Analysts Ratings on: salesforce.com, inc. (CRM)

Andrew Cummings
August 23, 2017

It now has negative earnings. Standard Chartered PLC had 10 analyst reports since September 22, 2015 according to SRatingsIntel. Revenues of $2.56 billion were up 25% on a year-over-year basis, and were good enough to beat Wall Street estimates for $2.52 billion. Wedbush has "Outperform" rating and $96 target. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period. CRM was included in 8 notes of analysts from September 1, 2016. Current price level places the company's stock about -1.87% from the 52-week high and 36.63% away from the 52-week low. The firm has "Buy" rating by Needham given on Thursday, November 19. As per Wednesday, June 1, the company rating was maintained by Telsey Advisory Group. Toronto Dominion Bank acquired 26,328 shares as Under Armour Inc (UA)'s stock declined 9.57%. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirty-nine have issued a buy rating to the company. Goldman Sachs maintained it with "Buy" rating and $124 target in Thursday, June 2 report. (NYSE:CRM). Aureus Asset Management Ltd Liability holds 126,695 shares. Piedmont Limited Liability Corporation owns 134,640 shares or 0% of their U.S. portfolio. British Columbia Inv Mngmt Corporation owns 403,179 shares or 0.24% of their United States portfolio. The New York-based Sachem Head Capital Management Lp has invested 5.58% in the stock. About 822,418 shares traded.

Since January 1, 0001, it had 1 buying transaction, and 8 sales for $20.11 million activity.

Since February 21, 2017, it had 4 insider purchases, and 154 selling transactions for $162.87 million activity. (Call) (AAPL) stake by 99.33% reported in 2016Q4 SEC filing. (NYSE:CRM) or 20,000 shares.


Salesforce.com, inc.is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM). (NYSE:CRM) or 194 shares. (NYSE:CRM) shares were sold by Norton Burke F. Allanson Joe had sold 173 shares worth $15,709. Karp Capital Management Corp sold 4,785 shares as Salesforce (CRM)'s stock rose 7.28%. Shares for $341,758 were sold by Weaver Amy E. $30,227 worth of salesforce.com, inc. (NYSE:CRM). 21,702 were accumulated by Cambridge Investment Advsr. The company has market cap of $66.17 billion. The Company focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies. It has a 490.08 P/E ratio. The Business's service offerings are configured and integrated with other platforms and enterprise applications. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. Therefore 87% are positive. The stock stands almost $1.67 off versus the 52-week high of $92.49 and $24.39 above the 52-week low of $66.43. The company was maintained on Thursday, November 19 by Jefferies. That puts the market capitalization at $32.69 bln. The firm earned "Buy" rating on Thursday, March 23 by BMO Capital Markets. The rating was maintained by Deutsche Bank with "Buy" on Thursday, May 19. The correct version of this piece can be read at https://stocknewstimes.com/2017/08/22/salesforce-com-inc-crm-raised-to-buy-at-bidaskclub.html. The rating was maintained by Barclays Capital with "Underweight" on Thursday, May 19. The Sumitomo Life Insurance Company holds 25,623 shares with $1.75M value, down from 31,729 last quarter. FBN Securities maintained it with "Outperform" rating and $100 target in Thursday, May 19 report. (NYSE:CRM) rating on Tuesday, October 18.

EPS in next five year years is expected to touch 27.81% while EPS growth in past 5 year was 69.50% along with sales growth of 29.90% in the last five years. CRM's profit will be $63.58M for 256.94 P/E if the $0.09 EPS becomes a reality.

Salesforce (NYSE:CRM) shares down 0.77% after reporting Q2 results with EPS beat, revenue beat with almost 26% growth on the year, and a passed $10B run rate milestone.


Investors sentiment decreased to 1.18 in Q4 2016. Its up 0.19, from 0.81 in 2016Q3. It turned negative, as 89 investors sold CRM shares while 255 reduced holdings. 588.03 million shares or 3.26% more from 569.46 million shares in 2016Q3 were reported. Bancorp Of Nova Scotia reported 0.18% of its portfolio in salesforce.com, inc. 279 were accumulated by Ftb Advsr Incorporated. Swiss Bankshares reported 86,400 shares or 0% of all its holdings. Manufacturers Life Insurance The owns 35,453 shares or 0% of their U.S. portfolio. Parallax Volatility Advisers L P reported 881 shares. Don't forget about Microsoft Corporation (MSFT) and Amazon.com, Inc.

From a technical standpoint, Tuesday evening's move in CRM stock shouldn't trigger much in the way of worry. (NYSE:CRM). Moreover, Rathbone Brothers Pcl has 0.81% invested in salesforce.com, inc. (NYSE:CRM) for 16,537 shares.


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