SALESFORCE INC (NYSE: CRM) has reported E.P.S. of $1.48 for its second fiscal quarter (ending July 31) versus $1.30 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $5.81 compared to $1.61 a year ago.
Recent Price Action
SALESFORCE INC (NYSE: CRM) stock closed at $258.90 on 8/28/24 after a decline of -2.0%. Moreover, unusually high trading volume at 179% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -1.1% 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 D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. SALESFORCE INC has a slightly negative Power Rating of 36 and a slightly negative Appreciation Score of 36, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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