inc. (CRM): What the Financials Tell Us? inc. (NYSE:CRM) saw an upside of 1.37% to $277.49 after adding $3.74 on Tuesday. The 5-day average trading volume is 3,458,166 shares of the company’s common stock. It has gained $279.50 in the past week. An average of 5,872,767 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,860,115.

CRM’s 1-month performance is 6.43% or $19.99 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 23.02% or $54.66. However, the current price is down -3.10%% from the 52-week high price.

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Insider Transactions

On Oct 07, 5 days have gone by since the last insider trading activity for inc. (CRM). Tallapragada Srinivas (Pres/Chief Engineering Officer) most recently sold 20,000 shares at $276.19 per share on Oct 07. This transaction cost the insider $5,523,886. Chair of the Board & CEO, Benioff Marc, sold 20,000 shares at a price of $276.58 on Oct 07. Then, on Oct 06, Chair of the Board & CEO Benioff Marc sold 20,000 shares at a price of $272.84 per share. This transaction amounted to $5,456,875.

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 1.06. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 11.47 while the price-to-book (PB) in the most recent quarter is 4.60, with the price to cash flow ratio at 49.37. 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 not 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; 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, 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 inc. (CRM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 61.74% to suggest the stock is trending Neutral, with historical volatility in this time period at 15.15%.

The stock’s 5-day moving average is $274.65, reflecting a +1.99% or $5.42 change from its current price. CRM is currently trading +8.97% above its 20-day SMA, +23.87% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +15.08% and +22.77% respectively.

Stochastic %K and %D was 55.60% and 58.07% and the average true range (ATR) pointed at 6.01. The RSI (14) points at 60.57%, while the 14-day stochastic is at 54.65% with the period’s ATR at 6.01. The stock’s 9-day MACD Oscillator is pointing at 0.88 and -0.41 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for 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 inc. (CRM) stock is $318.38.


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