We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Salesforce (CRM) Surpasses Market Returns: Some Facts Worth Knowing
Read MoreHide Full Article
Salesforce (CRM - Free Report) closed at $218.01 in the latest trading session, marking a +2.12% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.31%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 1.6%.
Heading into today, shares of the customer-management software developer had lost 10.31% over the past month, outpacing the Computer and Technology sector's loss of 13.88% and lagging the S&P 500's loss of 3.66%.
Analysts and investors alike will be keeping a close eye on the performance of Salesforce in its upcoming earnings disclosure. The company's earnings report is set to go public on December 2, 2026. It is anticipated that the company will report an EPS of $3.43, marking a 5.54% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $11.46 billion, up 11.73% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $16.72 per share and a revenue of $46.25 billion, representing changes of +33.55% and +11.38%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Salesforce. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Salesforce is carrying a Zacks Rank of #2 (Buy).
Digging into valuation, Salesforce currently has a Forward P/E ratio of 12.77. This signifies a discount in comparison to the average Forward P/E of 20.38 for its industry.
It's also important to note that CRM currently trades at a PEG ratio of 0.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CRM's industry had an average PEG ratio of 1.29 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 80, placing it within the top 33% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Salesforce (CRM) Surpasses Market Returns: Some Facts Worth Knowing
Salesforce (CRM - Free Report) closed at $218.01 in the latest trading session, marking a +2.12% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.31%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 1.6%.
Heading into today, shares of the customer-management software developer had lost 10.31% over the past month, outpacing the Computer and Technology sector's loss of 13.88% and lagging the S&P 500's loss of 3.66%.
Analysts and investors alike will be keeping a close eye on the performance of Salesforce in its upcoming earnings disclosure. The company's earnings report is set to go public on December 2, 2026. It is anticipated that the company will report an EPS of $3.43, marking a 5.54% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $11.46 billion, up 11.73% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $16.72 per share and a revenue of $46.25 billion, representing changes of +33.55% and +11.38%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Salesforce. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Salesforce is carrying a Zacks Rank of #2 (Buy).
Digging into valuation, Salesforce currently has a Forward P/E ratio of 12.77. This signifies a discount in comparison to the average Forward P/E of 20.38 for its industry.
It's also important to note that CRM currently trades at a PEG ratio of 0.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CRM's industry had an average PEG ratio of 1.29 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 80, placing it within the top 33% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.