The brokerage presently has an "overweight" rating on the CRM provider's stock. Staying on top of longer-term price action may help provide investors with a wider range of reference when doing stock analysis.
A number of equities research analysts have recently commented on the stock.
Salesforce.com, inc.is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM).
Heading into the earnings release, covering analysts have a consensus target price of $115.20 on Salesforce.com, inc. shares. (The) in a research note issued on Wednesday, November 8th. Finally, Jefferies Group LLC reissued a "hold" rating and issued a $84.00 target price on shares of Salesforce.com in a research note on Sunday, October 29th. Zacks Investment Research cut Salesforce.com from a "hold" rating to a "sell" rating in a research report on Tuesday, July 11th. The current price is seen ranging between $106.73 and $107.87. Through this figure traders can analyze that CRM show whether or not a stock now most active and standing in buying side or sell side. About 10,535 shares traded. salesforce.com, inc. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a beta value of 1.24. In the most recent quarter, institutional ownership increased by a net of 4.59 million shares, or 0.72%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for CRM overall.452 holders increased their positions, 352 decreased their positions, and 120 holders held their positions. The CRM provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.09 by $0.24.
Let's take an assessment at how Salesforce.com, inc. The 1 year EPS growth rate is -102.70%. Winslow Evans & Crocker Inc. now owns 5,750 shares of the CRM provider's stock worth $410,000 after buying an additional 3,246 shares during the last quarter. The correct version of this report can be read at https://www.dispatchtribunal.com/2017/11/20/goldman-sachs-group-inc-the-analysts-give-salesforce-com-inc-crm-a-110-00-price-target.html. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States and global copyright legislation. In other news, insider Keith Block sold 10,000 shares of the company's stock in a transaction on Thursday, February 2nd. The stock's short float is around of 2.66% and short ratio is 4.25. Insider ownership during the a year ago has decreased by a net of 4.67 million shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Two analysts have rated the stock with a sell rating, six have issued a hold rating and forty-six have assigned a buy rating to the company's stock. The stock was sold at an average price of $99.00, for a total transaction of $12,308,769.00. The disclosure for this sale can be found here. Insiders have sold a total of 545,698 shares of company stock valued at $53,303,734 over the last ninety days. Hedge funds and other institutional investors own 86.39% of the company's stock. Bbt Management Lc accumulated 55,000 shares or 0.63% of the stock.
De Burlo Group Inc increased its stake in Salesforce Com Inc (CRM) by 1965.27% based on its latest 2017Q2 regulatory filing with the SEC. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. About 620 shares traded. salesforce.com, inc. Finally, Boltwood Capital Management raised its holdings in shares of Salesforce.com by 0.4% during the second quarter. Tybourne Capital Management HK Ltd. now owns 4,738,144 shares of the CRM provider's stock worth $410,323,000 after buying an additional 2,053,200 shares during the period. GSA Capital Partners LLP grew its holdings in shares of Salesforce.com by 85.3% during the third quarter. Wealthsource Partners LLC now owns 8,807 shares of the CRM provider's stock valued at $823,000 after buying an additional 894 shares during the last quarter. The Firm focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies.