Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Salesforce Inc (NYSE: CRM) closed at $324.93 down -1.69% from its previous closing price of $330.53. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 4.63 million shares were traded. CRM stock price reached its highest trading level at $331.5 during the session, while it also had its lowest trading level at $322.91.
Ratios:
For a deeper understanding of Salesforce Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.19. 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 13, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $440.
On December 12, 2024, Macquarie started tracking the stock assigning a Neutral rating and target price of $370.Macquarie initiated its Neutral rating on December 12, 2024, with a $370 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 02 ’25 when Weaver Amy E sold 6,221 shares for $338.92 per share. The transaction valued at 2,108,421 led to the insider holds 45,861 shares of the business.
AMY WEAVER bought 6,221 shares of CRM for $2,108,421 on Jan 02 ’25. On Dec 26 ’24, another insider, SCHMAIER R DAVID, who serves as the Pres. & Chief Product Officer of the company, sold 1,785 shares for $344.00 each. As a result, the insider received 614,040 and left with 19,116 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 310957998080 and an Enterprise Value of 316399091712. As of this moment, Salesforce’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.46, and their Forward P/E ratio for the next fiscal year is 28.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.36 while its Price-to-Book (P/B) ratio in mrq is 5.31. 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 -1.99%, while the 200-Day Moving Average is calculated to be 14.98%.
Shares Statistics:
For the past three months, CRM has traded an average of 5.81M shares per day and 4990800 over the past ten days. 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 81.34% stake in the company. Shares short for CRM as of 1731628800 were 13516352 with a Short Ratio of 2.11, compared to 1728950400 on 13142597. Therefore, it implies a Short% of Shares Outstanding of 13516352 and a Short% of Float of 1.46.
