An Evaluation Of Salesforce Inc (NYSE: CRM) Prospects

After Hours

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Stocks Info

CRM belongs to the Technology sector of the NYSE while operating in the Software – Application industry. The current market capitalization of Salesforce Inc is $244.60B. A total of 7.01 million shares were traded on the day, compared to an average of 8.33M shares.

In the most recent transaction, Harris Parker sold 4,200 shares of CRM for 256.24 per share on Jul 02 ’24. After the transaction, the Co-Founder and CTO, Slack now owns 116,693 company shares. In a previous transaction on Jun 28 ’24, Millham Brian sold 2,018 shares at 260.00 per share. CRM shares that President and COO owns now total 0.

Among the insiders who sold shares, Harris Parker disposed of 5,600 shares on Jun 27 ’24 at a per-share price of $250.17. This resulted in the Co-Founder and CTO, Slack holding 116,693 shares of CRM after the transaction. In another insider transaction, Harris Parker sold 2,800 shares at $241.42 per share on Jun 25 ’24. Company shares held by the Co-Founder and CTO, Slack now total 116,693.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Salesforce Inc pays an annual dividend of $0.80, resulting in a dividend yield of 0.32%, and it has a price to earnings (P/E) ratio of 45.40. CRM’s most recent ex-dividend date was 7/9/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 7/25/2024. Previously, the company paid the dividend on 4/11/2024 with an ex-dividend date of 3/13/2024. The CRM stock dividend was $0.40 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CRM has a high of $318.71 and a low of $193.68.

As of this writing, CRM has an earnings estimate of $2.36 per share for the current quarter. EPS was calculated based on a consensus of 36.0 estimates, with a high estimate of $2.41 per share and a lower estimate of $2.34. The company reported an EPS of $2.12 in the last quarter

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CRM’s latest balance sheet shows that the firm has $10.54B in Cash & Short Term Investments as of fiscal 2022. There were $13.98B in debt and $21.79B in liabilities at the time. Its Book Value Per Share was $61.47, while its Total Shareholder’s Equity was $58.13B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRM is Buy with a score of 4.30.

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