In Thursday’s Wall Street session, Salesforce Inc (NYSE:CRM) shares traded at $279.03, down -0.13% from the previous session.
CRM stock price is now -11.22% away from the 50-day moving average and -3.92% away from the 200-day moving average. The market capitalization of the company currently stands at $268.15B.
With the price target of $311, Stephens recently initiated with Equal-Weight rating for Salesforce Inc (NYSE: CRM). On February 27, 2025, BMO Capital Markets reiterated its ‘Outperform’ rating on the stock by increasing its target price from $375 to quote $367, while ‘Redburn Atlantic’ rates the stock as ‘Buy’
In other news, Weaver Amy E, President and CFO sold 6,221 shares of the company’s stock on Mar 17 ’25. The stock was sold for $1,725,519 at an average price of $277.37. Upon completion of the transaction, the President and CFO now directly owns 46,750 shares in the company, valued at $13.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 17 ’25, Officer AMY WEAVER bought 6,221 shares of the business’s stock. A total of $1,725,519 was incurred on buying the stock at an average price of $277.37. A total of 2.58% of the company’s stock is owned by insiders.
During the past 12 months, Salesforce Inc has had a low of $212.00 and a high of $369.00. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 0.99, and a quick ratio of 0.99. According to the stock market information, the enterprise value for the company is $266185834496, which is based on a 43.87 price-to-earnings ratio, a 3.50 price-to-earnings-growth ratio, and a beta of 1.37. The fifty day moving average price for CRM is $314.3054 and a two-hundred day moving average price translates $290.4186 for the stock.
The latest earnings results from Salesforce Inc (NYSE: CRM) was released for 2025-01-31. The net profit margin was 16.35% and return on equity was 10.26% for CRM. The company reported revenue of $9.99 billion for the quarter, compared to $9.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.6 percent.
