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

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$145.02 -0.71 (-0.49 %)
(As of 08/19/2018 11:23 AM ET)
Previous Close$145.02
Today's Range$143.95 - $146.01
52-Week Range$90.28 - $149.35
Volume2.87 million shs
Average Volume5.25 million shs
Market Capitalization$106.79 billion
P/E Ratio322.27
Dividend YieldN/A
Beta1.11
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 Ratio0.29
Current Ratio1.29
Quick Ratio1.29

Price-To-Earnings

Trailing P/E Ratio322.27
Forward P/E Ratio143.58
P/E Growth5.77

Sales & Book Value

Annual Sales$10.48 billion
Price / Sales10.16
Cash Flow$2.1847 per share
Price / Cash66.38
Book Value$13.00 per share
Price / Book11.16

Profitability

EPS (Most Recent Fiscal Year)$0.45
Net Income$127.47 million
Net Margins4.33%
Return on Equity7.25%
Return on Assets3.47%

Miscellaneous

Employees29,000
Outstanding Shares733,900,000
Market Cap$106.79 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) released its quarterly earnings data on Tuesday, May, 29th. The CRM provider reported $0.74 EPS for the quarter, beating the consensus estimate of $0.46 by $0.28. The CRM provider earned $3.01 billion during the quarter, compared to the consensus estimate of $2.94 billion. salesforce.com had a return on equity of 7.25% and a net margin of 4.33%. The firm's revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.28 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 Wednesday, August, 29th 2018. View Earnings Estimates for salesforce.com.

What price target have analysts set for CRM?

49 brokers have issued 12 month target prices for salesforce.com's stock. Their forecasts range from $88.00 to $178.00. On average, they anticipate salesforce.com's share price to reach $137.9348 in the next twelve months. This suggests that the stock has a possible downside of 4.9%. View Analyst Price Targets for salesforce.com.

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

49 Wall Street analysts have issued "buy," "hold," and "sell" ratings for salesforce.com in the last year. There are currently 4 hold ratings, 44 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 faces stiff competition from Microsoft Corp. and Oracle in the cloud-based CRM market. Oracle has strengthened its cloud position through various acquisitions while Microsoft offers special pricing for its Dynamics CRM Online service, which is helping it to snatch Salesforce’s customers. Moreover, increased focus on acquisitions could negatively impact Salesforce’s balance sheet in the form of a high level of goodwill. Furthermore, acquisitions add to integration risks, which may dilute earnings. However, opening of data centers in European countries has helped Salesforce raise significant revenues. Going forward, we believe expansion in Europe would enable Salesforce to diversify its international revenues." (7/31/2018)
  • 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)

Are investors shorting salesforce.com?

salesforce.com saw a drop in short interest in July. As of July 31st, there was short interest totalling 10,927,241 shares, a drop of 25.1% from the July 13th total of 14,593,312 shares. Based on an average trading volume of 4,576,788 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.6% of the company's shares are short sold. View salesforce.com's Current Options Chain.

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 & CEO (Age 53)
  • Mr. Keith G. Block, Vice Chairman, Pres & COO (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 (Age 51)

Has salesforce.com been receiving favorable news coverage?

News stories about CRM stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. salesforce.com earned a daily sentiment score of 0.16 on Accern's scale. They also gave headlines about the CRM provider an impact score of 46.12 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for salesforce.com.

Who are salesforce.com's major shareholders?

salesforce.com's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (12.21%), BlackRock Inc. (6.08%), Jennison Associates LLC (2.26%), Morgan Stanley (1.98%), Janus Henderson Group PLC (1.86%) and Bank of New York Mellon Corp (1.11%). 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 institutional 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 institutional investors are buying salesforce.com stock?

CRM stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., OppenheimerFunds Inc., Massachusetts Financial Services Co. MA, Bank of Montreal Can, Assenagon Asset Management S.A., Smith Asset Management Group LP and First Trust Advisors 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 $145.02.

How big of a company is salesforce.com?

salesforce.com has a market capitalization of $106.79 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.

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:  2,473 (Vote Outperform)
Underperform Votes:  669 (Vote Underperform)
Total Votes:  3,142
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 8/19/2018 by MarketBeat.com Staff

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