Reading the Tea Leaves for Salesforce.com, inc. (CRM)

Reading the Tea Leaves for Salesforce.com, inc. (CRM)

Analysts believe that we could see stock price minimum in the $44 range (lowest target price), allowing for another -13.67% drop from its current position. The brokerage now has a $114.00 price objective on the CRM provider's stock. Barclays PLC's price target would indicate a potential upside of 7.38% from the stock's previous close.

A number of other large investors have also bought and sold shares of the stock.

PRICE T ROWE ASSOCIATES INC /MD/ lowered its stake in Salesforce.com, inc. Finally, Canaccord Genuity reissued a "buy" rating on shares of Salesforce.com in a research note on Monday, September 11th.

During the recent trading sessions stock of Salesforce.com, inc.

A total of 43 brokerages have issued a ratings update on Salesforce.com.

Depending on the earnings numbers reported, Salesforce.com, inc.

FSMNews
Mn Services Vermogensbeheer BV Acquires 3800 Shares of Salesforce.com Inc (NYSE:CRM)

The company's ATR (Average True Range) is 1.99. (NYSE:CRM) for 2,415 shares. 5,578,500 shares of the company were exchanged, compared to its average volume of 4,366,885. Salesforce.com has a fifty-two week low of $66.43 and a fifty-two week high of $109.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.77 and a current ratio of 0.77.

(NYSE:CRM) last announced its quarterly earnings data on Tuesday, August 22nd. The CRM provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.24. The Return on Investment and Return on Equity (ROE) values are 16.5 percent and 26 percent, respectively. The firm's revenue for the quarter was up 25.7% compared to the same quarter a year ago.

At the moment 46 analysts are watching Salesforce.com Inc (NASDAQ:CRM), 21 rate it "Buy", 21 "Outperform", 3 "Underperform", 1 "Sell", while 0 "Hold".

TRADEMARK VIOLATION NOTICE: This report was originally reported by Week Herald and is the sole property of of Week Herald. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States and global trademark and copyright laws.

Salesforce.com, inc. (NYSE:CRM) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move.

Now insiders hold 38,599,280 shares in the business which makes up 5.37% of shares. The shares were sold at an average price of $92.61, for a total value of $743,287.86. Finally, Vetr downgraded shares of Salesforce.com from a "buy" rating to a "hold" rating and set a $93.21 target price for the company.in a research note on Wednesday, August 9th. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Its share price has risen 18.21% in three months and is up 0.28% for the last five trades. The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The disclosure for this sale can be found here. According to this momentum indicator, a reading above 70 suggests the stock is entering overbought territory and that the recent uptrend may be about to reverse. Salesforce.Com now has $77.17 billion valuation. Following the completion of the transaction, the insider now owns 154,406 shares of the company's stock, valued at approximately $15,286,194. GSA Capital Partners LLP raised its position in Salesforce.com by 85.3% in the third quarter. (NYSE:CRM). Hanson Mcclain Inc reported 2,000 shares or 0.02% of all its holdings. Salesforce.com, inc.'s trailing 12- months EPS is -0.12. Northland Capital maintained salesforce.com, inc.

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