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

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$158.78 +3.26 (+2.10 %)
(As of 09/25/2018 03:10 AM ET)
Previous Close$155.52
Today's Range$153.33 - $158.91
52-Week Range$92.11 - $158.91
Volume5.04 million shs
Average Volume5.34 million shs
Market Capitalization$117.68 billion
P/E Ratio352.96
Dividend YieldN/A
Beta1.27
salesforce.com logosalesforce.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, on which they can schedule and dispatch work, and track and manage jobs in real-time. In addition, the company offers Marketing Cloud to plan, personalize, and optimize one-to-one customer marketing interactions; Commerce Cloud, which enables companies to enhance engagement, conversion, revenue, and loyalty from their customers; and Community Cloud that enables companies to create and manage branded digital destinations for customers, partners, and employees. Further, it provides Quip collaboration platform, which combines documents, spreadsheets, apps, and chat with live CRM data; Salesforce Platform for building enterprise apps, as well as artificial intelligence (AI), no-code, low-code, and code development and integration services, including Trailhead, Einstein AI, Lightning, Internet of Things, Heroku, Analytics, and AppExchange; and various solutions for financial services, healthcare, and government. Additionally, the company offers professional cloud services, such as consulting and implementation services; training services, including instructor-led and online courses; and support and adoption programs. It provides its services through direct sales; and through consulting firms, systems integrators, and other partners. The company was founded in 1999 and is headquartered in San Francisco, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNYSE:CRM
CUSIP79466L30
Webwww.salesforce.com
Phone415-901-7000

Debt

Debt-to-Equity Ratio0.23
Current Ratio0.80
Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio352.96
Forward P/E Ratio130.15
P/E Growth5.11

Sales & Book Value

Annual Sales$10.48 billion
Price / Sales11.46
Cash Flow$2.2382 per share
Price / Cash70.94
Book Value$13.00 per share
Price / Book12.21

Profitability

EPS (Most Recent Fiscal Year)$0.45
Net Income$127.47 million
Net Margins6.45%
Return on Equity8.27%
Return on Assets4.06%

Miscellaneous

Employees29,000
Outstanding Shares756,700,000
Market Cap$117.68 billion

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) announced its quarterly earnings results on Wednesday, August, 29th. The CRM provider reported $0.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.24. The CRM provider had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.23 billion. salesforce.com had a net margin of 6.45% and a return on equity of 8.27%. salesforce.com's quarterly revenue was up 27.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.33 EPS. 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, 20th 2018. View Earnings Estimates for salesforce.com.

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

salesforce.com updated its FY19 earnings guidance on Wednesday, August, 29th. The company provided EPS guidance of $2.50-2.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.31. The company issued revenue guidance of $13.125-13.175 billion, compared to the consensus revenue estimate of $13.13 billion.salesforce.com also updated its Q3 guidance to $0.49-0.50 EPS.

What price target have analysts set for CRM?

38 brokerages have issued 1-year target prices for salesforce.com's stock. Their predictions range from $120.00 to $185.00. On average, they anticipate salesforce.com's stock price to reach $160.3611 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for salesforce.com.

