In Good Financial Health? – ServiceNow Inc. (NOW), EZCORP Inc. (EZPW)

You should consider shares of ServiceNow Inc. (NYSE:NOW) and EZCORP Inc. (NASDAQ:EZPW) if you are looking for a great stocks to invest in. Starting with the NOW shares, which traded at $279.01 at the close of the recent session, gaining 0.60%. On Tuesday, the company’s shares shed $1.66 from its value which represented in intraday trading. The stock is now 50.60% higher in year-to-date (YTD) trading. NOW’s intraday high was $280.00 while its lowest price touched $271.06. The stock’s 52-week high price is $303.17, which means the current price is at -7.97%. In terms of trading activity, the daily trading volume rose to 2311735 against 200-day average trading volume of 2,165,777 shares.

What are analyst forecasts for ServiceNow Inc. (NYSE:NOW)?

At a consensus rating of 4.54, NOW is trending as a streaking Strong Buy, as it has been the case a month ago when 25 analysts called it a Strong Buy. Two months ago, 26 analysts recommended, on average, that NOW stock is a Strong Buy. The Technology company’s shares’ overall bullish trend saw it close higher on Tuesday compared to its opening price of $271.79 on the day.

Forecasts for ServiceNow Inc. (NYSE:NOW) give the stock a fair value for the growth of 7.0% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $300.00, which means the price per share could rise by nearly $20.99. The price range target is between a low of $235.00 and a high of $345.00. The stock would need to gain by about $19.13 to hit the estimated high or 0.57% from its 12-month low.

The consensus among 37 analysts is that it is a good time for one to Buy in the ServiceNow Inc. 27 analysts rate NOW as a Buy, with 0 of 37 analysts rate it as a Sell. 2 have valued the stock as Overweight and 8 have recommended that investors Hold.

ServiceNow Inc. (NYSE:NOW) Upgrades and Downgrades

In terms of rating changes, Piper Jaffray on November 08, 2019, Resumed ServiceNow Inc. (NOW) at Overweight. They believe the stock could reach $305 in the near term. Analysts at CFRA have assigned a Buy rating for the stock in their research note on November 04, 2019. Moreover, BMO Capital Markets analysts issued a rating of Outperform for the stock on October 24, 2019, giving it a price target of $300 for the next 12 months. On October 23, 2019, the stock earned a Neutral rating due to an analyst call from Mizuho, while analysts from Morgan Stanley on October 16, 2019 suggested that the stock is Equal-Weight.

EZCORP Inc. (NASDAQ:EZPW) adds $0.09 on Tuesday

The EZPW stock has tanked -32.86% year-to-date and is currently trading at $5.19, which is -53.87% below its 52-week high. The company shares gained 1.76% on the day and have risen nearly 8.81% off a low hit. At current levels, EZCORP Inc. has a valuation of about $839.20M. As of 12/03/19, this stock has fallen -1.52% during the week and closed at $5.10 in the previous session. However, recent EZCORP Inc. stock performance shows that EZPW shares are -2.81% down over the last month, and -33.97% down for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0.16, with the trailing 12-month share earnings at $0.10. The ratio is expected to be up by 11.40% for the current year 2019 and 14.80% for next year. Over the next 5-year period, earnings per share will be 5.00%. But will the EZPW stock surprise in the current quarter results, where the $0.18 actual EPS reported on 6/29/2019 surprised by 5.90% or was higher by $0.01 from the estimated $0.17.

Sales Growth to climb 8.80% for the year

How well will EZCORP Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $205.64M and $227.9M in current quarter sales. The consensus estimated for the current quarter is $214.99M from sales. Forecasts for this fiscal year are between $846.15M and $860.94M and the consensus estimate for sales is at $851.17M.

Who owns shares in EZCORP Inc. (EZPW)?

Let’s briefly focus on the share ownership of the EZCORP Inc. (NASDAQ:EZPW) stock, where we find that 105.62% of shares are held by institutions. Blackrock Inc. tops the list of institutional owners as it is holding 8.45 million shares or 16.10% of shares outstanding. Lafitte Capital Management, LP and Dimensional Fund Advisors LP held 5.4 million and 4.41 million representing 10.29% and 8.40% respectively at the close of the last trading session. As of Sep 29, 2019, Vanguard Group, Inc. (The) accounted for 4.22 million shares at over 27.27 million. This represented 8.05% of shares outstanding. Renaissance Technologies, LLC held 2.33 million shares at over 15.06 million representing 4.45% of shares outstanding.

EZPW Insider Activity

On 2/07/2019, Chief Executive Officer by the name Grimshaw Stuart I sold 25010.0 shares worth $252900.0 at the price of $10.11 per share. Filings also show that Grimshaw Stuart I sold a total of 12240.0 shares on 2/07/2019 valued at $124000.0. Since the last insider activity, the company’s share price has dropped -48.77%.