiceNow.
How do I buy shares of ServiceNow?
Shares of NOW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ServiceNow's stock price today?
One share of NOW stock can currently be purchased for approximately $182.73.
How big of a company is ServiceNow?
ServiceNow has a market capitalization of $33.36 billion and generates $1.93 billion in revenue each year. The information technology services provider earns $-149,130,000.00 in net income (profit) each year or ($1.05) on an earnings per share basis. ServiceNow employs 6,222 workers across the globe.
How can I contact ServiceNow?
ServiceNow's mailing address is 2225 LAWSON LANE, SANTA CLARA CA, 95054. The information technology services provider can be reached via phone at 408-501-8550 or via email at [email protected]
MarketBeat Community Rating for ServiceNow (NYSE NOW)
MarketBeat's community ratings are surveys of what our community members think about ServiceNow and other stocks. Vote "Outperform" if you believe NOW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NOW will underperform the S&P 500 over the long term. You may vote once every thirty days.
