An Analysis Of salesforce.com inc. (CRM) Stock

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salesforce.com inc. (NYSE:CRM) has a beta value of 1.06 and has seen 3.14 million shares traded in the recent trading session. The company, currently valued at $266.36B, closed the recent trade at $271.60 per share which meant it lost -$8.08 on the day or -2.89% during that session. The CRM stock price is -5.43% off its 52-week high price of $286.36 and 25.81% above the 52-week low of $201.51. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.55 million shares traded. The 3-month trading volume is 6.08 million shares.

The consensus among analysts is that salesforce.com inc. (CRM) is a Buy stock at the moment, with a recommendation rating of 1.90. 0 analysts rate the stock as a Sell, while 4 rate it as Overweight. 7 out of 48 have rated it as a Hold, with 37 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.92.


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Sporting -2.89% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, 09/27/21 when the CRM stock price touched $271.60 or saw a rise of 5.15%. Year-to-date, salesforce.com inc. shares have moved 25.68%, while the 5-day performance has seen it change 8.31%. Over the past 30 days, the shares of salesforce.com inc. (NYSE:CRM) have changed 4.44%. Short interest in the company has seen 22.71 million shares shorted with days to cover at 3.63.

Wall Street analysts have a consensus price target for the stock at $318.38, which means that the shares’ value could jump 14.69% from the levels at last check today. The projected low price target is $212.00 while the price target rests at a high of $375.00. In that case, then, we find that the latest price level in today’s session is -38.07% off the targeted high while a plunge would see the stock lose 21.94% from the levels at last check today.

salesforce.com inc. (CRM) estimates and forecasts

Figures show that salesforce.com inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 32.69% over the past 6 months, with this year growth rate of -11.38%, compared to 1.30% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -47.10% and -23.10% for the next quarter. Revenue growth from the last financial year stood is estimated to be 23.80%.

33 analysts offering their estimates for the company have set an average revenue estimate of $6.8 billion for the current quarter. 33 have an estimated revenue figure of $7.21 billion for the next quarter concluding in Jan 2022.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 129.30% over the past 5 years. Earnings growth for 2021 is a modest -10.60% while over the next 5 years, the company’s earnings are expected to increase by 10.37%.

CRM Dividends

salesforce.com inc. is expected to release its next earnings report between November 29 and December 03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

salesforce.com inc. (NYSE:CRM)’s Major holders

Insiders own 3.61% of the company shares, while shares held by institutions stand at 79.05% with a share float percentage of 82.01%. Investors are also buoyed by the number of investors in a company, with salesforce.com inc. having a total of 2,723 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 70.91 million shares worth more than $15.02 billion. As of Mar 30, 2021, Vanguard Group, Inc. (The) held 7.66% of shares outstanding.

The other major institutional holder is FMR, LLC, with the holding of over 70.78 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $15.0 billion and represent 7.64% of shares outstanding.

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Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Mar 30, 2021, the former fund manager holds about 2.65% shares in the company for having 24.58 million shares of worth $5.21 billion while later fund manager owns 18.79 million shares of worth $3.98 billion as of Mar 30, 2021, which makes it owner of about 2.03% of company’s outstanding stock.