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CrowdStrike Holdings (CRWD) Stock Sinks As Market Gains: What You Should Know

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In the latest trading session, CrowdStrike Holdings (CRWD - Free Report) closed at $93.66, marking a -0.38% move from the previous day. This move lagged the S&P 500's daily gain of 0.25%. Meanwhile, the Dow gained 0.39%, and the Nasdaq, a tech-heavy index, lost 0.09%.

Coming into today, shares of the cloud-based security company had gained 32.42% in the past month. In that same time, the Computer and Technology sector lost 5.18%, while the S&P 500 lost 5.58%.

Wall Street will be looking for positivity from CRWD as it approaches its next earnings report date. This is expected to be September 5, 2019.

Investors should also note any recent changes to analyst estimates for CRWD. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 17.6% higher within the past month. CRWD currently has a Zacks Rank of #3 (Hold).

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 38% 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.

To follow CRWD in the coming trading sessions, be sure to utilize Zacks.com.


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