William McDermott - ServiceNow President, Chief Executive Officer, Director

NOW Stock  USD 759.00  19.57  2.51%   

CEO

William McDermott is President, Chief Executive Officer, Director of ServiceNow since 2020.
Age 62
Tenure 4 years
Address 2225 Lawson Lane, Santa Clara, CA, United States, 95054
Phone408 501 8550
Webhttps://www.servicenow.com

William McDermott Latest Insider Activity

Tracking and analyzing the buying and selling activities of William McDermott against ServiceNow stock is an integral part of due diligence when investing in ServiceNow. William McDermott insider activity provides valuable insight into whether ServiceNow is net buyers or sellers over its current business cycle. Note, ServiceNow insiders must abide by specific rules, including filing SEC forms every time they buy or sell ServiceNow'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

ServiceNow Management Efficiency

The company has Return on Asset of 0.031 % which means that on every $100 spent on assets, it made $0.031 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2735 %, implying that it generated $0.2735 on every 100 dollars invested. ServiceNow's management efficiency ratios could be used to measure how well ServiceNow manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 0.08 in 2024. Return On Assets is likely to climb to 0.10 in 2024. At this time, ServiceNow's Return On Assets are fairly stable compared to the past year. Asset Turnover is likely to climb to 0.65 in 2024, whereas Intangible Assets are likely to drop slightly above 128 M in 2024.
The company has 2.28 B in debt with debt to equity (D/E) ratio of 0.47, which is OK given its current industry classification. ServiceNow has a current ratio of 1.22, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist ServiceNow until it has trouble settling it off, either with new capital or with free cash flow. So, ServiceNow's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ServiceNow sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ServiceNow to invest in growth at high rates of return. When we think about ServiceNow's use of debt, we should always consider it together with cash and equity.

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ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company was founded in 2004 and is headquartered in Santa Clara, California. Servicenow operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 16881 people. ServiceNow (NOW) is traded on New York Stock Exchange in USA. It is located in 2225 Lawson Lane, Santa Clara, CA, United States, 95054 and employs 22,668 people. ServiceNow is listed under Systems Software category by Fama And French industry classification.

Management Performance

ServiceNow Leadership Team

Elected by the shareholders, the ServiceNow's board of directors comprises two types of representatives: ServiceNow inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ServiceNow. The board's role is to monitor ServiceNow's management team and ensure that shareholders' interests are well served. ServiceNow's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ServiceNow's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey Miller, Lead Independent Director
Chirantan Desai, Chief Product and Engineering Officer
Charles Giancarlo, Director
Tamar Yehoshua, Independent Director
Jonathan Chadwick, Independent Director
Anita Sands, Independent Director
Michael Park, Chief Officer
Russell Elmer, General Counsel, Secretary
Lawrence Jackson, Independent Director
Pat Casey, CTO Ops
Jacqui Canney, Chief People Officer
William McDermott, President, Chief Executive Officer, Director
Michael Scarpelli, CFO
Kevin McBride, Senior Vice President Chief Accounting Officer, Corporate Controller
Christopher Bedi, Chief Officer
Darren Yip, Head Relations
Susan Bostrom, Independent Director
Patricia Wadors, Chief Talent Officer
Frank Slootman, CEO and President and Director
Teresa Briggs, Independent Director
Joseph Quinlan, Independent Director
Lara Caimi, Chief Customer and Partner Officer
William Strauss, Independent Director
Ronald Codd, Independent Director
John Donahoe, President, Chief Executive Officer, Director
Pat Wadors, Chief Talent Officer
Frederic Luddy, Chief Product Officer and Director
Paul Smith, Chief Commercial Officer
Daniel McGee, COO
Paul Chamberlain, Independent Director
Dennis Woodside, Independent Director
Sukumar Rathnam, Independent Director
Gina Mastantuono, Chief Financial Officer
Gabrielle Toledano, Chief Talent Office
Paige Young, Chief Officer
Paul Barber, Independent Chairman of the Board
David Schneider, President, Global Customer Operations
Kevin Haverty, Chief Revenue Officer
Jacqueline Canney, Chief Officer

ServiceNow Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ServiceNow a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

ServiceNow Investors Sentiment

The influence of ServiceNow's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ServiceNow. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ServiceNow's public news can be used to forecast risks associated with an investment in ServiceNow. The trend in average sentiment can be used to explain how an investor holding ServiceNow can time the market purely based on public headlines and social activities around ServiceNow. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ServiceNow's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ServiceNow's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ServiceNow's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ServiceNow.

ServiceNow Implied Volatility

    
  38.02  
ServiceNow's implied volatility exposes the market's sentiment of ServiceNow stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ServiceNow's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ServiceNow stock will not fluctuate a lot when ServiceNow's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ServiceNow in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ServiceNow's short interest history, or implied volatility extrapolated from ServiceNow options trading.

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When determining whether ServiceNow is a strong investment it is important to analyze ServiceNow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ServiceNow's future performance. For an informed investment choice regarding ServiceNow Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for ServiceNow Stock analysis

When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.
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Is ServiceNow's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ServiceNow. If investors know ServiceNow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ServiceNow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.927
Earnings Share
8.41
Revenue Per Share
43.946
Quarterly Revenue Growth
0.256
Return On Assets
0.031
The market value of ServiceNow is measured differently than its book value, which is the value of ServiceNow that is recorded on the company's balance sheet. Investors also form their own opinion of ServiceNow's value that differs from its market value or its book value, called intrinsic value, which is ServiceNow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ServiceNow's market value can be influenced by many factors that don't directly affect ServiceNow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ServiceNow's value and its price as these two are different measures arrived at by different means. Investors typically determine if ServiceNow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ServiceNow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.