salesforce.com Stock Price, News & Analysis (NYSE:CRM)

$155.20
+1.60 (+1.04 %)
(As of 09/22/2019 06:11 AM ET)
Today's Range
$153.62
Now: $155.20
$156.88
50-Day Range
$138.96
MA: $149.18
$156.07
52-Week Range
$113.60
Now: $155.20
$167.56
Volume11.73 million shs
Average Volume5.92 million shs
Market Capitalization$136.11 billion
P/E Ratio105.21
Dividend YieldN/A
Beta1.24
salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as a field service solution that enables companies to connect agents, dispatchers, and mobile employees through a centralized platform, which helps to schedule and dispatch work, and track and manage jobs in real-time. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
CUSIP79466L30
Phone415-901-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.28 billion
Cash Flow$3.7579 per share
Book Value$19.57 per share

Profitability

Net Income$1.11 billion

Miscellaneous

Employees35,000
Market Cap$136.11 billion
Next Earnings Date11/26/2019 (Estimated)
OptionableOptionable

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salesforce.com (NYSE:CRM) Frequently Asked Questions

What is salesforce.com's stock symbol?

salesforce.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRM."

How were salesforce.com's earnings last quarter?

salesforce.com, inc. (NYSE:CRM) released its quarterly earnings data on Thursday, August, 22nd. The CRM provider reported $0.66 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.57. The CRM provider earned $4 billion during the quarter, compared to analyst estimates of $3.96 billion. salesforce.com had a net margin of 6.45% and a return on equity of 7.26%. The firm's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 earnings per share. View salesforce.com's Earnings History.

When is salesforce.com's next earnings date?

salesforce.com is scheduled to release their next quarterly earnings announcement on Tuesday, November 26th 2019. View Earnings Estimates for salesforce.com.

What guidance has salesforce.com issued on next quarter's earnings?

salesforce.com updated its FY20 earnings guidance on Thursday, August, 22nd. The company provided EPS guidance of $2.82-2.84 for the period, compared to the Thomson Reuters consensus estimate of $2.68. The company issued revenue guidance of $16.75-16.90 billion, compared to the consensus revenue estimate of $16.62 billion.

What price target have analysts set for CRM?

41 brokers have issued twelve-month price objectives for salesforce.com's shares. Their predictions range from $160.00 to $210.00. On average, they anticipate salesforce.com's share price to reach $184.5526 in the next year. This suggests a possible upside of 18.9% from the stock's current price. View Analyst Price Targets for salesforce.com.

What is the consensus analysts' recommendation for salesforce.com?

41 Wall Street analysts have issued "buy," "hold," and "sell" ratings for salesforce.com in the last year. There are currently 1 hold rating, 39 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for salesforce.com.

What are Wall Street analysts saying about salesforce.com stock?

Here are some recent quotes from research analysts about salesforce.com stock:
  • 1. Nomura analysts commented, "We see a lot of noise that must be sorted through this quarter, following the CRM.org, DATA, and, more recently, ClickSoftware acquisitions, as well as multiple FY guidance revisions. We see difficult comps in both F2Q and F3Q, as we expect Y/Y revenue growth of approx. 20% versus 27.5% Y/Y growth in F3Q19, after closing the MULE acquisition. F3Q20 estimates are somewhat in line with historical expectations, with slightly above Q/Q growth of ~6% vs. the historical average of 4.6%. We continue to highlight the uncertain impact of the moving pieces created via recent acquisitions and proposed acquisitions (such as ClickSoftware)." (8/13/2019)
  • 2. According to Zacks Investment Research, "Salesforce's Q4 results benefited from strong growth across most of its business segments and deal wins in the international market. Rapid adoption of its diverse cloud offerings given the growing demand for digital transformation remains the key catalyst. Strengthening relationships with cloud companies like Amazon, Google and IBM are a positive. Additionally, strategic acquisitions like MuleSoft, Datorama and Cloudcraze is helping it deliver strong growth. The company is now aiming to achieve revenues of $26-$28 billion by fiscal 2023. Nonetheless, stiff competition from Oracle and Microsoft is a concern. Currency fluctuations remain a key headwind. Besides, increasing investments for international expansions and data centers is an overhang on near-term profitability." (3/7/2019)

Has salesforce.com been receiving favorable news coverage?

