Salesforce logged a -4.9% change during today's afternoon session, and is now trading at a price of $243.78 per share. The S&P 500 index moved 1.0%. CRM's trading volume is 25,240,230 compared to the stock's average volume of 7,689,443.
Salesforce trades -27.49% away from its average analyst target price of $336.19 per share. The 51 analysts following the stock have set target prices ranging from $221.0 to $430.0, 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:
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Salesforce's current price is 157.1% above its Graham number of $94.83, which implies that at its current valuation it does not offer a margin of safety
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Salesforce has moved 4.2% over the last year, and the S&P 500 logged a change of 17.2%
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Based on its trailing earnings per share of 6.87, Salesforce has a trailing 12 month Price to Earnings (P/E) ratio of 35.5 while the S&P 500 average is 29.3
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CRM has a forward P/E ratio of 21.9 based on its forward 12 month price to earnings (EPS) of $11.13 per share
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Its Price to Book (P/B) ratio is 3.8 compared to its sector average of 4.19
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Salesforce, Inc. provides customer relationship management (CRM) technology that connects companies and customers together worldwide.
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Based in San Francisco, the company has 76,453 full time employees and a market cap of $233.05 Billion. Salesforce currently returns an annual dividend yield of 0.3%.