EPS for ServiceNow Inc (NOW) Expected At $-0.18

July 18, 2017 - By Peter Erickson

 EPS for ServiceNow Inc (NOW) Expected At $ 0.18
Investors sentiment decreased to 0.94 in Q4 2016. Its down 0.23, from 1.17 in 2016Q3. It dropped, as 41 investors sold ServiceNow Inc shares while 113 reduced holdings. 53 funds opened positions while 92 raised stakes. 158.52 million shares or 2.18% less from 162.05 million shares in 2016Q3 were reported.
American Century Cos Inc stated it has 789,439 shares. Waddell Reed Fincl owns 1.58M shares or 0.26% of their US portfolio. M&T Bancorp Corporation holds 0.01% or 11,647 shares. Commerzbank Aktiengesellschaft Fi has 7,368 shares for 0.01% of their portfolio. Cornerstone Advsr has invested 0.04% in ServiceNow Inc (NYSE:NOW). Sumitomo Mitsui Holdings accumulated 436,407 shares. Td Asset Management invested 0.04% in ServiceNow Inc (NYSE:NOW). Capstone Asset Company holds 0.01% in ServiceNow Inc (NYSE:NOW) or 3,252 shares. Dekabank Deutsche Girozentrale reported 0.01% of its portfolio in ServiceNow Inc (NYSE:NOW). Utah Retirement invested in 0.05% or 28,800 shares. Kbc Grp Incorporated Nv holds 0.17% or 226,279 shares. Arrowstreet Limited Partnership stated it has 127,397 shares. Sumitomo Mitsui Asset Mngmt Co holds 0.97% of its portfolio in ServiceNow Inc (NYSE:NOW) for 678,767 shares. Cullen Frost Bankers owns 3,175 shares or 0.01% of their US portfolio. Calvert Mgmt Incorporated holds 8,075 shares.

Since January 26, 2017, it had 1 buying transaction, and 16 sales for $133.48 million activity. 14,952 ServiceNow Inc (NYSE:NOW) shares with value of $1.30 million were sold by Schneider David. Slootman Frank also sold $12.98 million worth of ServiceNow Inc (NYSE:NOW) on Monday, April 3. The insider LUDDY FREDERIC B sold 102,000 shares worth $8.66M. STRAUSS WILLIAM L sold $2.31 million worth of stock or 25,000 shares. The insider Donahoe John J bought $1.10 million. Sands Anita M also sold $192,095 worth of ServiceNow Inc (NYSE:NOW) on Wednesday, February 1.

Wall Street await ServiceNow Inc (NYSE:NOW) to release earnings on July, 26. Analysts forecast earnings per share of $-0.18, up exactly $0.07 or 28.00 % from 2014’s $-0.25 EPS. After posting $-0.18 EPS for the previous quarter, ServiceNow Inc’s analysts now forecast 0.00 % EPS growth. The stock decreased 0.34% or $0.38 during the last trading session, reaching $110. About 1.93 million shares traded. ServiceNow Inc (NYSE:NOW) has risen 42.37% since July 18, 2016 and is uptrending. It has outperformed by 25.67% the S&P500.

ServiceNow Inc (NYSE:NOW) Ratings Coverage

Among 31 analysts covering ServiceNow Inc (NYSE:NOW), 23 have Buy rating, 0 Sell and 8 Hold. Therefore 74% are positive. ServiceNow Inc had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of ServiceNow Inc (NYSE:NOW) has “Neutral” rating given on Monday, April 24 by M Partners. The rating was initiated by KeyBanc Capital Markets with “Sector Weight” on Friday, December 18. The firm earned “Outperform” rating on Thursday, April 27 by BMO Capital Markets. The stock has “Neutral” rating by Piper Jaffray on Friday, December 2. BMO Capital Markets initiated ServiceNow Inc (NYSE:NOW) on Tuesday, September 20 with “Market Perform” rating. The stock has “Outperform” rating by Macquarie Research on Tuesday, April 26. On Thursday, June 1 the stock rating was maintained by Canaccord Genuity with “Buy”. UBS maintained the stock with “Buy” rating in Thursday, July 30 report. Mizuho maintained the shares of NOW in report on Thursday, October 27 with “Buy” rating. The rating was maintained by Goldman Sachs on Thursday, April 21 with “Neutral”.

ServiceNow, Inc. is provider of enterprise cloud computing solutions that define, structure, manage and automate services for global enterprises. The company has market cap of $18.54 billion. The Firm offers a set of cloud services that automate workflow within and between departments in an enterprise. It currently has negative earnings. It provides workflow solutions, and focuses on service management for customer support, human resources, security activities and other enterprise departments.

More news for ServiceNow Inc (NYSE:NOW) were recently published by: Benzinga.com, which released: “Analyst: ServiceNow Shares Make The Perfect Children’s Gift” on June 28, 2017. Gurufocus.com‘s article titled: “Mathes Company, Inc. Buys ServiceNow Inc, Mohawk Industries Inc, SPDR S&P …” and published on July 17, 2017 is yet another important article.

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