salesforce.com, inc. (CRM) EPS Estimated At $0.15

November 10, 2018 - By Mona Holcomb

salesforce.com, inc. (NYSE:CRM) LogoInvestors sentiment increased to 1.61 in 2018 Q2. Its up 0.17, from 1.44 in 2018Q1. It improved, as 40 investors sold salesforce.com, inc. shares while 254 reduced holdings. 121 funds opened positions while 353 raised stakes. 610.03 million shares or 0.25% more from 608.53 million shares in 2018Q1 were reported.
Guardian Life Insur Of America stated it has 0.04% in salesforce.com, inc. (NYSE:CRM). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 292,413 shares. Moreover, Cibc Asset has 0.06% invested in salesforce.com, inc. (NYSE:CRM). Panagora Asset Management has 18,939 shares. M&T Natl Bank accumulated 105,231 shares. 209,476 are held by Nomura Holdings. Gofen & Glossberg Ltd Liability Com Il stated it has 0.23% of its portfolio in salesforce.com, inc. (NYSE:CRM). Alexandria Cap Ltd Co owns 0.24% invested in salesforce.com, inc. (NYSE:CRM) for 11,705 shares. Capstone Investment Advsr Limited Liability Co accumulated 3,352 shares. Bnp Paribas Asset Management Sa owns 330,412 shares. Ameritas Inv Ptnrs Inc holds 13,197 shares. Riverpark Advisors Limited holds 0.57% or 20,770 shares. 26,685 were reported by Umb Bankshares N A Mo. Oakbrook Limited Liability Company accumulated 2,936 shares or 0.03% of the stock. Moreover, Greenleaf Trust has 0.19% invested in salesforce.com, inc. (NYSE:CRM) for 74,947 shares.

Since May 14, 2018, it had 4 insider purchases, and 148 selling transactions for $140.01 million activity. Allanson Joe sold $16.51M worth of salesforce.com, inc. (NYSE:CRM) on Friday, September 14. Harris Parker sold 5,711 shares worth $871,134. Benioff Marc sold $774,286 worth of stock. Shares for $2.70M were sold by Hawkins Mark J on Sunday, August 26. 380 shares were sold by Weaver Amy E, worth $57,583 on Saturday, August 25. $24,112 worth of salesforce.com, inc. (NYSE:CRM) was sold by Roos John Victor.

Analysts expect salesforce.com, inc. (NYSE:CRM) to report $0.15 EPS on November, 20.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.15 EPS. CRM’s profit would be $113.50M giving it 228.20 P/E if the $0.15 EPS is correct. After having $0.35 EPS previously, salesforce.com, inc.’s analysts see -57.14 % EPS growth. The stock decreased 3.49% or $4.95 during the last trading session, reaching $136.92. About 5.25 million shares traded. salesforce.com, inc. (NYSE:CRM) has risen 60.42% since November 10, 2017 and is uptrending. It has outperformed by 44.80% the S&P500.

salesforce.com, inc. (NYSE:CRM) Ratings Coverage

Among 24 analysts covering Salesforce.com (NYSE:CRM), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Salesforce.com had 36 analyst reports since May 20, 2018 according to SRatingsIntel. Robert W. Baird maintained it with “Outperform” rating and $160 target in Wednesday, July 11 report. The company was maintained on Wednesday, May 30 by SunTrust. The firm has “Outperform” rating given on Wednesday, August 15 by Credit Suisse. The stock of salesforce.com, inc. (NYSE:CRM) has “Outperform” rating given on Tuesday, August 21 by BMO Capital Markets. Barclays Capital maintained the shares of CRM in report on Friday, September 7 with “Overweight” rating. Jefferies maintained the shares of CRM in report on Thursday, September 27 with “Buy” rating. The firm has “Outperform” rating by Oppenheimer given on Thursday, September 27. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, August 15. The rating was maintained by Stifel Nicolaus on Tuesday, July 24 with “Buy”. The firm earned “Buy” rating on Wednesday, May 30 by Canaccord Genuity.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $103.61 billion. The firm offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices, as well as solutions for partner relationship management. It has a 142.77 P/E ratio. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as connects their service agents with clients on various devices; and Marketing Cloud to plan, personalize, and optimize one-to-one customer interactions.

More important recent salesforce.com, inc. (NYSE:CRM) news were published by: Fool.com which released: “Is Salesforce.com Inc. a Buy?” on October 30, 2018, also Prnewswire.com published article titled: “Salesforce Named a Leader in Partner Relationship Management by Independent Research Firm”, Bizjournals.com published: “Fortune magazine sold to Thai businessman” on November 09, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) was released by: Nasdaq.com and their article: “5 Futuristic Artificial Intelligence Stocks to Buy” with publication date: November 08, 2018.

salesforce.com, inc. (NYSE:CRM) Institutional Positions Chart

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