We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
CrowdStrike Holdings (CRWD) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
In the latest trading session, CrowdStrike Holdings (CRWD - Free Report) closed at $178.84, marking a +0.92% move from the previous day. This move outpaced the S&P 500's daily loss of 0.37%.
Heading into today, shares of the cloud-based security company had lost 6.23% over the past month, outpacing the Computer and Technology sector's loss of 8.73% and lagging the S&P 500's loss of 6.01% in that time.
Wall Street will be looking for positivity from CrowdStrike Holdings as it approaches its next earnings report date. This is expected to be March 9, 2022. The company is expected to report EPS of $0.20, up 53.85% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $412.33 million, up 55.64% from the year-ago period.
Investors should also note any recent changes to analyst estimates for CrowdStrike Holdings. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 5.88% higher. CrowdStrike Holdings currently has a Zacks Rank of #2 (Buy).
In terms of valuation, CrowdStrike Holdings is currently trading at a Forward P/E ratio of 191.67. Its industry sports an average Forward P/E of 49.52, so we one might conclude that CrowdStrike Holdings is trading at a premium comparatively.
Meanwhile, CRWD's PEG ratio is currently 7.67. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Software was holding an average PEG ratio of 3.15 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 156, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
CrowdStrike Holdings (CRWD) Gains As Market Dips: What You Should Know
In the latest trading session, CrowdStrike Holdings (CRWD - Free Report) closed at $178.84, marking a +0.92% move from the previous day. This move outpaced the S&P 500's daily loss of 0.37%.
Heading into today, shares of the cloud-based security company had lost 6.23% over the past month, outpacing the Computer and Technology sector's loss of 8.73% and lagging the S&P 500's loss of 6.01% in that time.
Wall Street will be looking for positivity from CrowdStrike Holdings as it approaches its next earnings report date. This is expected to be March 9, 2022. The company is expected to report EPS of $0.20, up 53.85% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $412.33 million, up 55.64% from the year-ago period.
Investors should also note any recent changes to analyst estimates for CrowdStrike Holdings. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 5.88% higher. CrowdStrike Holdings currently has a Zacks Rank of #2 (Buy).
In terms of valuation, CrowdStrike Holdings is currently trading at a Forward P/E ratio of 191.67. Its industry sports an average Forward P/E of 49.52, so we one might conclude that CrowdStrike Holdings is trading at a premium comparatively.
Meanwhile, CRWD's PEG ratio is currently 7.67. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Software was holding an average PEG ratio of 3.15 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 156, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.