Crowdstrike incurred a loss of -$55 million, or -24 cents a share in the fiscal third quarter, compared to a loss of -$50.5 million, or -22 cents a share, in the year-ago quarter. Adjusted earnings came in at 40 cents a share (rising from 17 cents a share in the year-ago period), while analysts expected 28 cents a share.
Revenue rose to $580.9 million from $380.1 million in the year-ago quarter. Analysts expected CrowdStrike to report revenue of $516 million.
The company reported $198.1 million in net new annual recurring revenue (ARR is a software-as-a-service metric gauging how much revenue the company can expect based on subscriptions), increasing +54% to $2.34 billion from the year-ago quarter, although slightly below the Street expectation of $2.35 billion.
CrowdStrike has projected full-year earnings in the range of $1.49 to $1.52 a share, higher than Wall Street expectation of $1.33 a share. The company expects revenue of $2.22 billion to $2.23 billion, compared to analysts’ expectation of $2.23 billion.
For fiscal fourth quarter, CrowdStrike expects adjusted earnings in the range of 42 cents to 45 cents a share , while analysts polled by FactSet have predicted earnings of 34 cents a share. Revenue guidance for the quarter is $619.1 million to $628.2 million, while analysts polled by FactSet are expecting $633.9 million,
CRWD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 29 cases where CRWD's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CRWD advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved below the 0 level on April 02, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CRWD as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
CRWD moved below its 50-day moving average on April 04, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for CRWD crossed bearishly below the 50-day moving average on April 10, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRWD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CRWD entered a downward trend on April 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CRWD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (33.557) is normal, around the industry mean (29.871). CRWD has a moderately high P/E Ratio (863.622) as compared to the industry average of (155.580). Projected Growth (PEG Ratio) (1.384) is also within normal values, averaging (2.725). Dividend Yield (0.000) settles around the average of (0.081) among similar stocks. P/S Ratio (25.510) is also within normal values, averaging (55.249).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CRWD’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a holding company, which provides cloud-delivered solution for next-generation endpoint protection.
Industry PackagedSoftware