Salesforce Rises on Earnings Beat, Growing Cloud Demand: What Wall Street's Saying

Salesforce.com, inc. (NYSE:CRM): Shares Heading Towards 52-Week High

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 12.86%, and has a solid year to date (YTD) performance of 28.18% which means the stock is constantly adding to its value from the previous fiscal year end price. $51.06 million flowed into the stock on the tick-up and $33.75 million flowed out of the stock on the tick-down, for a money net flow of $17.31 million into the stock.

Salesforce.com, inc. (NYSE:CRM) surged 0.90% to trade at $88.54 during Friday trading session. Moreover, A.R.T. Advisors Llc has 0% invested in the company for 40,300 shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. (NASDAQ:VKTX) traded 59219 shares and was closed at $1.22 per share.

On 5/17/2017 Marc Benioff, Chairman, sold 20,000 with an average share price of $89.11 per share and the total transaction amounting to $1,782,200.00. (CRM) is $97/share according to the consensus of analysts working on the stock, with an expected EPS of $0.31/share for the current quarter. The disclosure for this sale can be found here. The stock has been active on the tape, now trading at $87.75, down from yesterday's close by -0.10%. Insiders own 6.70% of the company's stock. Analysts look for a loss per share of 15 cents and revenue of $488.29 million. Stocks with higher EPS growth rates are generally more preferred by investors than those with slower earnings-per-share growth rates, though in general high growth rates have a propensity to revert over the longer term to more even growth rates. Wedbush reissued an "outperform" rating and set a $102.00 price target (down previously from $105.00) on shares of salesforce.com, inc.in a research report on Monday.

ILLEGAL ACTIVITY WARNING: "salesforce.com, inc".

05/15/2017 - Salesforce.com Inc had its " rating reiterated by analysts at Benchmark. The stock has "Outperform" rating by Macquarie Research on Tuesday, April 26. Deutsche Bank AG restated a "buy" rating and set a $90.00 price target on shares of salesforce.com, inc.in a research report on Tuesday, January 31st. This year company's Earnings per Share (EPS) growth is 322.60% and next year's estimated EPS growth is 21.61%. The company's beta value is at 1.24. This represents an increase of 165% compared to the average daily volume of 7,630 call options. The company's revenue grew by 25% year-on-year (y-o-y) to $2.39 billion for the quarter, primarily driven by a surge in subscription and support across all its cloud products such as Sales, Service, Marketing and Commerce.

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Receive Salesforce.com Inc News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salesforce.com Inc with MarketBeat.com's FREE daily email newsletter. The stock was purchased at an average price of $81.68 per share, with a total value of $99,976.32.

For the next year, sell-side analysts are expecting EPS growth of 30.23% for Salesforce.com, inc. Investors would be reacting to the news announcement by these companies. Guardian Life Insurance Co. of America increased its stake in shares of salesforce.com, inc.by 3.4% in the first quarter. Its comparable store sales grew two percent in the first quarter. On Saturday, February 25 Robbins Cynthia G. sold $70,647 worth of salesforce.com, inc. The firm has "Buy" rating given on Tuesday, September 1 by Cantor Fitzgerald.

A number of equities analysts have commented on CRM shares. Janus Capital Management LLC boosted its position in shares of salesforce.com, inc.by 21.6% in the first quarter.

The stock decreased 1.46% or $0.01 on May 18, reaching $0.68. For CRM, the company now has $1.58 Billion of cash on the books, which is offset by $19.59 Million current liabilities. For the quarter, shares have been noted at 8.57%. Salesforce bought Demandware for $2.8 billion in June, 2016. (CRM) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. If you are accessing this report on another website, it was illegally stolen and republished in violation of global copyright laws. Past 5 years growth of Salesforce.Com Inc (NYSE:CRM) observed at 26.13%, looking forward for the next 5 years it has a strong prediction of 28.32% over growth.

Salesforce.com, inc.is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM).

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