Company Update (NYSE:CRM): Salesforce CEO Marc Benioff says he won’t be Hillary Clinton’s running mate

[Business Insider] – Salesforce CEO Marc Benioff has often been mentioned as a possible running mate candidate for… Read more on this. salesforce.com, inc. (CRM) , with a current market cap of $53.80B, started the session at $79.35. Shares have traded today between $79.09 and $79.96 per share with a one year range of $52.60 to $84.48. Salesforce (CRM) shares are currently priced at 83.16x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.21x earnings multiple for the same period. According to a consensus of 24 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. The full-year EPS estimate is $0.95, which would be a $0.20 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.02 Billion. If realized, that would be a 23.93% increase over the year-ago quarter. In terms of ratings, BMO Capital Markets Initiated CRM at Outperform (Jun 15, 2016). Previously, Macquarie Initiated CRM at to Outperform. When considering if perhaps the stock is under or overvalued, the average price target is $97.11, which is 22.38% 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