On Monday, Salesforce Inc (NYSE: CRM) opened lower -0.93% from the last session, before settling in for the closing price of $325.26. Price fluctuations for CRM have ranged from $212.00 to $348.86 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 21.44% over the last five years. Company’s average yearly earnings per share was noted 22.91% at the time writing. With a float of $930.85 million, this company’s outstanding shares have now reached $971.00 million.
The firm has a total of 72682 workers. Let’s measure their productivity. In terms of profitability, gross margin is 76.35%, operating margin of 18.14%, and the pretax margin is 18.75%.
Salesforce Inc (CRM) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Salesforce Inc is 2.63%, while institutional ownership is 81.55%. The most recent insider transaction that took place on Nov 05 ’24, was worth 1,178,044. In this transaction Co-Founder and CTO, Slack of this company sold 3,970 shares at a rate of $296.74, taking the stock ownership to the 119,402 shares. Before that another transaction happened on Nov 01 ’24, when Company’s EVP & Chief Accounting Officer sold 500 for $290.23, making the entire transaction worth $145,115. This insider now owns 6,506 shares in total.
Salesforce Inc (CRM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 22.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.04% during the next five years compared to 24.06% growth over the previous five years of trading.
Salesforce Inc (NYSE: CRM) Trading Performance Indicators
Check out the current performance indicators for Salesforce Inc (CRM). In the past quarter, the stock posted a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.29. Likewise, its price to free cash flow for the trailing twelve months is 26.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.74, a number that is poised to hit 2.44 in the next quarter and is forecasted to reach 11.15 in one year’s time.
Technical Analysis of Salesforce Inc (CRM)
Analysing the last 5-days average volume posted by the [Salesforce Inc, CRM], we can find that recorded value of 6.71 million was better than the volume posted last year of 6.31 million. As of the previous 9 days, the stock’s Stochastic %D was 55.84%. Additionally, its Average True Range was 8.43.
During the past 100 days, Salesforce Inc’s (CRM) raw stochastic average was set at 77.19%, which indicates a significant increase from 55.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.61% in the past 14 days, which was higher than the 26.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $288.15, while its 200-day Moving Average is $275.34. Now, the first resistance to watch is $326.10. This is followed by the second major resistance level at $329.95. The third major resistance level sits at $332.89. If the price goes on to break the first support level at $319.30, it is likely to go to the next support level at $316.36. Should the price break the second support level, the third support level stands at $312.51.
Salesforce Inc (NYSE: CRM) Key Stats
There are currently 956,000K shares outstanding in the company with a market cap of 302.14 billion. Presently, the company’s annual sales total 34,857 M according to its annual income of 4,136 M. Last quarter, the company’s sales amounted to 9,325 M and its income totaled 1,429 M.
