Looking To Buy CrowdStrike Holdings Inc. (CRWD)? Read This First

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CrowdStrike Holdings Inc. (NASDAQ:CRWD) saw a downside of -1.11% to $105.12 after subtracting -$1.18 on Tuesday. The 5-day average trading volume is 3,988,195 shares of the company’s common stock. It has gained $109.01 in the past week and touched a new high 2 times within the past 5 days. An average of 4,725,319 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,409,952.

CRWD’s 1-month performance is -3.21% or $3.27 on its low of $92.25 reached on 01/10/23. The company’s shares have touched a 52-week low of $92.25 and high of $242.00, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, CRWD has achieved 0.96% or -$0.03 and has reached a new high 2 times. However, the current price is down -56.56% from the 52-week high price.


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Insider Transactions

CRWD stock investors last saw insider trading activity on Jan 05.Watzinger Gerhard (Director) most recently sold 50,000 shares at $101.08 per share on Dec 27. This transaction cost the insider $5,053,890. PRESIDENT AND CEO, Kurtz George, sold 51,010 shares at a price of $107.36 on Dec 21. Then, on Dec 21, CHIEF FINANCIAL OFFICER Podbere Burt W. sold 10,073 shares at a price of $107.34 per share. This transaction amounted to $1,081,193.

Valuation Metrics

CRWD stock has a beta of 1.08. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 11.82 while the price-to-book (PB) in the most recent quarter is 18.91, with the price to cash flow ratio at 38.73.

CrowdStrike Holdings Inc.’s quick ratio for the period ended October 30 was 1.80, with the current ratio over the same period at 1.80. As well, the company’s long term debt to equity for the quarter ending October 30 was 0.56, while the total debt to equity was 0.56. In terms of profitability, the gross margin trailing 12 months is 73.50%. The firm’s gross profit as reported stood at $1.07 billion against revenue of $1.45 billion.

Earnings Surprise

For the quarterly period ending October 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -4.29% to -$54.96 million, while revenue of -$49.29 million was 10.32% off the previous quarter. Analysts expected CRWD to announce $0.31 per share in earnings in its latest quarter, but it posted $0.4, representing a 29.00% surprise. EBITDA for the quarter stood at more than $11.2 million. CRWD stock balance sheet for the quarter ending October 30 shows that total liabilities totaled 3.13 billion, with total debt at $769.04 million. Shareholders hold equity totaling $234.39 million.

Let’s look briefly at CrowdStrike Holdings Inc. (CRWD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 56.03% to suggest the stock is trending Neutral, with historical volatility in this time period at 37.02%.

The stock’s 5-day moving average is $103.16, reflecting a +0.79% or $0.83 change from its current price. CRWD is currently trading +1.24% above its 20-day SMA, -45.54% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -13.98% and SMA200 by-50.17%.

Stochastic %K and %D was 77.72% and 67.25% and the average true range (ATR) pointed at 4.84. The RSI (14) points at 48.94%, while the 14-day stochastic is at 77.63% with the period’s ATR at 5.10. The stock’s 9-day MACD Oscillator is pointing at 3.35 and 4.92 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for CrowdStrike Holdings Inc. (NASDAQ: CRWD), JP Morgan launched coverage with an Overweight rating. Analysts offering their rating for CRWD stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate CRWD as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 5 rates the stock as overweight while 33 have offered a “buy” rating.

What is CRWD’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $110.00 and a high of $235.00, with their median price target at $157.50. Looking at these predictions, the average price target given by analysts is for CrowdStrike Holdings Inc. (CRWD) stock is $158.79.

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