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

May 18, 2018 - By Lindsey Sherman

salesforce.com, inc. (NYSE:CRM) LogoInvestors sentiment decreased to 1.19 in Q4 2017. Its down 0.15, from 1.34 in 2017Q3. It fall, 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.
20,264 are owned by Quantbot Technologies Limited Partnership. 4,574 were reported by Bell Comml Bank. Ing Groep Nv has 0.06% invested in salesforce.com, inc. (NYSE:CRM) for 35,244 shares. Hightower Advsrs Lc invested 0.09% in salesforce.com, inc. (NYSE:CRM). Compton Cap Inc Ri accumulated 6,301 shares. Mai Mgmt stated it has 0.03% of its portfolio in salesforce.com, inc. (NYSE:CRM). Hanson Mcclain holds 0.02% of its portfolio in salesforce.com, inc. (NYSE:CRM) for 2,004 shares. Manufacturers Life The accumulated 1.29 million shares. Supplemental Annuity Collective Trust Of Nj stated it has 0.17% of its portfolio in salesforce.com, inc. (NYSE:CRM). Goodman Corp holds 358 shares. Sumitomo Mitsui Tru Holding invested in 0.33% or 2.48 million shares. First Quadrant L P Ca owns 77,393 shares. United Services Automobile Association stated it has 666,188 shares or 0.19% of all its holdings. Jaffetilchin Investment Partners Ltd Llc accumulated 4,209 shares. Principal Financial invested 0.15% in salesforce.com, inc. (NYSE:CRM).

Since December 11, 2017, it had 4 insider purchases, and 170 sales for $130.43 million activity. $1.83 million worth of stock was sold by Benioff Marc on Friday, April 20. $17,738 worth of stock was sold by Roos John Victor on Thursday, April 19. Another trade for 521 shares valued at $59,054 was made by Weaver Amy E on Monday, January 22. BLOCK KEITH had sold 10,000 shares worth $1.20M. Robbins Cynthia G. sold $61,774 worth of stock or 545 shares. The insider Dayon Alexandre sold 166,299 shares worth $21.47M.

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 176.25 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 0.67% or $0.85 during the last trading session, reaching $126.9. About 615,214 shares traded. salesforce.com, inc. (NYSE:CRM) has risen 39.46% since May 18, 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 55 analyst reports since November 21, 2017 according to SRatingsIntel. As per Thursday, March 1, the company rating was maintained by Citigroup. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Wednesday, March 21 by Credit Suisse. The company was maintained on Thursday, January 18 by Barclays Capital. On Tuesday, May 8 the stock rating was maintained by JMP Securities with “Market Outperform”. Oppenheimer maintained it with “Buy” rating and $135.0 target in Monday, February 26 report. The firm earned “Overweight” rating on Friday, March 2 by Morgan Stanley. As per Thursday, March 1, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Credit Suisse on Thursday, March 1 with “Outperform”. The stock of salesforce.com, inc. (NYSE:CRM) earned “Outperform” rating by BMO Capital Markets on Thursday, March 1. The stock of salesforce.com, inc. (NYSE:CRM) earned “Sell” rating by Bernstein on Wednesday, November 22.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $94.28 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 746.47 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 important recent salesforce.com, inc. (NYSE:CRM) news were published by: Seekingalpha.com which released: “Salesforce bought 4.9M Dropbox shares in Q1” on May 14, 2018, also Bizjournals.com published article titled: “Chandler tech firm raises $4.3 million, sells its CRM business to focus on Salesforce”, Forbes.com published: “What To Watch For In Salesforce’s Q1 Earnings” on May 16, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) was released by: Investorplace.com and their article: “Trade of the Day: Salesforce.com (CRM)” with publication date: May 03, 2018.

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

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