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CrowdStrike Holdings (CRWD) Dips More Than Broader Markets: What You Should Know

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CrowdStrike Holdings (CRWD - Free Report) closed at $249.30 in the latest trading session, marking a -1.94% move from the prior day. This move lagged the S&P 500's daily loss of 0.33%.

Coming into today, shares of the cloud-based security company had gained 8.57% in the past month. In that same time, the Computer and Technology sector gained 3.4%, while the S&P 500 gained 2.89%.

Wall Street will be looking for positivity from CRWD as it approaches its next earnings report date. On that day, CRWD is projected to report earnings of $0.09 per share, which would represent year-over-year growth of 200%. Our most recent consensus estimate is calling for quarterly revenue of $323.97 million, up 62.83% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.40 per share and revenue of $1.36 billion, which would represent changes of +48.15% and +55.64%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for CRWD. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.82% higher. CRWD is holding a Zacks Rank of #2 (Buy) right now.

Digging into valuation, CRWD currently has a Forward P/E ratio of 628.59. For comparison, its industry has an average Forward P/E of 67.6, which means CRWD is trading at a premium to the group.

Investors should also note that CRWD has a PEG ratio of 25.14 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software industry currently had an average PEG ratio of 3.49 as of yesterday's close.

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 192, which puts it in the bottom 25% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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