Exploring NYSE:NOW's growth characteristics.

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if SERVICENOW INC (NYSE:NOW) is suited for growth investing. Investors should of course do their own research, but we spotted SERVICENOW INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Exploring Why NYSE:NOW Holds Promise for Growth Investors.

• SERVICENOW INC has a healthy Return on Equity(ROE) of 20.56%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• SERVICENOW INC has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• SERVICENOW INC has achieved significant 1-year revenue growth of 21.47%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• SERVICENOW INC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 22.72%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• The operating margin of SERVICENOW INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• SERVICENOW INC has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), SERVICENOW INC highlights its ability to generate increasing profitability, showcasing a 46.3% growth.
• Analysts' average next Quarter EPS Estimate for SERVICENOW INC has witnessed a 5.81% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• In the most recent financial report, SERVICENOW INC reported a 46.3% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The earnings per share (EPS) growth of SERVICENOW INC are accelerating: the current Q2Q growth of 46.3% is above the previous year Q2Q growth of 14.08%. Earnings momentum and acceleration are key for high growth systems.

What else is there to say on the fundamentals of NYSE:NOW?

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to NOW. NOW was compared to 283 industry peers in the Software industry. NOW has an excellent profitability rating, but there are some minor concerns on its financial health. NOW is growing strongly while it is still valued neutral. This is a good combination! With these ratings, NOW could be worth investigating further for growth investing!.

Check the latest full fundamental report of NOW for a complete fundamental analysis.

Our Lois Navellier screen will find you more ideas suited for growth investing.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.