The stock of CrowdStrike Holdings Inc. (NASDAQ:CRWD) decreased by -$1.92 on Tuesday to $150.45, down -1.26 percent. The last five days have seen an average of 1,980,106 shares of common stock traded. 29 times new highs were reached in the current year, with a gain of $44.66. The average number of shares traded over the last 20 days was 3,200,382, while the average volume over the last 50 days totaled 3,336,875.
CRWD stock dropped -1.49% since last month. On 08/08/23, the company’s shares reached a one-month low of $142.89. The stock touched a high of $203.67 on 08/01/23, after rallying from a low of $92.25 in 52 weeks. The price of CRWD stock has risen by 42.89% or $44.66 this year, reaching a new high 29 times. Still, the stock price is down -26.13% from the 52-week high.
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Insider Transactions
CRWD stock investors should be aware that CrowdStrike Holdings Inc. (CRWD) stock had its last reported insider trading activity 29 days ago on Jul 17. On Jul 17, Director AUSTIN ROXANNE S sold 20,000 shares at $154.32 each. This transaction resulted in the insider making $3,086,406. On Jul 14, AUSTIN ROXANNE S sold 5,000 shares at a price of US$150.47. After the transaction, the insider now owns 57,656 shares. PRESIDENT AND CEO Kurtz George had earlier sold 178,000 shares on Jul 13 for $151.04 a share. The transaction was completed for $26,884,862.
Valuation Metrics
Beta for the stock is 0.97. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 14.55, the price-to-book (PB) ratio of 22.16, and the price-to-cash flow ratio of 47.74.
Financial Health
For the three months ended April 29, CrowdStrike Holdings Inc.’s quick ratio was 1.80, while its current ratio was 1.80, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending April 29 is 0.46, and the total debt to equity ratio is 0.46. As far as profitability goes, gross margin for the trailing twelve months is 73.70% percent. CrowdStrike Holdings Inc.’s EBITDA margin for the year ended April 29 was -3.76%, whereas its operating margin stood at -7.60% for the same period. Based on annual data, it had gross profit of $1.64 billion and revenue of $2.24 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CRWD’s return on assets (ROA) during the last 12 months has been -3.20%. There was a -9.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -10.80%.
Earnings Surprise
According to CrowdStrike Holdings Inc.’s quarterly financial report for the quarter that ended April 29, it had $741.38 million in total debt versus $100.0 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $692.58 million, while revenues rose by 110.94% to $745.15 million. It was predicted that CrowdStrike Holdings Inc.’s quarterly earnings would be $0.57, but it ended up being $0.51, beating the consensus by 11.80%. EBITDA was $66.45 million for the quarter. At the end of CrowdStrike Holdings Inc.’s most recent quarter ended April 29, its liabilities totaled 3.5 billion, while its total debt was $794.37 million. Equity owned by shareholders amounts to $237.11 million.
Technical Picture
Here’s a quick look at CrowdStrike Holdings Inc.’s (CRWD) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 47.71%, suggesting the stock is Neutral, with a 36.58% historical volatility rate.
The stochastic %K and %D were 30.24% and 25.13% respectively, while the average true range (ATR) was 5.59. Based on the 14-day stochastic reading of 29.27%, the RSI (14) reading is 48.82%. On the 9-day MACD Oscillator, the stock is at 0.32, and the 14-day reading is at -2.65.
Analyst Ratings
In its analyst report released on June 14, 2023, KeyBanc Capital Markets began covering CrowdStrike Holdings Inc. (NASDAQ: CRWD). The stock was rated as an Overweight by the brokerage firm. Analysts have assigned CrowdStrike Holdings Inc. (CRWD) an Buy rating. CRWD is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 4 rates it overweight and 35 others recommend it as a buy.
What is CRWD’s price target for the next 12 months?
The current consensus forecast for the stock is between $128.00 and $235.00, with a median target price of $175.00. In analyzing these forecasts, the average price target given by analysts for CrowdStrike Holdings Inc. (CRWD) is $177.53.
