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Drilling Down Into Salesforce.com, inc. (CRM)


Shares of Salesforce.com, inc. Equities research analysts predict that salesforce.com, inc. will post $1.29 earnings per share for the current year. Cowen and Company reiterated an "outperform" rating and set a $100.00 target price on shares of salesforce.com, inc.in a research note on Friday. JNBA Financial Advisors increased its position in shares of salesforce.com, inc.by 9.3% in the fourth quarter.

Stock has got outperform rating from no analyst of Thomson Reuters whereas 1 analyst given hold rating to the stock. The analyst with the highest target price sees the stock hitting $110 and the lowest target estimate sees the stock touching $76 within the year.

Salesforce.com, inc. (NYSE:CRM) surged 0.90% to trade at $88.54 during Friday trading session. Stock traders purchased 20,233 call options on the stock. The consensus estimates call for $0.31 in EPS and $2.48 billion in revenue.

First-quarter revenue rose 25% versus the prior-year period to almost $2.4 billion, well ahead of our lofty expectations. The firm's revenue was up 24.6% compared to the same quarter a year ago.


For example, last year the company posted modest profits in all but one of its quarters, whereas in 2015/16 the biz was firmly in the red except for the first three months of the year. Using all the ratings on Salesforce.com Inc (NYSE:CRM), the mean sits at 1.17. Valvoline Inc.'s ROE is 108.51%, while industry's is 24.49%. "(CRM) Earns "Hold" Rating from Oppenheimer Holdings Inc." was originally published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & global trademark and copyright laws. The original version of this piece can be viewed at https://www.chaffeybreeze.com/2017/05/19/salesforce-com-inc-crm-pt-raised-to-105-00-at-stifel-nicolaus.html.

In other news, Director Maynard G. Webb, Jr. sold 2,680 shares of the firm's stock in a transaction dated Tuesday, May 16th. The stock is trading $84.63 its 50-day moving average by -3.12%. Following the completion of the transaction, the executive vice president now directly owns 290,385 shares in the company, valued at approximately $23,733,166.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

In other news, CFO Mark J. Hawkins sold 8,624 shares of the business's stock in a transaction that occurred on Monday, March 27th. Allanson Joe sold $48,700 worth of stock or 657 shares. A firm having high P/E ratio generally signified positive future performance and investors are willing to pay more for this company's shares. The disclosure for this sale can be found here. Corporate insiders own 6.70% of the company's stock. Intrust Bank NA increased its stake in shares of salesforce.com, inc.by 0.4% in the first quarter. (CRM) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. Vanguard Group Inc. increased its position in shares of salesforce.com, inc.by 4.7% in the first quarter. King Luther Capital Management Corp now owns 3,233 shares of the CRM provider's stock valued at $267,000 after buying an additional 43 shares during the last quarter. Jennison Associates LLC raised its position in shares of salesforce.com, inc.by 3.2% in the third quarter. Baillie Gifford & Co. now owns 6,989,546 shares of the CRM provider's stock worth $576,567,000 after buying an additional 70,214 shares during the last quarter. Currently, Discovery Communications, Inc.net profit margin for the 12 months is at 17.87%. Deutsche Bank AG reissued a "buy" rating and issued a $90.00 target price on shares of salesforce.com, inc.in a research report on Tuesday, January 31st. Moreover, A.R.T. Advisors Llc has 0% invested in the company for 40,300 shares. (NYSE:CRM). Adell Harriman And Carpenter Inc holds 0% of its portfolio in salesforce.com, inc.

The cloud CRM company has made a number of acquisitions in the past couple of years, with the likes of Demandware, while increasingly pushing its Artificial Intelligence technology Einstein across its product portfolio.

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