Market Analysts see CrowdStrike Holdings Inc. [CRWD] falling to $200. Time to buy?

CrowdStrike Holdings Inc. [NASDAQ: CRWD] traded at a low on 11/29/22, posting a -1.04 loss after which it closed the day’ session at $138.00. The company report on November 29, 2022 that CrowdStrike Reports Third Quarter Fiscal Year 2023 Financial Results.

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Revenue grows 53% year-over-year to reach $581 million.

The results of the trading session contributed to over 8641754 shares changing hands. Over the past one week, the price volatility of CrowdStrike Holdings Inc. stands at 3.38% while the volatility over the past one month is 4.89%.

The market cap for CRWD stock reached $31.04 billion, with 232.55 million shares outstanding and 211.94 million shares in the current float. Compared to the average trading volume of 3.54M shares, CRWD reached a trading volume of 8641754 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about CrowdStrike Holdings Inc. [CRWD]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRWD shares is $233.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRWD stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

MKM Partners have made an estimate for CrowdStrike Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 23, 2022. While these analysts kept the previous recommendation, William Blair raised their target price to Outperform. The new note on the price target was released on November 10, 2022, representing the official price target for CrowdStrike Holdings Inc. stock. Previously, the target price had yet another raise to $220, while Macquarie analysts kept a Outperform rating on CRWD stock.

The Average True Range (ATR) for CrowdStrike Holdings Inc. is set at 6.92, with the Price to Sales ratio for CRWD stock in the period of the last 12 months amounting to 16.93. The Price to Book ratio for the last quarter was 26.19, with the Price to Cash per share for the same quarter was set at 10.31. Price to Free Cash Flow for CRWD in the course of the last twelve months was 54.57 with Quick ratio for the last quarter at 1.80.

How has CRWD stock performed recently?

CrowdStrike Holdings Inc. [CRWD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.80. With this latest performance, CRWD shares dropped by -15.67% in over the last four-week period, additionally sinking by -13.74% over the last 6 months – not to mention a drop of -38.55% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CRWD stock in for the last two-week period is set at 43.48, with the RSI for the last a single of trading hit 44.54, and the three-weeks RSI is set at 42.94 for CrowdStrike Holdings Inc. [CRWD]. The present Moving Average for the last 50 days of trading for this stock 152.79, while it was recorded at 138.84 for the last single week of trading, and 177.34 for the last 200 days.

CrowdStrike Holdings Inc. [CRWD]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and CrowdStrike Holdings Inc. [CRWD] shares currently have an operating margin of -9.39 and a Gross Margin at +73.45. CrowdStrike Holdings Inc.’s Net Margin is presently recorded at -16.18.

Return on Equity for this stock declined to -24.76, with Return on Assets sitting at -7.39.

CrowdStrike Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.

Earnings analysis for CrowdStrike Holdings Inc. [CRWD]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CRWD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CrowdStrike Holdings Inc. go to 73.75%.

Insider trade positions for CrowdStrike Holdings Inc. [CRWD]

There are presently around $21,366 million, or 77.40% of CRWD stock, in the hands of institutional investors. The top three institutional holders of CRWD stocks are: BLACKROCK INC. with ownership of 13,466,877, which is approximately 1.102% of the company’s market cap and around 0.70% of the total institutional ownership; VANGUARD GROUP INC, holding 13,243,460 shares of the stock with an approximate value of $1.83 billion in CRWD stocks shares; and JENNISON ASSOCIATES LLC, currently with $1.34 billion in CRWD stock with ownership of nearly 19.721% of the company’s market capitalization.

Positions in CrowdStrike Holdings Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 533 institutional holders increased their position in CrowdStrike Holdings Inc. [NASDAQ:CRWD] by around 19,139,312 shares. Additionally, 444 investors decreased positions by around 21,923,582 shares, while 166 investors held positions by with 113,763,000 shares. The mentioned changes placed institutional holdings at 154,825,894 shares, according to the latest SEC report filing. CRWD stock had 123 new institutional investments in for a total of 4,718,985 shares, while 89 institutional investors sold positions of 1,081,728 shares during the same period.


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