For its first fiscal quarter (ending April 30), SALESFORCE INC (NYSE: CRM) has reported E.P.S. of $1.58 compared to $0.20 a year ago. For the latest four quarters through April 30, E.P.S. were $5.63 versus $0.38 for the same period a year ago.
Recent Price Action
SALESFORCE INC (NYSE: CRM) stock rose modestly by 0.7% on 5/29/24. The stock closed at $271.62. Moreover, trading volume in this advance was exceptionally high at 256% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -5.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CRM is expected to continue to be a major Value Builder.
SALESFORCE INC has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. SALESFORCE INC has a slightly negative Appreciation Score of 32 but a good Power Rating of 84, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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