News headlines about CRM stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. salesforce.com earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news headlines about the CRM provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for salesforce.com.

Who are some of salesforce.com's key competitors?

What other stocks do shareholders of salesforce.com own?

Based on aggregate information from My MarketBeat watchlists, some companies that other salesforce.com investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Adobe (ADBE), Paypal (PYPL), Micron Technology (MU), Visa (V), Walt Disney (DIS), Boeing (BA) and Cisco Systems (CSCO).

Who are salesforce.com's key executives?

salesforce.com's management team includes the folowing people:
  • Mr. Marc R. Benioff, Co-Founder, Chairman & Co-CEO (Age 54)
  • Mr. Keith G. Block, Co-CEO & Director (Age 58)
  • Mr. Mark J. Hawkins, Pres & CFO (Age 60)
  • Mr. Bret Steven Taylor, Pres & Chief Product Officer (Age 39)
  • Mr. Parker Harris, Co-Founder, CTO & Director (Age 52)

Who are salesforce.com's major shareholders?

salesforce.com's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.57%), BlackRock Inc. (7.24%), BlackRock Inc. (7.24%), Price T Rowe Associates Inc. MD (4.37%), Jennison Associates LLC (2.78%) and Janus Henderson Group PLC (1.71%). Company insiders that own salesforce.com stock include Alan G Hassenfeld, Alexandre Dayon, Amy E Weaver, Bret Steven Taylor, Craig Conway, Cynthia G Robbins, Joe Allanson, John Victor Roos, Keith Block, Marc Benioff, Maria Martinez, Mark J Hawkins, Neelie Kroes, Parker Harris, Sanford Robertson, Srinivas Tallapragada and Susan Wojcicki. View Institutional Ownership Trends for salesforce.com.

Which major investors are selling salesforce.com stock?

CRM stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, UBS Asset Management Americas Inc., Quest Capital Management Inc. ADV, First Trust Advisors LP, Canada Pension Plan Investment Board, CIBC Private Wealth Group LLC, Waddell & Reed Financial Inc. and AMF Pensionsforsakring AB. Company insiders that have sold salesforce.com company stock in the last year include Alexandre Dayon, Amy E Weaver, Bret Steven Taylor, Craig Conway, Cynthia G Robbins, Joe Allanson, John Victor Roos, Keith Block, Marc Benioff, Mark J Hawkins, Neelie Kroes, Parker Harris, Sanford Robertson and Srinivas Tallapragada. View Insider Buying and Selling for salesforce.com.

Which major investors are buying salesforce.com stock?

CRM stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Viking Global Investors LP, BlackRock Inc., BlackRock Inc., Jennison Associates LLC, Janus Henderson Group PLC and Vanguard Group Inc.. View Insider Buying and Selling for salesforce.com.

How do I buy shares of salesforce.com?

Shares of CRM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is salesforce.com's stock price today?

One share of CRM stock can currently be purchased for approximately $155.20.

How big of a company is salesforce.com?

salesforce.com has a market capitalization of $136.11 billion and generates $13.28 billion in revenue each year. The CRM provider earns $1.11 billion in net income (profit) each year or $1.45 on an earnings per share basis. salesforce.com employs 35,000 workers across the globe.View Additional Information About salesforce.com.

What is salesforce.com's official website?

The official website for salesforce.com is http://www.salesforce.com/.

How can I contact salesforce.com?

salesforce.com's mailing address is 415 MISSION STREET, SAN FRANCISCO CA, 94105. The CRM provider can be reached via phone at 415-901-7000 or via email at [email protected]


MarketBeat Community Rating for salesforce.com (NYSE CRM)

Community Ranking:  3.9 out of 5 (star star star)
Outperform Votes:  2,723 (Thanks for Voting!)
Underperform Votes:  755 (Thanks for Voting!)
Total Votes:  3,478
MarketBeat's community ratings are surveys of what our community members think about salesforce.com and other stocks. Vote "Outperform" if you believe CRM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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