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

38 Wall Street analysts have issued "buy," "hold," and "sell" ratings for salesforce.com in the last year. There are currently 4 hold ratings, 33 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. According to Zacks Investment Research, "Salesforce reported stellar Q2 results and provided a strong outlook. The company’s diverse cloud offerings and strong spending on digital marketing remain the catalysts. Management is extremely optimistic about enhancement of customer experience that has aided growth of the cloud segment.  Additionally, strategic acquisitions and the resultant synergies are anticipated to prove conducive to growth over the long run. Furthermore, the company’s move of utilizing other data center operators like Amazon and Alphabet’s geographical reach to expand its international business is commendable and will help it in achieving its targeted $23 billion sales mark by 2022. The stock has outperformed the industry on a year-to-date basis. Nonetheless, stiff competition, currency fluctuations and an increase in investments for international expansions and data centers could negatively impact near-term profitability." (9/5/2018)
  • 2. KeyCorp analysts commented, "We remain bullish on CRM, as well as ADBE, MSFT, and WDAY, as the top cloud platforms to own based our view that these platforms are hitting escape velocity as cloud adoption goes mainstream in the enterprise." (2/28/2018)
  • 3. Pivotal Research analysts commented, "We previously forecast +23.5% revenue growth for 4Q18 and adjusted margin of 13.3% vs. consensus of +22.5% and margins of 13.8%. Unbilled deferred revenue (representing business that is contracted but unbilled and off-balance sheet) ended the fourth quarter at approximately $13.3 billion, up 48% year-over-year. For the year the company ended up with revenue growing +24.9% and adjusted margins of 14.5%, which compared with 13.2% margins in the year-ago period. The company also provided more specific 2019 guidance, calling for 20-21% revenue growth, roughly consistent with our prior expectations slightly above this range and featuring operating income margin expansion of 125 to 150bps. 16.0%. However, EPS guidance for 2017 was better than our prior $1.89 estimate, in part on a lower-than-expected tax rate. Guidance calls for a $2.02 to $2.04 range, and our model’s new figure is slightly above this level." (2/28/2018)

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

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 53)
  • Mr. Keith G. Block, Co-CEO & Director (Age 57)
  • Mr. Alexandre Dayon, Pres & Chief Strategy Officer (Age 50)
  • Mr. Mark J. Hawkins, Pres & CFO (Age 59)
  • Mr. Parker Harris, Co-Founder, CTO & Director (Age 51)

Who are salesforce.com's major shareholders?

salesforce.com's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (11.84%), BlackRock Inc. (6.08%), Jennison Associates LLC (2.26%), Morgan Stanley (1.98%), Janus Henderson Group PLC (1.86%) and Northern Trust Corp (1.31%). Company insiders that own salesforce.com stock include Alan G Hassenfeld, Alexandre Dayon, Amy E Weaver, Burke F Norton, Craig Conway, Cynthia G Robbins, Joe Allanson, John Victor Roos, Keith Block, Lawrence Tomlinson, Marc Benioff, Maria Martinez, Mark J Hawkins, Maynard G Webb Jr, Parker Harris, Sanford Robertson 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 PointState Capital LP, Voya Investment Management LLC, Janus Henderson Group PLC, Egerton Capital UK LLP, Russell Investments Group Ltd., Cypress Funds LLC, Brown Advisory Inc. and Waddell & Reed Financial Inc.. Company insiders that have sold salesforce.com company stock in the last year include Alan G Hassenfeld, Alexandre Dayon, Amy E Weaver, Craig Conway, Cynthia G Robbins, Joe Allanson, John Victor Roos, Keith Block, Marc Benioff, Maria Martinez, Mark J Hawkins, Parker Harris and Sanford Robertson. View Insider Buying and Selling for salesforce.com.

Which major investors are buying salesforce.com stock?

CRM stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., OppenheimerFunds Inc., Massachusetts Financial Services Co. MA, Mainstay Capital Management LLC ADV, Bank of Montreal Can, Assenagon Asset Management S.A. and Smith Asset Management Group LP. 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, Scottrade, Fidelity and Charles Schwab.

What is salesforce.com's stock price today?

One share of CRM stock can currently be purchased for approximately $158.78.

How big of a company is salesforce.com?

salesforce.com has a market capitalization of $117.68 billion and generates $10.48 billion in revenue each year. The CRM provider earns $127.47 million in net income (profit) each year or $0.45 on an earnings per share basis. salesforce.com employs 29,000 workers across the globe.

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 THE LANDMARK ONE MARKET STREET STE.300, 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:  2,535 (Vote Outperform)
Underperform Votes:  680 (Vote Underperform)
Total Votes:  3,215
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 9/25/2018 by MarketBeat.com Staff

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