Analysts See $0.15 EPS for salesforce.com, inc. (CRM)

November 10, 2018 - By Michael Collier

salesforce.com, inc. (NYSE:CRM) LogoInvestors sentiment increased to 1.61 in 2018 Q2. Its up 0.17, from 1.44 in 2018Q1. It is positive, 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.
Amarillo Bank & Trust reported 4,413 shares or 0.31% of all its holdings. Mariner Ltd Liability holds 6,706 shares or 0.03% of its portfolio. Gabelli Funds Ltd Liability Company holds 47,700 shares. Lazard Asset Mngmt Ltd Liability Corp, a New York-based fund reported 350 shares. Jag Capital Lc reported 152,403 shares. Fincl Bank Of America De accumulated 0.19% or 8.32 million shares. Mathes Com owns 34,142 shares for 2.22% of their portfolio. Dekabank Deutsche Girozentrale reported 0.25% stake. Moreover, Parkside Natl Bank has 0.03% invested in salesforce.com, inc. (NYSE:CRM). Wms Prtnrs Ltd Liability Corporation stated it has 0.03% of its portfolio in salesforce.com, inc. (NYSE:CRM). Cambridge Rech Advisors has 0.05% invested in salesforce.com, inc. (NYSE:CRM) for 33,216 shares. Triangle Securities Wealth reported 12,057 shares or 0.92% of all its holdings. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 35,252 shares. Cibc Asset reported 0.06% in salesforce.com, inc. (NYSE:CRM). Moreover, Savant Cap Ltd Com has 0.09% invested in salesforce.com, inc. (NYSE:CRM) for 3,102 shares.

Since May 14, 2018, it had 4 insider buys, and 148 sales for $140.01 million activity. $1.38 million worth of salesforce.com, inc. (NYSE:CRM) shares were sold by BLOCK KEITH. 30,000 shares were sold by ROBERTSON SANFORD, worth $4.02 million on Monday, June 11. $137,291 worth of salesforce.com, inc. (NYSE:CRM) shares were sold by Hawkins Mark J. Weaver Amy E had sold 494 shares worth $72,733 on Wednesday, August 22. 543 shares were sold by Robbins Cynthia G., worth $82,283 on Saturday, August 25. Allanson Joe had sold 317 shares worth $40,833.

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 5.25M 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. The stock of salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by Bank of America on Sunday, May 20. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, May 30. Credit Suisse maintained it with “Outperform” rating and $170 target in Wednesday, August 15 report. The rating was maintained by Barclays Capital on Friday, September 7 with “Overweight”. The firm earned “Buy” rating on Thursday, August 30 by UBS. The stock has “Outperform” rating by Robert W. Baird on Wednesday, May 30. On Thursday, August 30 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was maintained by Wells Fargo with “Buy” on Wednesday, May 30. The firm has “Buy” rating given on Tuesday, July 17 by Stifel Nicolaus. UBS maintained the stock with “Buy” rating in Wednesday, May 30 report.

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: Prnewswire.com which released: “Salesforce Named a Leader in Partner Relationship Management by Independent Research Firm” on November 07, 2018, also Nasdaq.com published article titled: “5 Futuristic Artificial Intelligence Stocks to Buy”, Fool.com published: “Is Salesforce.com Inc. a Buy?” on October 30, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) was released by: Bizjournals.com and their article: “Fortune magazine sold to Thai businessman” with publication date: November 09, 2018.

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

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