$-0.06 EPS Expected for ServiceNow, Inc. (NOW)

December 29, 2017 – By Linda Rogers

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.15, from 1.23 in 2017Q2. It improved, as 23 investors sold ServiceNow, Inc. shares while 115 reduced holdings. 61 funds opened positions while 130 raised stakes. 170.65 million shares or 1.96% more from 167.38 million shares in 2017Q2 were reported.
Pier Cap Ltd holds 5,645 shares. Axa owns 168,609 shares or 0.09% of their US portfolio. California State Teachers Retirement Systems accumulated 279,704 shares. 15,344 are held by Westover Cap Advisors Ltd. Bancorp Of Montreal Can holds 0.01% in ServiceNow, Inc. (NYSE:NOW) or 123,712 shares. Columbus Circle Invsts reported 1.64% of its portfolio in ServiceNow, Inc. (NYSE:NOW). California-based Franklin Resource has invested 0.22% in ServiceNow, Inc. (NYSE:NOW). Praesidium Inv Management Ltd owns 3.62% invested in ServiceNow, Inc. (NYSE:NOW) for 377,296 shares. Asset One Company holds 0.08% of its portfolio in ServiceNow, Inc. (NYSE:NOW) for 287,333 shares. Natixis Asset has invested 0.17% in ServiceNow, Inc. (NYSE:NOW). Teachers Retirement Of The State Of Kentucky reported 0.04% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Vigilant Capital Management Lc owns 274 shares or 0% of their US portfolio. Assetmark Incorporated holds 0% in ServiceNow, Inc. (NYSE:NOW) or 40 shares. Hsbc Public Ltd Co invested 0.01% of its portfolio in ServiceNow, Inc. (NYSE:NOW). 1.09 million are held by Jennison Ltd.

Since August 1, 2017, it had 0 insider purchases, and 9 insider sales for $117.84 million activity. LUDDY FREDERIC B sold $11.02 million worth of stock or 100,000 shares. 75,000 ServiceNow, Inc. (NYSE:NOW) shares with value of $8.08 million were sold by Scarpelli Michael. On Friday, August 11 Schneider David sold $1.75 million worth of ServiceNow, Inc. (NYSE:NOW) or 16,349 shares.

Analysts expect ServiceNow, Inc. (NYSE:NOW) to report $-0.06 EPS on January, 24.They anticipate $0.09 EPS change or 60.00 % from last quarter’s $-0.15 EPS. After having $-0.06 EPS previously, ServiceNow, Inc.’s analysts see 0.00 % EPS growth. The stock decreased 0.23% or $0.3 during the last trading session, reaching $130.39. About 676,041 shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 42.37% since December 30, 2016 and is uptrending. It has outperformed by 25.67% the S&P500.

ServiceNow, Inc. (NYSE:NOW) Ratings Coverage

Among 40 analysts covering ServiceNow Inc (NYSE:NOW), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. ServiceNow Inc had 94 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Thursday, July 27 report. On Thursday, January 28 the stock rating was downgraded by Mizuho to “Neutral”. Cowen & Co initiated ServiceNow, Inc. (NYSE:NOW) on Friday, June 24 with “Outperform” rating. JMP Securities maintained it with “Market Outperform” rating and $140 target in Thursday, October 26 report. Mizuho maintained the stock with “Buy” rating in Thursday, January 26 report. The firm has “Overweight” rating given on Thursday, October 26 by Barclays Capital. Northland Capital maintained ServiceNow, Inc. (NYSE:NOW) on Monday, July 24 with “Buy” rating. The firm has “Buy” rating by UBS given on Thursday, July 30. BMO Capital Markets maintained the shares of NOW in report on Thursday, January 26 with “Outperform” rating. On Friday, June 23 the stock rating was initiated by JP Morgan with “Overweight”.

ServiceNow, Inc. provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide. The company has market cap of $22.52 billion. The firm offers service management solutions for customer support, human resources, security operations, and other enterprise departments. It currently has negative earnings. It operates ServiceNow platform that provides workflow, configuration management database, service catalog, service portal, knowledge management, reporting and analytics, data benchmarking, visual task boards, built-in and optional encryption capabilities, and collaboration and developer tools.