salesforce.com, inc. (CRM) EPS Estimated At $0.18

May 21, 2018 - By Hazel Jackson

salesforce.com, inc. (NYSE:CRM) LogoInvestors sentiment decreased to 1.19 in 2017 Q4. Its down 0.15, from 1.34 in 2017Q3. It dived, as 39 investors sold salesforce.com, inc. shares while 274 reduced holdings. 110 funds opened positions while 261 raised stakes. 608.21 million shares or 0.25% less from 609.74 million shares in 2017Q3 were reported.
27,028 are held by Evercore Wealth Mgmt Limited Liability. Fdx, California-based fund reported 32,720 shares. Hanson Mcclain Inc reported 0.02% of its portfolio in salesforce.com, inc. (NYSE:CRM). Adell Harriman & Carpenter reported 51,464 shares or 1.11% of all its holdings. Tpg Gru (Sbs) Advisors Incorporated has invested 0.05% in salesforce.com, inc. (NYSE:CRM). Polar Capital Llp owns 0.49% invested in salesforce.com, inc. (NYSE:CRM) for 467,243 shares. Brown Brothers Harriman & reported 1,328 shares. Crossvault Cap Mngmt Ltd Limited Liability Company accumulated 1.12% or 20,865 shares. Salem Investment Counselors reported 22,519 shares stake. Tcw Group holds 2.53 million shares. Weiss Multi reported 0.04% stake. Carlson Ltd Partnership has invested 0.25% of its portfolio in salesforce.com, inc. (NYSE:CRM). 13,850 were reported by Gideon Cap Advsr. Kbc Nv reported 358,152 shares stake. Moreover, Fmr Ltd Liability Com has 1% invested in salesforce.com, inc. (NYSE:CRM) for 83.77M shares.

Since December 11, 2017, it had 4 buys, and 170 insider sales for $130.43 million activity. The insider Benioff Marc sold 5,000 shares worth $565,458. Hawkins Mark J sold $2.00M worth of salesforce.com, inc. (NYSE:CRM) on Thursday, April 26. On Tuesday, March 13 the insider Wojcicki Susan bought $766,939. The insider Conway Craig sold $161,971. Roos John Victor sold 129 shares worth $14,462. Another trade for 10,000 shares valued at $1.27 million was made by BLOCK KEITH on Tuesday, May 8.

Analysts expect salesforce.com, inc. (NYSE:CRM) to report $0.18 EPS on May, 29 after the close.They anticipate $0.12 EPS change or 200.00 % from last quarter’s $0.06 EPS. CRM’s profit would be $133.72M giving it 176.33 P/E if the $0.18 EPS is correct. After having $0.15 EPS previously, salesforce.com, inc.’s analysts see 20.00 % EPS growth. The stock increased 0.72% or $0.91 during the last trading session, reaching $126.96. About 3.61 million shares traded. salesforce.com, inc. (NYSE:CRM) has risen 39.46% since May 21, 2017 and is uptrending. It has outperformed by 27.91% the S&P500.

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

Among 33 analysts covering Salesforce.com (NYSE:CRM), 29 have Buy rating, 0 Sell and 4 Hold. Therefore 88% are positive. Salesforce.com had 52 analyst reports since November 22, 2017 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Friday, March 2 with “Overweight”. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, November 22 report. Barclays Capital maintained the stock with “Buy” rating in Wednesday, March 21 report. Stephens maintained salesforce.com, inc. (NYSE:CRM) rating on Thursday, March 1. Stephens has “Buy” rating and $125.0 target. On Thursday, March 1 the stock rating was maintained by Stifel Nicolaus with “Buy”. UBS maintained salesforce.com, inc. (NYSE:CRM) on Tuesday, February 6 with “Buy” rating. The firm has “Hold” rating given on Thursday, May 3 by Bernstein. The firm earned “Outperform” rating on Friday, May 4 by Credit Suisse. Deutsche Bank maintained it with “Buy” rating and $140 target in Thursday, March 1 report. Robert W. Baird maintained it with “Buy” rating and $135.0 target in Wednesday, February 28 report.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $94.32 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 746.82 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: Forbes.com which released: “What To Watch For In Salesforce’s Q1 Earnings” on May 16, 2018, also Investorplace.com published article titled: “Trade of the Day: Salesforce.com (CRM)”, Prnewswire.com published: “Salesforce to Join Global Leaders in Paris for Inaugural Tech For Good Summit, Hosted by President of France …” on May 21, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) was released by: Fool.com and their article: “Salesforce.com Won’t Be Running Out of Steam Anytime Soon” with publication date: May 20, 2018.

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

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