For its third fiscal quarter (ending October 31), SALESFORCE INC (NYSE: CRM) has reported a 27% increase in E.P.S. from $1.26 a year ago to $1.60 in the current quarter. E.P.S. were $6.15 for the latest four quarters through October 31 versus $2.66 for the same period a year ago — an increase of 131%.
Recent Price Action
SALESFORCE INC (NYSE: CRM) stock rose slightly by 0.1% on 12/3/24. The stock closed at $331.43. Moreover, exceptionally high trading volume at 219% of normal accompanied the advance. The stock has declined -3.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
SALESFORCE INC has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SALESFORCE INC has a slightly negative Appreciation Score of 33 and a neutral Power Rating of 56, producing the Low 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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