Stock Update: Salesforce.com Inc (NYSE:CRM) – Salesforce Launches Service Cloud Lightning Snap-Ins: The Future Of Connected Customer Service

[Benzinga] – salesforce.com, inc. (NYSE: CRM ), the Customer Success Platform, revealed that it launched Service Cloud Lightning Snap-ins to support enterprises provide connected, personalized service across any device. … Read more on this. salesforce.com, inc. (CRM) , valued at $56.70B, opened at $83.00. During today’s session, CRM traded between $82.34 to $83.95 with a one year range of $52.60 to $83.95. Salesforce (CRM) shares are currently priced at 81.13x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 7.34x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 37 sell-side analysts are looking at $0.25 per share, which would be $0.06 better than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $1.02 would be a $0.27 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.01 Billion. If reported, that would be a 23.31% increase over the year-ago quarter. Recently, Macquarie Initiated CRM at Outperform (Mar 4, 2016). Previously, Credit Agricole upgraded CRM from Outperform to Buy. When considering if the stock is under or overvalued, the average price target is $96.05, which is 15.72% above where the stock opened this morning. See more in (NYSE:CRM) Similar Articles: Company Update (NYSE:CRM): WIll Salesforce.com (CRM) Stock Rise on Plan to Build New Service on Amazon.com’s Cloud? Stock Update: Salesforce.com Inc (NYSE:CRM) – Salesforce Unveils Marketing Cloud Lightning, Enabling Marketers to Deliver Next-Generation Customer Experiences Company Update: Salesforce.com Inc (NYSE:CRM) – IBM to snap up Salesforce partner for $200 million