$0.18 EPS Expected for salesforce.com, inc. (CRM)

May 16, 2018 - By Kenneth Lin

salesforce.com, inc. (NYSE:CRM) LogoInvestors sentiment decreased to 1.19 in Q4 2017. Its down 0.15, from 1.34 in 2017Q3. It is negative, 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.
Moors & Cabot owns 13,926 shares for 0.19% of their portfolio. Richard Bernstein Llc has 41,259 shares for 0.19% of their portfolio. Venator Management accumulated 24,439 shares or 2.14% of the stock. Asset Management stated it has 0.05% of its portfolio in salesforce.com, inc. (NYSE:CRM). Drw Securities Limited Liability reported 9,624 shares. Aviva Public holds 0.33% or 574,478 shares in its portfolio. Baystate Wealth Management invested in 0% or 84 shares. Df Dent Co reported 2,103 shares. The Indiana-based Old Bank & Trust In has invested 0.12% in salesforce.com, inc. (NYSE:CRM). Tiger Limited Liability reported 745,000 shares. Gateway Investment Advisers Ltd Limited Liability Company holds 121,787 shares. Michigan-based State Treasurer State Of Michigan has invested 0.16% in salesforce.com, inc. (NYSE:CRM). Meiji Yasuda Life Insur owns 18,867 shares or 0.27% of their US portfolio. Bp Plc holds 0.38% or 105,000 shares. Hhr Asset Management has 709,941 shares.

Since December 11, 2017, it had 4 buys, and 166 sales for $126.99 million activity. Benioff Marc sold 5,000 shares worth $595,309. Another trade for 129 shares valued at $13,674 was sold by Roos John Victor. Harris Parker sold $209,383 worth of salesforce.com, inc. (NYSE:CRM) on Tuesday, January 23. 6,000 shares valued at $654,820 were bought by Wojcicki Susan on Tuesday, January 9. The insider BLOCK KEITH sold $1.27 million. $2.49 million worth of stock was sold by Allanson Joe on Friday, January 12.

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 178.85 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 0.50% or $0.64 during the last trading session, reaching $128.77. About 2.44 million shares traded. salesforce.com, inc. (NYSE:CRM) has risen 39.46% since May 17, 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 56 analyst reports since November 17, 2017 according to SRatingsIntel. On Wednesday, March 21 the stock rating was maintained by Barclays Capital with “Buy”. BMO Capital Markets maintained the shares of CRM in report on Wednesday, November 22 with “Buy” rating. The stock has “Buy” rating by Citigroup on Wednesday, February 21. As per Thursday, March 1, the company rating was maintained by Guggenheim. Needham maintained salesforce.com, inc. (NYSE:CRM) on Wednesday, November 22 with “Hold” rating. The stock has “Buy” rating by Cowen & Co on Tuesday, November 21. On Thursday, March 1 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. Wells Fargo maintained the shares of CRM in report on Wednesday, November 22 with “Buy” rating. The stock of salesforce.com, inc. (NYSE:CRM) has “Market Outperform” rating given on Tuesday, May 8 by JMP Securities. The rating was maintained by Credit Suisse with “Outperform” on Thursday, March 1.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $95.67 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 757.47 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 notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Streetinsider.com which released: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018, also Bizjournals.com with their article: “Chandler tech firm raises $4.3 million, sells its CRM business to focus on Salesforce” published on May 16, 2018, Seekingalpha.com published: “Salesforce bought 4.9M Dropbox shares in Q1” on May 14, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Benzinga.com and their article: “Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio” published on May 16, 2018 as well as Forbes.com‘s news article titled: “What To Watch For In Salesforce’s Q1 Earnings” with publication date: May 16, 2018.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: