salesforce.com, inc. (CRM) Set to Announce Earnings on Thursday
salesforce.com, inc. (NYSE:CRM) is scheduled to post its Q215 quarterly earnings results on Thursday, August 21st. Analysts expect salesforce.com, inc. to post earnings of $0.12 per share and revenue of $1.29 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
salesforce.com, inc. (NYSE:CRM) opened at 54.96 on Wednesday. salesforce.com, inc. has a one year low of $42.11 and a one year high of $67.00. The stock’s 50-day moving average is $54.60 and its 200-day moving average is $56.1. The company’s market cap is $33.745 billion.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated a “positive” rating on shares of salesforce.com, inc. in a research note on Thursday, June 19th. On the ratings front, analysts at Credit Suisse reiterated an “outperform” rating on shares of salesforce.com, inc. in a research note on Thursday, May 29th. They now have a $75.00 price target on the stock, down previously from $80.00. Finally, analysts at Pivotal Research reiterated a “buy” rating on shares of salesforce.com, inc. in a research note on Thursday, May 22nd. They now have a $73.00 price target on the stock, down previously from $74.00. One research analyst has rated the stock with a sell rating, four have issued a hold rating, twenty-six have given a buy rating and two have issued a strong buy rating to the company’s stock. salesforce.com, inc. has a consensus rating of “Buy” and an average price target of $67.24.
In other salesforce.com, inc. news, Director Craig Conway unloaded 500 shares of salesforce.com, inc. stock on the open market in a transaction dated Friday, August 15th. The stock was sold at an average price of $53.78, for a total value of $26,890.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
salesforce.com, inc. is a provider of enterprise cloud computing and social enterprise solutions. The Company provides a customer and collaboration relationship management (NYSE:CRM), applications through the Internet or cloud.
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