Salesforce Inc (CRM) concluded trading on Wednesday at a closing price of $326.90, with 3.79 million shares of worth about $1.24 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 29.42% during that period and on January 08, 2025 the price saw a gain of about 0.61%. Currently the company’s common shares owned by public are about 956.00M shares, out of which, 932.31M shares are available for trading.
Stock saw a price change of -2.22% in past 5 days and over the past one month there was a price change of -9.69%. Year-to-date (YTD), CRM shares are showing a performance of -2.22% which increased to 25.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $212.00 but also hit the highest price of $369.00 during that period. The average intraday trading volume for Salesforce Inc shares is 5.81 million. The stock is currently trading -4.20% below its 20-day simple moving average (SMA20), while that difference is down -1.62% for SMA50 and it goes to 15.64% higher than SMA200.
Salesforce Inc (NYSE: CRM) currently have 956.00M outstanding shares and institutions hold larger chunk of about 81.35% of that.
The stock has a current market capitalization of $312.84B and its 3Y-monthly beta is at 1.31. PE ratio of stock for trailing 12 months is 53.78, while it has posted earnings per share of $6.08 in the same period. Its PEG reads 3.26 and has Quick Ratio of 1.01 while making debt-to-equity ratio of 0.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRM, volatility over the week remained 2.38% while standing at 2.50% over the month.
Stock’s fiscal year EPS is expected to rise by 22.13% while it is estimated to increase by 11.83% in next year. EPS is likely to shrink at an annualized rate of 16.50% for next 5-years, compared to annual growth of 24.06% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Guggenheim on January 06, 2025 offering a Sell rating for the stock and assigned a target price of $247 to it. Coverage by KeyBanc Capital Markets stated Salesforce Inc (CRM) stock as an Overweight in their note to investors on December 13, 2024, suggesting a price target of $440 for the stock. On December 12, 2024, Macquarie Initiated their recommendations, while on December 04, 2024, BMO Capital Markets Reiterated their ratings for the stock with a price target of $425. Stock get a Sector outperform rating from Scotiabank on November 19, 2024.
