Morgan Stanley lifts CrowdStrike Holdings Inc. [CRWD] price estimate. Who else is bullish?

CrowdStrike Holdings Inc. [NASDAQ: CRWD] surged by $0.8 during the normal trading session on Wednesday and reaching a high of $168.23 during the day while it closed the day at $166.23. The company report on August 31, 2023 at 4:39 PM that CrowdStrike Announces 70-Plus Sponsors for Fal.Con 2023.

Cybersecurity and IT market leaders unite at cyber’s marquee event.

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CrowdStrike (Nasdaq: CRWD), announced today that more than 70 partners will be exhibiting as sponsors at Fal.Con 2023, the company’s marquee annual event and cybersecurity’s must-attend conference.

CrowdStrike Holdings Inc. stock has also gained 13.31% of its value over the past 7 days. However, CRWD stock has inclined by 8.62% in the 3 months of the year. Over the past six months meanwhile, it has gained 33.06% and gained 57.88% year-on date.

The market cap for CRWD stock reached $39.86 billion, with 237.91 million shares outstanding and 216.19 million shares in the current float. Compared to the average trading volume of 3.53M shares, CRWD reached a trading volume of 4261543 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $185.35 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 1.90. 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.

Morgan Stanley have made an estimate for CrowdStrike Holdings Inc. shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on August 28, 2023.

The Average True Range (ATR) for CrowdStrike Holdings Inc. is set at 6.29, with the Price to Sales ratio for CRWD stock in the period of the last 12 months amounting to 15.08. The Price to Book ratio for the last quarter was 21.50, with the Price to Cash per share for the same quarter was set at 13.21. Price to Free Cash Flow for CRWD in the course of the last twelve months was 49.91 with Quick ratio for the last quarter at 1.80.

CRWD stock trade performance evaluation

CrowdStrike Holdings Inc. [CRWD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.31. With this latest performance, CRWD shares gained by 10.11% in over the last four-week period, additionally plugging by 33.06% over the last 6 months – not to mention a drop of -3.61% 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 62.81, with the RSI for the last a single of trading hit 67.78, and the three-weeks RSI is set at 59.96 for CrowdStrike Holdings Inc. [CRWD]. The present Moving Average for the last 50 days of trading for this stock 151.08, while it was recorded at 161.02 for the last single week of trading, and 131.81 for the last 200 days.

CrowdStrike Holdings Inc. [CRWD]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and CrowdStrike Holdings Inc. [CRWD] shares currently have an operating margin of -8.36 and a Gross Margin at +73.06. CrowdStrike Holdings Inc.’s Net Margin is presently recorded at -8.18.

Return on Total Capital for CRWD is now -9.18, given the latest momentum, and Return on Invested Capital for the company is -9.11. Return on Equity for this stock declined to -14.72, with Return on Assets sitting at -4.24. When it comes to the capital structure of this company, CrowdStrike Holdings Inc. [CRWD] has a Total Debt to Total Equity ratio set at 53.54. Additionally, CRWD Total Debt to Total Capital is recorded at 34.87, with Total Debt to Total Assets ending up at 15.59. Long-Term Debt to Equity for the company is recorded at 52.65, with the Long-Term Debt to Total Capital now at 34.29.

Reflecting on the efficiency of the workforce at the company, CrowdStrike Holdings Inc. [CRWD] managed to generate an average of -$25,195 per employee. Receivables Turnover for the company is 4.51 with a Total Asset Turnover recorded at a value of 0.52.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 per share (EPS) analysis for CrowdStrike Holdings Inc. [CRWD] stock

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 38.66%.

CrowdStrike Holdings Inc. [CRWD]: Institutional Ownership

The top three institutional holders of CRWD stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in CRWD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in CRWD stock with ownership which is approximately 5.7381%.

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