Salesforce, Inc. (NYSE:CRM – Free Report) – Research analysts at DA Davidson issued their Q1 2026 EPS estimates for Salesforce in a report released on Thursday, February 27th. DA Davidson analyst G. Luria expects that the CRM provider will post earnings per share of $1.86 for the quarter. DA Davidson has a “Neutral” rating and a $275.00 price target on the stock. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share.
CRM has been the topic of a number of other reports. Needham & Company LLC restated a “buy” rating and set a $400.00 target price on shares of Salesforce in a research report on Thursday. Northland Securities reiterated an “outperform” rating and issued a $440.00 price objective (up from $400.00) on shares of Salesforce in a research report on Wednesday, December 4th. Truist Financial reiterated a “buy” rating and issued a $400.00 price objective (up from $380.00) on shares of Salesforce in a research report on Wednesday, December 4th. Wedbush reiterated an “outperform” rating and issued a $425.00 price objective on shares of Salesforce in a research report on Wednesday, December 18th. Finally, Erste Group Bank upgraded shares of Salesforce from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, thirty-two have issued a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Salesforce currently has an average rating of “Moderate Buy” and a consensus price target of $365.32.
Salesforce Stock Performance
Shares of CRM opened at $294.80 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. The firm has a market cap of $282.12 billion, a PE ratio of 48.49, a price-to-earnings-growth ratio of 2.58 and a beta of 1.31. The company’s 50 day simple moving average is $330.03 and its 200-day simple moving average is $306.89. Salesforce has a 12-month low of $212.00 and a 12-month high of $369.00.
Salesforce (NYSE:CRM – Get Free Report) last released its quarterly earnings data on Tuesday, December 3rd. The CRM provider reported $2.41 earnings per share for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.03). The company had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.35 billion. Salesforce had a return on equity of 12.34% and a net margin of 15.96%. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.62 EPS.
Salesforce Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, December 18th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.54%. The ex-dividend date was Wednesday, December 18th. Salesforce’s payout ratio is 26.32%.
Insider Activity at Salesforce
In other Salesforce news, insider Miguel Milano sold 458 shares of Salesforce stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $307.97, for a total value of $141,050.26. Following the completion of the sale, the insider now owns 5,864 shares in the company, valued at $1,805,936.08. The trade was a 7.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Sundeep G. Reddy sold 436 shares of Salesforce stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $332.28, for a total value of $144,874.08. Following the completion of the sale, the chief accounting officer now owns 7,057 shares of the company’s stock, valued at $2,344,899.96. This trade represents a 5.82 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,102,572 shares of company stock valued at $381,283,706. 3.20% of the stock is owned by insiders.
Institutional Trading of Salesforce
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Salesforce in the 4th quarter valued at about $392,649,000. Brooklyn FI LLC purchased a new stake in shares of Salesforce during the 4th quarter worth about $2,921,000. Brucke Financial Inc. purchased a new stake in shares of Salesforce during the 4th quarter worth about $1,449,000. Azzad Asset Management Inc. ADV grew its holdings in shares of Salesforce by 0.6% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 17,904 shares of the CRM provider’s stock worth $5,986,000 after purchasing an additional 104 shares during the period. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of Salesforce during the 4th quarter worth about $25,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.
About Salesforce
Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.
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