Earnings Calendar (25Nov24) - is Crowdstrike on track for profits?
Earnings Calendar (25Nov24)
There are a few earnings of interest in the coming week namely Zoom, Dell, HP and Crowdstrike.
Let us take a look at Crowdstrike
The stock price grew 77.6% from a year ago.
Technical analysis recommends a “Strong Buy” rating.
Analysts Sentiment recommends a “Buy” rating. With a target price of $339.07, there is a 6.92% downside for this stock.
Observations about Crowdstrike:
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Revenue grew from $53M (2017) to $3,056M (2024).
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Gross profit grew from $19M (2017) to $2,300M (2024)
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Operating profit remains at a loss -$2M (2024)
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FCF (10-year Median Margin) is 17.8%
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Gross Profit (10-year Median Margin) is a strong 71.9%
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Thus, the expenses they incurred to operate the business are heavy.
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The P/E ratio stands at a startling 515.0
Crowdstrike may not have seen the economic penalties of their recent system outage.
For the coming earnings, the forecast EPS and revenue are $0.809 and $982.81M respectively.
The company looks to be profitable from the TTM data. This can be good news for the company. I prefer to be an observer and not an investor yet.
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- CornellRudolph·2024-11-25It's wise to take a cautious approach.LikeReport