Salesforce Inc (NYSE: CRM) is -2.93% lower on its value in year-to-date trading and has touched a low of $212.00 and a high of $369.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRM stock was last observed hovering at around $328.96 in the last trading session, with the day’s loss setting it -4.43%.
Currently trading at $324.53, the stock is -3.46% and -3.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.01 million and changing -1.35% at the moment leaves the stock 12.42% off its SMA200. CRM registered 11.16% gain for a year compared to 6-month gain of 23.44%.
The stock witnessed a -0.01% loss in the last 1 month and extending the period to 3 months gives it a -2.15%, and is 0.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.25% over the week and 2.66% over the month.
Salesforce Inc (CRM) has around 72682 employees, a market worth around $310.58B and $37.19B in sales. Current P/E ratio is 53.39 and Fwd P/E is 28.95. Profit margin for the company is 15.96%. Distance from 52-week low is 53.08% and -12.05% from its 52-week high. The company has generated returns on investments over the last 12 months (8.47%).
with sales reaching $10.04B over the same period.The EPS is expected to grow by 22.00% this year, but quarterly earnings will post 8.89% year-over-year. Quarterly sales are estimated to grow 8.06% in year-over-year returns.
The shares outstanding are 956.00M, and float is at 931.94M with Short Float at 1.05%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 86.27 million shares valued at $22.18 billion. The investor’s holdings represent 8.8935 of the CRM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 74.58 million shares valued at $19.17 billion to account for 7.6884 of the shares outstanding. The other top investors are STATE STREET CORP which holds 48.14 million shares representing 4.9941 and valued at over $12.38 billion, while FMR LLC holds 3.1264 of the shares totaling 30.33 million with a market value of $7.8 billion.
Salesforce Inc (CRM) Insider Activity
The most recent transaction is an insider sale by Weaver Amy E, the company’s President and CFO. SEC filings show that Weaver Amy E sold 6,221 shares of the company’s common stock on Feb 18 ’25 at a price of $328.18 per share for a total of $2.04 million. Following the sale, the insider now owns 46750.0 shares.
Still, SEC filings show that on Feb 03 ’25, Reddy Sundeep G. (EVP & Chief Accounting Officer) disposed off 500 shares at an average price of $335.94 for $0.17 million. The insider now directly holds 6,557 shares of Salesforce Inc (CRM).
