Salesforce logged a 3.6% change during today's afternoon session, and is now trading at a price of $321.95 per share. The S&P 500 index moved 0.0%. CRM's trading volume is 8,479,802 compared to the stock's average volume of 5,236,518.
Salesforce trades 1.31% away from its average analyst target price of $317.8 per share. The 41 analysts following the stock have set target prices ranging from $236.0 to $415.0, and on average have given Salesforce a rating of buy.
If you are considering an investment in CRM, you'll want to know the following:
-
Salesforce's current price is 325.5% above its Graham number of $75.67, which implies that at its current valuation it does not offer a margin of safety
-
Salesforce has moved 49.5% over the last year, and the S&P 500 logged a change of 35.9%
-
Based on its trailing earnings per share of 5.73, Salesforce has a trailing 12 month Price to Earnings (P/E) ratio of 56.2 while the S&P 500 average is 29.3
-
CRM has a forward P/E ratio of 28.9 based on its forward 12 month price to earnings (EPS) of $11.13 per share
-
The company has a price to earnings growth (PEG) ratio of 1.89 — a number near or below 1 signifying that Salesforce is fairly valued compared to its estimated growth potential
-
Its Price to Book (P/B) ratio is 5.35 compared to its sector average of 3.91
-
Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide.
-
Based in San Francisco, the company has 72,682 full time employees and a market cap of $307.78 Billion. Salesforce currently returns an annual dividend yield of 0.3%.