🌐Drops in CrowdStrike Holdings shares $CRWD+0.6%!🔐
Shares of CrowdStrike are down more than 10 %! Are investors worried ahead of the results to be announced onJune 4?
CrowdStrike is a cloud security company that specializes in protecting against cyber threats. Through its platform Falcon it offers advanced solutions for attack detection and prevention, endpoint protection and comprehensive threat analytics. By leveraging artificial intelligence and machine learning, it can CrowdStrike quickly identify and neutralize cyberattacks, earning the trust of many businesses around the world. Its innovative approach and high efficiency make it one of the leaders in the cybersecurity industry.
CrowdStrike
CRWDAnalysts expect the company to report earnings per share of$0.89, a jump of 56,14 % from the previous quarter. Additionally, revenue is expected to be$904.82 million, representing 30,65% increase from the same period last year.
For the full year, the estimate for earnings per share is $3.90 and revenue is $3.97 billion, an increase of 26,21 % a 29,82 % compared to last year.
CrowdStrike is currently trading at a forward ratio of P/E OF 90.03which is well above the industry average (29,3). Ratio PEG of the company is now 4,04which includes the projected earnings growth rate. By comparison, the average ratio PEG in the industry is 1,76.
For me, this is a very interesting company, as evidenced by its recent performance, but the price is too high in my opinion. I will be watching the results closely!
What is your opinion on this company?
A great company for me and I would like to include its stock in my portfolio, however the stock is currently expensive. We'll see what the results are and what the subsequent reaction of the stock will be.