Are Analysts Too Bullish On Crowdstrike Holdings Inc (CRWD)

Crowdstrike Holdings Inc (NASDAQ:CRWD) currently has a daily average trading volume of 3.93M but it saw 2007993 shares traded in last market. With a market cap of 77.41B USD, the company’s current market price of $320.04 came rising about 0.15 while comparing to the previous closing price of $319.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $365.00 and as low as $115.67.

Taking a look at 20-day trading activity of Crowdstrike Holdings Inc (CRWD) gives us an average price of $324.39, while its current price level is -12.32% below from 52-week high level whereas it is 176.68% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $316.64 while that of 200 days or SMA-200 reads an average of $220.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.17% during that period while stretching the period over a month that increases to 4.03%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.81 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which initiated the stock as “Outperform” in its note to investors issued on January 30, 2024, recommending a price target of $330 for it. Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $203 and $304.

Over the week, CRWD’s stock price is moving -3.02% down while it is 1.99% when we observe its performance for the past one month. Year-to-date it is 25.35% up and over the past year, the stock is showing an upside performance of 133.16%.

The latest quarterly earnings report issued by the company was for quarter ended 1/30/2024, when its quarterly earnings per share (EPS) of $0.95 beat the consensus estimate of $0.82 for the same. For CRWD, analysts are forecasting an EPS-growth rate of 26.50% for current year and estimate for EPS growth in next year is 25.10%. In next quarter, company is expected to be making quarterly sales of $954.25 million as analysts are expecting the sales for current fiscal year at $3.97 billion and seeing the company making $5.03 billion in sales next year. Moreover, analysts are in estimates of $904.66 million for current-quarter revenue.

Currently, Crowdstrike Holdings Inc’s total number of outstanding shares is 229.38M with 1.75% of that held by the insiders while 76.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.90% and return on equity (ROE) at 4.74%. It has a price to earnings ratio (P/E ratio) of 881.65 while having a 65.67 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 33.60 while price to sale or P/S ratio amounts to 25.33. Its return on asset (ROA) is 1.53% on average.