Stock Update (NYSE:CRM): Salesforce CEO Marc Benioff slams UK government leaders for doing ‘too little, too late’

[Business Insider] – Salesforce CEO Marc Benioff is one of the most vocal activist CEOs, earning the nickname… Read more on this. salesforce.com, inc. (CRM) , valued at $52.54B, began trading this morning at $77.55. Today, shares have traded between $76.60 and $77.91 per share with a trailing 52-week range being $52.60 to $84.48. CRM shares are currently priced at 80.07x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.21x forward p/e ratio. According to a consensus of 23 analysts, the earnings estimate of $0.22 per share would be $0.03 better than the year-ago quarter and a $0.03 sequential decrease. Investors should also note that the full-year EPS estimate of $0.95 is a $0.20 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.02 Billion. If reported, that would be a 23.93% increase over the year-ago quarter. More recently, BMO Capital Markets Initiated CRM at Outperform (Jun 15, 2016). Previously, Macquarie Initiated CRM at to Outperform. Investors should keep in mind is that the average price target is $97.16, which is 25.29% above where the stock opened this morning. See more in (NYSE:CRM) Similar Articles: Stock Update: Salesforce.com Inc (NYSE:CRM) – Salesforce Chairman and CEO Marc Benioff to Participate in the World Economic Forum Annual Meeting of the New Champions 2016 Company Update: Salesforce.com Inc (NYSE:CRM) – Salesforce just paid Marc Benioff a $2.3 million bonus, on top of the $56 million he made in four months selling stock Company Update: Salesforce.com Inc (NYSE:CRM) – Salesforce just bought a machine learning startup that was backed by its CEO Marc Benioff
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