Currently, there are 962.00M common shares owned by the public and among those 936.20M shares have been available to trade.
The company’s stock has a 5-day price change of -6.88% and -25.82% over the past three months. CRM shares are trading -18.37% year to date (YTD), with the 12-month market performance down to -10.16% lower. It has a 12-month low price of $212.00 and touched a high of $369.00 over the same period. CRM has an average intraday trading volume of 6.70 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -11.17%, -15.63%, and -5.84% respectively.
Institutional ownership of Salesforce Inc (NYSE: CRM) shares accounts for 81.94% of the company’s 962.00M shares outstanding.
It has a market capitalization of $262.26B and a beta (3y monthly) value of 1.37. The stock’s trailing 12-month PE ratio is 42.90, while the earnings-per-share (ttm) stands at $6.36. The company has a PEG of 3.43 and a Quick Ratio of 0.99 with the debt-to-equity ratio at 0.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.61% over the week and 2.91% over the month.
Earnings per share for the fiscal year are expected to increase by 9.30%, and 12.58% over the next financial year. EPS should shrink at an annualized rate of 12.52% over the next five years, compared to 112.11% over the past 5-year period.
Looking at the support for the CRM, a number of firms have released research notes about the stock. BMO Capital Markets stated their Outperform rating for the stock in a research note on February 27, 2025, with the firm’s price target at $375-$367. TD Cowen was of a view on January 17, 2025 that the stock is Buy, while Guggenheim gave the stock Sell rating on January 06, 2025, issuing a price target of $247. KeyBanc Capital Markets on their part issued Overweight rating on December 13, 2024.
