Should You Invest in Crowdstrike Holdings Inc (CRWD) Now?

Crowdstrike Holdings Inc (NASDAQ: CRWD) has a higher price-to-earnings ratio of 503.10x compared to its average ratio, The 36-month beta value for CRWD is at 1.08. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for CRWD is 226.11M, and currently, shorts hold a 3.67% of that float. The average trading volume for CRWD on August 19, 2024 was 8.48M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

CRWD) stock’s latest price update

Crowdstrike Holdings Inc (NASDAQ: CRWD)’s stock price has increased by 1.97 compared to its previous closing price of 262.54. However, the company has seen a 11.85% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-08-19 that LOS ANGELES, CA / ACCESSWIRE / August 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against CrowdStrike Holdings, Inc. (“CrowdStrike” or “the Company”) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between November 29, 2023 and July 29, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before September 30, 2024.

CRWD’s Market Performance

CRWD’s stock has risen by 11.85% in the past week, with a monthly drop of -12.22% and a quarterly drop of -22.61%. The volatility ratio for the week is 2.99% while the volatility levels for the last 30 days are 5.44% for Crowdstrike Holdings Inc The simple moving average for the last 20 days is 9.26% for CRWD stock, with a simple moving average of -9.52% for the last 200 days.

Analysts’ Opinion of CRWD

Many brokerage firms have already submitted their reports for CRWD stocks, with Piper Sandler repeating the rating for CRWD by listing it as a “Overweight.” The predicted price for CRWD in the upcoming period, according to Piper Sandler is $290 based on the research report published on August 06, 2024 of the current year 2024.

Evercore ISI, on the other hand, stated in their research note that they expect to see CRWD reach a price target of $325, previously predicting the price at $350. The rating they have provided for CRWD stocks is “Outperform” according to the report published on July 30th, 2024.

HSBC Securities gave a rating of “Hold” to CRWD, setting the target price at $302 in the report published on July 23rd of the current year.

CRWD Trading at -17.17% from the 50-Day Moving Average

After a stumble in the market that brought CRWD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.79% of loss for the given period.

Volatility was left at 5.44%, however, over the last 30 days, the volatility rate increased by 2.99%, as shares surge +1.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.54% lower at present.

During the last 5 trading sessions, CRWD rose by +11.62%, which changed the moving average for the period of 200-days by +51.13% in comparison to the 20-day moving average, which settled at $245.18. In addition, Crowdstrike Holdings Inc saw 4.85% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CRWD starting from Henry Shawn, who sale 4,000 shares at the price of $260.00 back on Aug 15 ’24. After this action, Henry Shawn now owns 179,091 shares of Crowdstrike Holdings Inc, valued at $1,040,000 using the latest closing price.

Henry Shawn, the Officer of Crowdstrike Holdings Inc, proposed sale 4,000 shares at $256.22 during a trade that took place back on Aug 15 ’24, which means that Henry Shawn is holding shares at $1,024,880 based on the most recent closing price.

Stock Fundamentals for CRWD

Current profitability levels for the company are sitting at:

  • 0.01 for the present operating margin
  • 0.75 for the gross margin

The net margin for Crowdstrike Holdings Inc stands at 0.04. The total capital return value is set at 0.01. Equity return is now at value 6.36, with 2.20 for asset returns.

Based on Crowdstrike Holdings Inc (CRWD), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 1.65. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 1.3.

Currently, EBITDA for the company is 155.44 million with net debt to EBITDA at -11.29. When we switch over and look at the enterprise to sales, we see a ratio of 18.77. The receivables turnover for the company is 4.67for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.

Conclusion

In conclusion, Crowdstrike Holdings Inc (CRWD) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts