CrowdStrike Holdings Inc. (NASDAQ:CRWD) shares traded higher over the last trading session, gaining 4.05% on 02/04/20. The shares fell to a low of $61.15 before closing at $63.56. Intraday shares traded counted 4.62 million, which was 2.14% higher than its 30-day average trading volume of 4.72M. CRWD’s previous close was $61.08 while the outstanding shares total 217.30M. The stock’s Relative Strength Index (RSI) is 64.27, with weekly volatility at 4.47% and ATR at 2.65. The CRWD stock’s 52-week price range has touched low of $44.58 and a $101.88 high.
Investors have identified the tech company CrowdStrike Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $13.81 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
CrowdStrike Holdings Inc. (CRWD) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 1.05 billion million total, with 415.6 million as their total liabilities.
CRWD were able to record -33.01 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 655.2 million. In cash movements, the company had a total of 33.84 million as operating cash flow.
Potential earnings growth for CrowdStrike Holdings Inc. (CRWD)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, CrowdStrike Holdings Inc. recorded a total of 125.12 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 46.95% coming in sequential stages and their sales for the third quarter increasing by 13.6%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 37.35 million trying to sell their products during the last quarter, with the result yielding a gross income of 87.76 million. This allows shareholders to hold on to 217.30M with the revenue now reading -0.17 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.19 cents a share).
Is the stock of CRWD attractive?
In related news, Director, Watzinger Gerhard sold 20,000 shares of the company’s stock in a transaction that recorded on Jan 27. The sale was performed at an average price of 56.41, for a total value of 1,128,200. As the sale deal closes, the PRESIDENT AND CEO, Kurtz George now sold 2,344 shares of the company’s stock, valued at 146,547. Also, CHIEF OPERATING OFFICER, Black Colin sold 25,000 shares of the company’s stock in a deal that was recorded on Jan 14. The shares were price at an average price of 60.00 per share, with a total market value of 1,500,000. Following this completion of acquisition, the PRESIDENT AND CEO, Kurtz George now holds 2,344 shares of the company’s stock, valued at 139,468. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
13 out of 21 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on CrowdStrike Holdings Inc.. 1 analysts has assigned a Sell rating on the CRWD stock. The 12-month mean consensus price target for the company’s shares has been set at $78.00.