Why CrowdStrike Holdings (CRWD) Dipped More Than Broader Market Today

Group 1 - CrowdStrike Holdings (CRWD) stock closed at $442.73, down 2.46% from the previous day, underperforming the S&P 500, which fell 2.06% [1] - Over the past month, CRWD shares declined by 6.06%, lagging behind the Computer and Technology sector's gain of 1.71% and the S&P 500's gain of 1.63% [1] Group 2 - Analysts expect CrowdStrike to report earnings of $1.1 per share, reflecting a year-over-year growth of 6.8%, with revenue anticipated at $1.3 billion, up 22.42% from the prior-year quarter [2] - For the entire year, Zacks Consensus Estimates forecast earnings of $3.71 per share and revenue of $4.8 billion, indicating changes of -5.6% and +21.43%, respectively, compared to the previous year [3] Group 3 - Recent changes in analyst estimates for CrowdStrike are crucial as they indicate shifts in near-term business trends, with upward revisions suggesting positive sentiment towards the company's operations [4] - Adjustments in estimates are linked to stock price performance, and investors can leverage the Zacks Rank model to make informed decisions [5] Group 4 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has historically outperformed, with 1 stocks returning an average annual gain of +25% since 1988; currently, CrowdStrike holds a Zacks Rank of 3 (Hold) [6] - The Zacks Consensus EPS estimate for CrowdStrike has decreased by 0.93% in the past month [6] Group 5 - CrowdStrike has a Forward P/E ratio of 122.24, significantly higher than the industry average of 52.6, and a PEG ratio of 6.21, compared to the industry average of 2.75 [7] - The Security industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 102, placing it in the top 42% of over 250 industries, indicating strong performance potential [8]