The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Salesforce Inc (NYSE: CRM) closed the day trading at $330.66 down -1.10% from the previous closing price of $334.33. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 4.8 million shares were traded. CRM stock price reached its highest trading level at $338.92 during the session, while it also had its lowest trading level at $327.81.
Ratios:
For a better understanding of CRM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.65. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.
On December 12, 2024, Macquarie started tracking the stock assigning a Neutral rating and target price of $370.
BMO Capital Markets reiterated its Outperform rating for the stock on December 04, 2024, while the target price for the stock was revised from $385 to $425.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when AMY WEAVER bought 6,221 shares for $338.92 per share.
SCHMAIER R DAVID sold 1,785 shares of CRM for $614,040 on Dec 26 ’24. The Pres. & Chief Product Officer now owns 19,116 shares after completing the transaction at $344.00 per share. On Dec 24 ’24, another insider, Millham Brian, who serves as the President and COO of the company, sold 1,662 shares for $343.00 each. As a result, the insider received 570,066 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRM now has a Market Capitalization of 316441624576 and an Enterprise Value of 316399091712. As of this moment, Salesforce’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.40, and their Forward P/E ratio for the next fiscal year is 29.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.51 while its Price-to-Book (P/B) ratio in mrq is 5.40. Its current Enterprise Value per Revenue stands at 8.677 whereas that against EBITDA is 33.858.
Stock Price History:
Over the past 52 weeks, CRM has reached a high of $369.00, while it has fallen to a 52-week low of $212.00. The 50-Day Moving Average of the stock is 0.52%, while the 200-Day Moving Average is calculated to be 17.16%.
Shares Statistics:
Over the past 3-months, CRM traded about 5.85M shares per day on average, while over the past 10 days, CRM traded about 5583960 shares per day. A total of 956.00M shares are outstanding, with a floating share count of 932.31M. Insiders hold about 2.58% of the company’s shares, while institutions hold 81.32% stake in the company. Shares short for CRM as of 1731628800 were 13516352 with a Short Ratio of 2.09, compared to 1728950400 on 13142597. Therefore, it implies a Short% of Shares Outstanding of 13516352 and a Short% of Float of 1.46.
