In Wednesday’s Wall Street session, Salesforce Inc (NYSE:CRM) shares traded at $249.84, down -2.00% from the previous session.
CRM stock price is now -13.20% away from the 50-day moving average and -14.64% away from the 200-day moving average. The market capitalization of the company currently stands at $240.10B.
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, AMY WEAVER, Officer bought 6,225 shares of the company’s stock on Apr 15 ’25. The stock was bought for $1,583,453 at an average price of $254.37. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 03 ’25, Director MUNOZ OSCAR bought 3,882 shares of the business’s stock. A total of $998,773 was incurred on buying the stock at an average price of $257.28. This leaves the insider owning 11,843 shares of the company worth $2.96 million. A total of 2.59% 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 $238134247424, which is based on a 39.28 price-to-earnings ratio, a 3.14 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for CRM is $287.8484 and a two-hundred day moving average price translates $292.70206 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.
