Salesforce, Inc. (NYSE:CRM – Free Report) – Stock analysts at DA Davidson reduced their FY2025 EPS estimates for shares of Salesforce in a research report issued on Wednesday, December 4th. DA Davidson analyst G. Luria now expects that the CRM provider will post earnings of $7.48 per share for the year, down from their previous estimate of $7.56. DA Davidson currently has a “Neutral” rating and a $300.00 price objective on the stock. The consensus estimate for Salesforce’s current full-year earnings is $7.55 per share. DA Davidson also issued estimates for Salesforce’s Q4 2025 earnings at $1.97 EPS and FY2026 earnings at $8.60 EPS.
A number of other brokerages have also weighed in on CRM. Bank of America upped their target price on shares of Salesforce from $390.00 to $440.00 and gave the stock a “buy” rating in a research note on Wednesday. Phillip Securities reaffirmed an “accumulate” rating and issued a $305.00 target price on shares of Salesforce in a research note on Friday, August 30th. The Goldman Sachs Group upped their target price on shares of Salesforce from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday. BMO Capital Markets upped their target price on shares of Salesforce from $385.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Wedbush upped their target price on shares of Salesforce from $325.00 to $375.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Eight equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat, Salesforce currently has an average rating of “Moderate Buy” and an average target price of $372.86.
Salesforce Price Performance
CRM opened at $361.99 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.15. Salesforce has a 12 month low of $212.00 and a 12 month high of $369.00. The company has a fifty day simple moving average of $308.26 and a 200 day simple moving average of $272.43. The stock has a market cap of $346.06 billion, a P/E ratio of 59.54, a P/E/G ratio of 3.00 and a beta of 1.30.
Salesforce (NYSE:CRM – Get Free Report) last issued its earnings results on Tuesday, December 3rd. The CRM provider reported $2.41 EPS for the quarter, missing the consensus estimate of $2.44 by ($0.03). The business had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.35 billion. Salesforce had a net margin of 15.96% and a return on equity of 12.31%. The business’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.62 EPS.
Salesforce Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.44%. Salesforce’s dividend payout ratio (DPR) is presently 26.32%.
Insider Transactions at Salesforce
In related news, insider Sabastian Niles sold 2,484 shares of Salesforce stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $244.81, for a total transaction of $608,108.04. Following the completion of the transaction, the insider now owns 828 shares of the company’s stock, valued at $202,702.68. This trade represents a 75.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Miguel Milano sold 719 shares of Salesforce stock in a transaction on Monday, November 25th. The stock was sold at an average price of $342.81, for a total transaction of $246,480.39. Following the transaction, the insider now directly owns 4,659 shares of the company’s stock, valued at $1,597,151.79. This represents a 13.37 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 140,982 shares of company stock worth $41,591,457. Company insiders own 3.20% of the company’s stock.
Hedge Funds Weigh In On Salesforce
Hedge funds have recently bought and sold shares of the company. Aviance Capital Partners LLC increased its stake in Salesforce by 0.5% in the third quarter. Aviance Capital Partners LLC now owns 6,797 shares of the CRM provider’s stock valued at $1,860,000 after purchasing an additional 33 shares in the last quarter. EWA LLC increased its stake in Salesforce by 1.7% in the third quarter. EWA LLC now owns 2,001 shares of the CRM provider’s stock valued at $548,000 after purchasing an additional 33 shares in the last quarter. Umpqua Bank grew its holdings in shares of Salesforce by 0.4% during the third quarter. Umpqua Bank now owns 7,708 shares of the CRM provider’s stock valued at $2,110,000 after buying an additional 34 shares during the last quarter. Principal Street Partners LLC grew its holdings in shares of Salesforce by 1.0% during the third quarter. Principal Street Partners LLC now owns 3,297 shares of the CRM provider’s stock valued at $891,000 after buying an additional 34 shares during the last quarter. Finally, Nvwm LLC grew its holdings in shares of Salesforce by 1.4% during the third quarter. Nvwm LLC now owns 2,565 shares of the CRM provider’s stock valued at $667,000 after buying an additional 36 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.
Salesforce Company Profile
Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.
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