$0.11 EPS Expected for Salesforce.com, inc. (CRM)
February 18, 2018 – By Stephen Andrade
Investors sentiment decreased to 1.34 in Q3 2017. Its down 0.04, from 1.38 in 2017Q2. It worsened, as 40 investors sold Salesforce.com, inc. shares while 234 reduced holdings. 73 funds opened positions while 295 raised stakes. 609.74 million shares or 0.30% less from 611.55 million shares in 2017Q2 were reported.
Bb&T Securities Lc reported 0.02% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Bancshares Of The West holds 66,229 shares. Passport Ltd Liability accumulated 157,839 shares. Washington Tru Bancshares stated it has 824 shares or 0.01% of all its holdings. 202,906 are owned by Us Bankshares De. Zweig holds 1.46% or 174,131 shares. Cim Mangement holds 7,645 shares. 33,837 were accumulated by Virtus Investment Advisers Inc. Cwm Ltd Llc holds 0% or 617 shares. Cleararc owns 17,530 shares for 0.25% of their portfolio. Natixis Asset Mgmt invested in 0.23% or 28,282 shares. Legal And General Public Ltd Com reported 3.13 million shares. Ameritas Inv Prtn accumulated 15,158 shares or 0.07% of the stock. Buckingham reported 21,473 shares. 37,505 were reported by Bokf Na.
Since August 15, 2017, it had 1 buying transaction, and 93 sales for $73.43 million activity. On Thursday, October 12 BLOCK KEITH sold $960,005 worth of Salesforce.com, inc. (NYSE:CRM) or 10,000 shares. Benioff Marc sold $526,668 worth of Salesforce.com, inc. (NYSE:CRM) on Wednesday, January 3. The insider Conway Craig sold $57,048. The insider Roos John Victor sold $14,220. Hawkins Mark J sold $45,824 worth of stock. Robbins Cynthia G. had sold 1,209 shares worth $112,896.
Analysts expect Salesforce.com, inc. (NYSE:CRM) to report $0.11 EPS on February, 27.They anticipate $0.09 EPS change or 450.00 % from last quarter’s $0.02 EPS. CRM’s profit would be $79.45 million giving it 256.50 P/E if the $0.11 EPS is correct. After having $0.15 EPS previously, Salesforce.com, inc.’s analysts see -26.67 % EPS growth. The stock decreased 0.23% or $0.26 during the last trading session, reaching $112.86. About 4.67M shares traded. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since February 18, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.
Salesforce.com, inc. (NYSE:CRM) Ratings Coverage
Among 51 analysts covering Salesforce.com (NYSE:CRM), 45 have Buy rating, 1 Sell and 5 Hold. Therefore 88% are positive. Salesforce.com had 200 analyst reports since August 21, 2015 according to SRatingsIntel. Wedbush maintained the stock with “Hold” rating in Friday, August 28 report. The stock of Salesforce.com, inc. (NYSE:CRM) earned “Overweight” rating by JP Morgan on Thursday, May 19. Canaccord Genuity maintained the shares of CRM in report on Wednesday, August 23 with “Buy” rating. On Wednesday, November 22 the stock rating was maintained by Wells Fargo with “Buy”. On Thursday, September 1 the stock rating was maintained by Mizuho with “Buy”. On Friday, August 18 the stock rating was maintained by Cowen & Co with “Buy”. Roth Capital maintained the shares of CRM in report on Tuesday, August 25 with “Buy” rating. BMO Capital Markets maintained Salesforce.com, inc. (NYSE:CRM) on Thursday, September 1 with “Outperform” rating. The rating was maintained by Raymond James on Wednesday, November 22 with “Buy”. Citigroup maintained Salesforce.com, inc. (NYSE:CRM) rating on Thursday, September 1. Citigroup has “Buy” rating and $89 target.
Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $81.52 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 9405 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: Seekingalpha.com which released: “Salesforce: Revenue Growth At What Cost?” on January 22, 2018, also Fool.com published article titled: “Why Salesforce.com, Inc. Jumped 11% in January”, Benzinga.com published: “Jefferies Upgrades Salesforce.com On Strong Customer Demand” on February 15, 2018. More interesting news about Salesforce.com, inc. (NYSE:CRM) was released by: Reuters.com and their article: “Salesforce investing $2 billion in Canada, as US tech firms head north” with publication date: February 08, 2018.
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