In the last trading session, 7.16 million shares of the Salesforce Inc (NYSE:CRM) were traded, and its beta was 1.38. Most recently the company’s share price was $263.88, and it changed around $5.48 or 2.12% from the last close, which brings the market valuation of the company to $252.27B. CRM currently trades at a discount to its 52-week high of $369.00, offering almost -39.84% off that amount. The share price’s 52-week low was $227.77, which indicates that the current value has risen by an impressive 13.68% since then.
Salesforce Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.48. If we narrow it down even further, the data shows that 0 out of 59 analysts rate the stock as a Sell; another 13 rate it as Overweight. Among the rest, 12 recommended CRM as a Hold, whereas 32 deemed it a Buy, and 2 rated it as Underweight.
Salesforce Inc (NYSE:CRM) trade information
Instantly CRM has showed a green trend with a performance of 2.12% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 273.75 on recent trading dayincreased the stock’s daily price by 3.61%. The company’s shares are currently down -21.07% year-to-date, but still down -3.07% over the last five days. On the other hand, Salesforce Inc (NYSE:CRM) is -9.24% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $350, which translates to bulls needing to increase their stock price by 24.61% from its current value. Analyst projections state that CRM is forecast to be at a low of $210 and a high of $405.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 112.11%. Salesforce Inc earnings are expected to increase by 10.92% in 2025, but the outlook is positive 12.57% per year for the next five years.
CRM Dividends
Salesforce Inc’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 0.61 percent and its annual dividend per share was 1.62. It is important to note, however, that the 0.61% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
BLACKROCK INC., with 7.7362% or 74.58 million shares worth $19.17 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
