Crowdstrike Holdings Inc (NASDAQ:CRWD) saw a downside of -1.63% to close Monday at $159.92 after subtracting -$2.65 on the day. The 5-day average trading volume is 3,446,740 shares of the company’s common stock. It has gained $171.00 in the past week and touched a new high 3 times within the past 5 days. An average of 4,004,535 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,477,606.
CRWD’s 1-month performance is 9.95% or $10.34 on its low of $141.97 reached on 08/29/23. The company’s shares have touched a 52-week low of $92.25 and high of $181.84, with the stock’s rally to the 52-week high happening on 09/11/23. YTD, CRWD has achieved 51.89% or $54.63 and has reached a new high 32 times. However, the current price is down -12.05% from the 52-week high price.
Insider Transactions
CRWD stock investors last saw insider trading activity on Sep 21.Kurtz George (PRESIDENT AND CEO) most recently sold 56,921 shares at $162.95 per share on Sep 21. This transaction cost the insider $9,275,463. CHIEF FINANCIAL OFFICER, Podbere Burt W., sold 13,419 shares at a price of $168.20 on Sep 21. Then, on Sep 21, PRESIDENT Sentonas Michael sold 10,321 shares at a price of $167.98 per share. This transaction amounted to $1,733,722.
Valuation Metrics
CRWD stock has a beta of 0.95. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 14.45 while the price-to-book (PB) in the most recent quarter is 20.77, with the price to cash flow ratio at 46.98.
Crowdstrike Holdings Inc’s quick ratio for the period ended July 30 was 1.73, with the current ratio over the same period at 1.73. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.42, while the total debt to equity was 0.43. In terms of profitability, the gross margin trailing 12 months is 73.95%. The trailing 12-month EBITDA margin is -3.76% while for the period ending July 30, Crowdstrike Holdings Inc’s operating margin was -5.76%. The firm’s gross profit as reported stood at $1.64 billion against revenue of $2.24 billion.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 681.94% to $8.47 million, while revenue of $0.49 million was 94.21% off the previous quarter. Analysts expected CRWD to announce $0.56 per share in earnings in its latest quarter, but it posted $0.74, representing a 32.10% surprise. EBITDA for the quarter stood at more than $76.06 million. CRWD stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 3.65 billion, with total debt at $790.57 million. Shareholders hold equity totaling $238.79 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 25 September was 42.19% to suggest the stock is trending Neutral, with historical volatility in this time period at 19.22%.
The stock’s 5-day moving average is $162.88, reflecting a -4.22% or -$7.05 change from its current price. CRWD is currently trading +6.91% above its 20-day SMA, +36.99% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +7.04% and SMA200 by+40.49%.
Stochastic %K and %D was 17.68% and 34.11% and the average true range (ATR) pointed at 5.42. The RSI (14) points at 48.61%, while the 14-day stochastic is at 5.00% with the period’s ATR at 5.52. The stock’s 9-day MACD Oscillator is pointing at -3.44 and -4.68 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Crowdstrike Holdings Inc (NASDAQ: CRWD), Goldman reiterated its a Buy rating for the company but lifted their price target by $175 to $195. 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 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 34 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 $153.00 and a high of $250.00, with their median price target at $193.00. Looking at these predictions, the average price target given by analysts is for Crowdstrike Holdings Inc (CRWD) stock is $193.28.
