CRM - salesforce.com, inc.
| Previous close | 148.24 |
| Open | 157.70 |
| Bid | 151.20 x 900 |
| Ask | 151.49 x 800 |
| Day's range | 150.65 - 158.42 |
| 52-week range | 113.60 - 167.56 |
| Volume | 26,141,890 |
| Avg. volume | 7,222,712 |
| Market cap | 132.677B |
| Beta (3Y monthly) | 0.95 |
| PE ratio (TTM) | 125.89 |
| EPS (TTM) | 1.20 |
| Earnings date | 27 Aug 2019 - 3 Sep 2019 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 183.51 |
- Bloomberg
Salesforce Has to Keep Innovating Own Products, Analyst Walravens Says
Aug.22 -- Pat Walravens, JMP Securities senior analyst, discusses Salesforce.com Inc.'s revenue forecast, its acquisition of Tableau Software Inc. and the company's growth prospects with Bloomberg's Emily Chang on "Bloomberg Technology."
- Yahoo Finance
Salesforce soars, HP CEO exits, Disney set to launch ‘Star Wars’ hotel
Salesforce, HP, Target, DoorDash and Disney are the companies to watch.
- Motley Fool
4 Key Metrics Capture Salesforce's Strong Second-Quarter Performance
Here's why the software-as-a-service giant managed to rise 2.2% on a day the Nasdaq fell 3.2%.
- Motley Fool
What Happened in the Stock Market Today
See why Salesforce climbed and Foot Locker plunged on a tough day for the broader market.
- Motley Fool
Salesforce Pleases Investors Post Multibillion-Dollar Spending Spree
The cloud software provider continues to impress, touting strong second-quarter earnings and an improved outlook for the rest of 2019.
- Zacks
salesforce (CRM) Beats on Q2 Earnings, Ups FY20 Revenue View
salesforce's (CRM) second-quarter fiscal 2020 results gain from solid growth across all its cloud offerings and geographies.
- Motley Fool
Stock Market News: Earnings Send Foot Locker Stumbling, Salesforce Surging
Bad news on trade sent major benchmarks lower early Friday.
- Zacks
Veeva (VEEV) Introduces MuleSoft Connector for Vault Platform
Veeva's (VEEV) Vault platform sees a slew of developments in recent times.
- Reuters - UK Focus
US STOCKS-Futures edge higher before Powell speech
U.S. stock index futures edged higher on Friday as investors looked to Federal Reserve Chair Jerome Powell's speech at a meeting of central bankers in Jackson Hole for confirmation that the central bank will cut interest rates next month. After three straight week of falls on fears about the deepening trade war with China and its impact on growth, the main Wall Street indexes are on course to end the week higher thanks to signs that U.S. consumer demand remains strong. Crucial to the more positive mood, however, is the assumption that the Fed and other central banks, as well as some governments, are ready to take more action to stave off any risk of a slide into recession in the months ahead.
- Motley Fool
Salesforce Posts Record Results and Boosts Full-Year Guidance
Another quarter, another "beat and raise."
- Investing.com
Stocks - Hasbro, Tesla, HP Fall Premarket; Salesforce Rises
Investing.com - Stocks in focus in premarket trading on Friday:
- Investing.com
Stocks: U.S. Futures Rise Ahead of Key Powell Speech
Investing.com - U.S. futures inched higher on Friday ahead of a speech from Federal Reserve Chairman Jerome Powell at the central bank's annual gathering in Jackson Hole, Wyoming.
Motley FoolSalesforce.com Inc (CRM) Q2 2020 Earnings Call Transcript
CRM earnings call for the period ending July 31, 2019.
- Motley Fool
After Hours: Hasbro Makes a $4 Billion Acquisition; Salesforce Posts Forceful Q2
Peppa Pig has a new family, while Salesforce blows past EPS forecasts.
