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

December 26, 2017 – By Vivian Park

 $ 0.06 EPS Expected for ServiceNow, Inc. (NOW)
Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.15, from 1.23 in 2017Q2. It increased, 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.
Utah Retirement System holds 30,700 shares. Shearlink Cap Limited Com, a New York-based fund reported 145,690 shares. Guggenheim Cap Limited Liability Company has invested 0% in ServiceNow, Inc. (NYSE:NOW). State Board Of Administration Of Florida Retirement Systems holds 0.08% or 246,797 shares in its portfolio. Inverness Counsel Llc accumulated 108,630 shares or 0.9% of the stock. Swiss National Bank & Trust accumulated 626,200 shares or 0.08% of the stock. Gateway Investment Advisers Ltd Liability Corporation has invested 0.05% in ServiceNow, Inc. (NYSE:NOW). 578,224 were accumulated by Millennium Mgmt Ltd Liability. Company Of Vermont holds 0% in ServiceNow, Inc. (NYSE:NOW) or 200 shares. The Maryland-based Profund Advisors Ltd Co has invested 0.02% in ServiceNow, Inc. (NYSE:NOW). Moreover, Employees Retirement Association Of Colorado has 0.03% invested in ServiceNow, Inc. (NYSE:NOW). Citigroup Inc invested in 431,160 shares. 17,942 were reported by Dnb Asset As. Smithfield reported 140 shares or 0% of all its holdings. Commonwealth Bank & Trust Of Aus, Australia-based fund reported 577 shares.

Since August 1, 2017, it had 0 buys, and 9 insider sales for $117.84 million activity. 252,211 shares valued at $27.54 million were sold by Slootman Frank on Tuesday, August 1. 75,000 ServiceNow, Inc. (NYSE:NOW) shares with value of $8.08M were sold by Scarpelli Michael. Schneider David also sold $1.75 million worth of ServiceNow, Inc. (NYSE:NOW) on Friday, August 11.

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 increased 0.17% or $0.22 during the last trading session, reaching $129.19. About 1.13 million shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 42.37% since December 26, 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. M Partners maintained the stock with “Neutral” rating in Monday, April 24 report. On Tuesday, September 20 the stock rating was initiated by BMO Capital Markets with “Market Perform”. As per Thursday, July 27, the company rating was maintained by Barclays Capital. The firm has “Buy” rating given on Monday, July 24 by Northland Capital. The firm earned “Outperform” rating on Thursday, October 26 by Credit Suisse. The rating was maintained by Piper Jaffray with “Hold” on Thursday, July 27. The rating was maintained by Bank of America with “Buy” on Wednesday, October 25. The stock has “Market Perform” rating by Wells Fargo on Wednesday, January 11. The rating was initiated by Cowen & Co with “Outperform” on Friday, June 24. The firm has “Buy” rating given on Wednesday, September 6 by Moffett Nathanson.

ServiceNow, Inc. provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide. The company has market cap of $22.31 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.

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