Check Out Insider Trades For salesforce.com inc. (CRM) Stock

salesforce.com inc. (NYSE:CRM) saw a downside of -3.13% on Monday at $266.65 after subtracting -$8.61. The 5-day average trading volume is 4,770,549 shares of the company’s common stock. It has gained $276.70 in the past week and touched a new high 1 time within the past 5 days. An average of 5,969,467 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,852,209.

CRM’s 1-month performance is 2.59% or $0.62 on its low of $252.19 reached on 09/13/21. The company’s shares have touched a 52-week low of $201.51 and high of $286.36, with the stock’s rally to the 52-week high happening on 09/24/21. YTD, CRM has achieved 23.70% or $45.17 and has reached a new high 22 times. However, the current price is down -6.88%% from the 52-week high price.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Insider Transactions

On Sep 30, 4 days have gone by since the last insider trading activity for salesforce.com inc. (CRM). Benioff Marc (Chair of the Board & CEO) most recently sold 20,000 shares at $272.11 per share on Sep 30. This transaction cost the insider $5,442,165. Chair of the Board & CEO, Benioff Marc, sold 20,000 shares at a price of $271.79 on Sep 29. Then, on Sep 28, Co-Founder and CTO Harris Parker sold 4,300 shares at a price of $273.24 per share. This transaction amounted to $1,174,942.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 966.80 and a low of 44.05. CRM stock has a beta of 1.04. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 11.28 while the price-to-book (PB) in the most recent quarter is 4.63, with the price to cash flow ratio at 48.54.

salesforce.com inc.’s quick ratio for the period ended July 30 was 0.90, with the current ratio over the same period at 0.90 meaning that CRM stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.19, while the total debt to equity was 0.21. In terms of profitability, the gross margin trailing 12 months is 74.30%The trailing 12-month EBITDA margin is 15.02% while for the period ending July 30; salesforce.com inc.’s operating margin was 4.50%. The firm’s gross profit as reported stood at $15.81 billion against revenue of $21.25 billion.

Earnings Surprise

For the quarterly period ending July 30 this year, salesforce.com inc.’s cash and short-term investments amounted to $3.35 billion against total debt of $15.77 billion. Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected CRM to announce $0.92 per share in earnings in its latest quarter, but it posted $1.48, representing a 60.90% surprise. EBITDA for the quarter stood at more than $1.39 billion. CRM stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 33.14 billion, with total debt at $15.77 billion. Shareholders hold equity totaling $979.0 million

Technical Picture

Let’s look briefly at salesforce.com inc. (CRM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 49.44% to suggest the stock is trending Neutral, with historical volatility in this time period at 46.27%.

The stock’s 5-day moving average is $271.39, reflecting a -4.28% or -$11.98 change from its current price. CRM is currently trading +0.23% above its 20-day SMA, +27.15% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +7.83% and +19.71% respectively.

Stochastic %K and %D was 55.54% and 56.75% and the average true range (ATR) pointed at 6.88. The RSI (14) points at 52.47%, while the 14-day stochastic is at 44.15% with the period’s ATR at 6.48. The stock’s 9-day MACD Oscillator is pointing at -1.86 and 3.35 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for salesforce.com inc. (NYSE: CRM), Piper Sandler upgraded it to an Overweight rating. They previously had a Neutral rating on the stock. Analysts offering their rating for CRM stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate CRM as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 37 have offered a “buy” rating.

What is CRM’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $212.00 and a high of $375.00, with their median price target at $320.50. Looking at these predictions, the average price target given by analysts is for salesforce.com inc. (CRM) stock is $318.38.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Hot Topics

Related Videos

Related Videos

Related Articles

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

592

100% free. stop anytime no spam