- Zacks
Salesforce.com (CRM) Q2 Earnings and Revenues Surpass Estimates
Salesforce.com (CRM) delivered earnings and revenue surprises of 40.43% and 1.25%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
- Bloomberg
Salesforce Projects Revenue That Tops Analysts’ Estimates
(Bloomberg) -- Salesforce.com Inc. gave a revenue forecast that topped Wall Street’s estimates, signaling the maker of cloud-based applications will continue to see rapid growth due to an expanding product lineup and its latest acquisitions.Revenue will be as much as $4.45 billion in the period ending in October, the San Francisco-based company said Thursday in a statement. Analysts projected $4.18 billion, according to data compiled by Bloomberg.Chief Executive Officers Marc Benioff and Keith Block have charted a new path for the market leader in software for managing customer relationships. This month, the company closed its biggest deal ever, buying Tableau Software Inc. for $15.3 billion and announced an agreement to acquire ClickSoftware Technologies Inc. for $1.35 billion. The Tableau purchase will take Salesforce into the analytics market and help it maintain a torrid pace of growth, even as the company turns 20 years old.Adjusted profit will be 65 cents a share to 66 cents a share in the current period, in line with analysts’ estimates. Salesforce also increased its annual revenue forecast to a range of $16.75 billion to $16.9 billion from $16.45 billion to $16.65 billion.“Their guidance for the year, which includes Tableau, came in above the Street’s expectations,” said Pat Walravens, an analyst at JMP Securities. “It’s looking pretty good.”Shares rose about 7% in extended trading after closing Thursday at $148.24 in New York. The stock has climbed 8.2% this year.Tableau will continue to be operated as a separate brand within Salesforce. When the company announced the acquisition, Benioff said that Seattle, where Tableau is based, will become the site of Salesforce’s second headquarters.In addition to deal-making, the software maker has expanded internationally in an effort to grow sales by more than 20% each quarter. Salesforce announced in July that it would partner with Alibaba Group Holding Ltd. to offer its cloud-based applications in China, even amid a trade war between that country and the U.S. Revenue from the Asia Pacific region increased 26% in the fiscal second quarter, the company said.Sales in the fiscal second quarter increased 22% to $4 billion. Analysts, on average, estimated $3.95 billion. Profit, excluding some items, was 66 cents a share, compared with analysts’ average projection of 47 cents.Daniel Elman, an analyst at Nucleus Research, said investors lowered their expectations leading into the quarter amid a general slowdown in the technology sector and concern that Tableau wouldn’t fold into the company smoothly.“One of the things they harp on about at their conferences is that they are able to keep growing at this pace,” Elman said. “They showed they are still able to perform and meet the benchmarks they set.”Revenue from Sales Cloud, the company’s flagship product, grew 13% to $1.1 billion in the quarter. The company leads the market for sales-tracking software.Service Cloud sales increased 22% to $1.1 billion. The software maker has relied more on this product for growth, taking advantage of businesses’ need for new tools to communicate with the customers.Net income was $91 million, or 11 cents a share, compared with $299 million, or 39 cents a share, a year earlier.(Updates with comments from analyst in the ninth paragraph)\--With assistance from Cecilia Esquivel.To contact the reporters on this story: Nico Grant in San Francisco at ngrant20@bloomberg.net;Olivia Carville in New York at ocarville1@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Investing.com
Salesforce.com Earnings, Revenue Beat in Q2
Investing.com - Salesforce.com (NYSE:CRM) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
- Reuters
Salesforce sees higher quarterly, FY revenue; shares rise 7%
The company said it expects revenue of $4.44 billion to $4.45 billion for the current quarter, topping analysts' expectations of $4.25 billion, according to IBES data from Refinitiv. Salesforce has spent billions of dollars on acquisitions in the last few years, adding companies such as Tableau and MuleSoft, protecting its market share as it battles Microsoft Corp and Oracle Corp .
- Zacks
Fed Updates, Manufacturing Worries, Target Shines & Buy Alibaba Stock - Free Lunch
Fed and manufacturing news, retail updates, including Target's (TGT) impressive report, why Alibaba (BABA) is a Zacks Rank 1 (Strong Buy) stock, and more on this episode of Free Lunch here at Zacks.
- Bloomberg
Salesforce.com Sees Surge in Bullish Bets With Earnings on Deck
(Bloomberg) -- Salesforce.com options are showing a decidedly bullish tilt ahead of its second-quarter earnings report, signaling that investors are betting the business software maker’s results will be better received than those of European counterpart SAP SE last month.There are more than twice as many calls than puts among contracts set to expire Friday in the wake of this afternoon’s release, and options prices imply a 6% earnings-day price move. That’s almost double the 3.1% average of the past eight reports, when rallies outpaced declines five-to-three. The stock has gained 8% this year, compared with a 31% rally in the the S&P 500 Software Index.It’s probably going to be a “noisy” earnings report, given Salesforce.com’s recent acquisition of Tableau Software Inc., according to SunTrust Robison Humphrey analyst Terry Tillman. He said the acquisition closed about two months sooner than targeted and he would expect stability and modest upside for the second-quarter with more catalysts ahead.San Franciso-based Salesforce.com has low exposure to China and is unlikely to reiterate the same concerns around the U.S.- China trade dispute that SAP has, Bloomberg Intelligence analysts Anurag Rana and Gili Naftalovich said in an Aug. 14 research note. Margins are likely to expand as sales growth exceeds the rate of investment in new products and geographies, but the acquisition of Salesforce.org and currency headwinds may weigh on the rate of expansion, they said.SAP, which traded at a record high on July 3, has since fallen 14%, with the decline accelerating after it reported a second-quarter slowdown in new cloud bookings and disappointing margins. Analysts also underscored weak growth in software license revenue, hit by uncertainty in Asia.About 17% of total open interest in Salesforce.com is set to expire on Friday, and implied volatility is elevated at 117% versus a three-month average of 30%.To contact the reporter on this story: Gregory Calderone in New York at gcalderone7@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Richard Richtmyer, Brendan WalshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
Salesforce Reports After The Bell: Impact of Tableau Acquistion Anticipated
Salesforces acquisition of Tableau has caused a lot of uncertainty for shareholders and investors. The stock has underperformed the industry and the broader market.
- Investing.com
Stocks - U.S. Futures on Hold Ahead of Jackson Hole Summit, PMI Data
Investing.com - U.S. futures were slightly down on Thursday as investors waited for more details on Fed policy at the central bank's three-day gathering in Jackson Hole, Wyoming.
- Investing.com
Top 5 Things to Know in the Market on Thursday
Investing.com - Here are the top five things you need to know in financial markets on Thursday, August 22:
