$0.12 EPS Expected for salesforce.com, inc. (CRM)

August 13, 2018 - By Darrell Taylor

salesforce.com, inc. (NYSE:CRM) LogoInvestors sentiment increased to 1.44 in Q1 2018. Its up 0.25, from 1.19 in 2017Q4. It improved, as 48 investors sold salesforce.com, inc. shares while 254 reduced holdings. 132 funds opened positions while 304 raised stakes. 608.53 million shares or 0.05% more from 608.21 million shares in 2017Q4 were reported.
Clear Harbor Asset Mgmt Ltd accumulated 0.09% or 3,788 shares. City owns 0.01% invested in salesforce.com, inc. (NYSE:CRM) for 176 shares. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in salesforce.com, inc. (NYSE:CRM) for 1.82 million shares. The New York-based Sachem Head Capital Mgmt Lp has invested 7.58% in salesforce.com, inc. (NYSE:CRM). Tiger Glob Management Ltd Liability owns 2.26 million shares or 1.75% of their US portfolio. Bbva Compass Commercial Bank, Texas-based fund reported 3,886 shares. Natixis Advsrs Ltd Partnership holds 0.06% or 56,210 shares in its portfolio. Douglass Winthrop Limited holds 0.06% or 10,798 shares in its portfolio. Cibc Natl Bank Usa has invested 0.04% in salesforce.com, inc. (NYSE:CRM). Guggenheim Capital Limited Liability reported 1.06 million shares. Highland Cap Management Lc holds 0.09% or 10,293 shares in its portfolio. Alley Co Ltd Liability Corp owns 2,000 shares. Signaturefd accumulated 1,669 shares. Louisiana State Employees Retirement System holds 41,900 shares or 0.22% of its portfolio. Connecticut-based Webster Bank & Trust N A has invested 0.46% in salesforce.com, inc. (NYSE:CRM).

Since February 13, 2018, it had 6 insider buys, and 222 sales for $189.32 million activity. $1.21 million worth of stock was sold by BLOCK KEITH on Tuesday, May 1. $24,492 worth of stock was sold by Roos John Victor on Thursday, June 21. Another trade for 760 shares valued at $96,341 was sold by Dayon Alexandre. Robbins Cynthia G. sold $32,908 worth of stock or 290 shares. 542 shares valued at $69,414 were sold by Conway Craig on Thursday, March 15. 1,090 shares were sold by Hawkins Mark J, worth $137,291 on Tuesday, May 22.

Analysts expect salesforce.com, inc. (NYSE:CRM) to report $0.12 EPS on August, 28.They anticipate $0.03 EPS change or 33.33 % from last quarter’s $0.09 EPS. CRM’s profit would be $89.15 million giving it 303.15 P/E if the $0.12 EPS is correct. After having $0.52 EPS previously, salesforce.com, inc.’s analysts see -76.92 % EPS growth. The stock decreased 0.21% or $0.31 during the last trading session, reaching $145.51. About 2.75M shares traded. salesforce.com, inc. (NYSE:CRM) has risen 40.20% since August 13, 2017 and is uptrending. It has outperformed by 27.63% the S&P500.

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

Among 31 analysts covering Salesforce.com (NYSE:CRM), 29 have Buy rating, 0 Sell and 2 Hold. Therefore 94% are positive. Salesforce.com had 54 analyst reports since February 15, 2018 according to SRatingsIntel. The stock of salesforce.com, inc. (NYSE:CRM) earned “Overweight” rating by Morgan Stanley on Friday, March 2. Piper Jaffray maintained salesforce.com, inc. (NYSE:CRM) on Tuesday, March 20 with “Buy” rating. The company was maintained on Wednesday, May 30 by Barclays Capital. The company was maintained on Tuesday, July 24 by Stifel Nicolaus. As per Thursday, March 1, the company rating was maintained by Stephens. On Wednesday, March 21 the stock rating was maintained by Credit Suisse with “Buy”. Canaccord Genuity maintained it with “Buy” rating and $15000 target in Wednesday, May 30 report. The stock of salesforce.com, inc. (NYSE:CRM) has “Hold” rating given on Thursday, May 3 by Bernstein. The company was maintained on Wednesday, May 30 by Stifel Nicolaus. As per Wednesday, May 30, the company rating was maintained by Robert W. Baird.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $108.10 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 229.51 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 recent salesforce.com, inc. (NYSE:CRM) news were published by: Fool.com which released: “Salesforce Earnings: What to Watch” on August 10, 2018. Also Benzinga.com published the news titled: “Hubspot’s Quarterly Earnings Growth: A Sign Of Good Things To Come?” on July 26, 2018. Fool.com‘s news article titled: “Salesforce.com Could Win Big Betting on Its Einstein AI” with publication date: August 12, 2018 was also an interesting one.

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

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