Here is What to Know Beyond Why Salesforce Inc. (CRM) is a Trending Stock

Zacks12-20 22:00

Salesforce.com (CRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over ...

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So, you might want to look at some of the facts that could shape the stock's performance in the near term.\nOver ...</p>\n\n<a href=\"https://finance.yahoo.com/news/know-beyond-why-salesforce-inc-140015028.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here is What to Know Beyond Why Salesforce Inc. 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(CRM) is a Trending Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/know-beyond-why-salesforce-inc-140015028.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Salesforce.com (CRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.\nOver ...</p>\n\n<a href=\"https://finance.yahoo.com/news/know-beyond-why-salesforce-inc-140015028.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRM","symbol_name":"赛富时","start_time":0,"source_url":"https://finance.yahoo.com/news/know-beyond-why-salesforce-inc-140015028.html","article_id":"2493942612","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/t6.OdXEVKQihFo9otNenfg--~B/aD01NjU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/4f1a8d86cead9f96536efb147945dcc9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493942612","pubTimestamp":1734703215,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Salesforce.com  has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this customer-management software developer have returned +0.1%, compared to the Zacks S&P 500 composite's -0.7% change. During this period, the Zacks Computer - Software industry, which Salesforce.com falls in, has gained 1.4%. The key question now is: What could be the stock's future direction?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.For the next fiscal year, the consensus earnings estimate of $11.14 indicates a change of +11% from what Salesforce.com is expected to report a year ago. Over the past month, the estimate has changed +0.1%.Even though a compa","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CRM":"赛富时"},"translate_title":"除了Salesforce Inc.(CRM)成为热门股票之外，以下是您需要了解的内容","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRM":1},"content_text":"Salesforce.com (CRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.\nOver the past month, shares of this customer-management software developer have returned +0.1%, compared to the Zacks S&P 500 composite's -0.7% change. During this period, the Zacks Computer - Software industry, which Salesforce.com falls in, has gained 1.4%. The key question now is: What could be the stock's future direction?\nAlthough media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.\nRevisions to Earnings Estimates\nRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.\nWe essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.\nFor the current quarter, Salesforce.com is expected to post earnings of $2.61 per share, indicating a change of +14% from the year-ago quarter. The Zacks Consensus Estimate has changed -2.5% over the last 30 days.\nFor the current fiscal year, the consensus earnings estimate of $10.04 points to a change of +22.1% from the prior year. Over the last 30 days, this estimate has changed -0.9%.\nFor the next fiscal year, the consensus earnings estimate of $11.14 indicates a change of +11% from what Salesforce.com is expected to report a year ago. Over the past month, the estimate has changed +0.1%.\nWith an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Salesforce.com.\nThe chart below shows the evolution of the company's forward 12-month consensus EPS estimate:\n12 Month EPS\nProjected Revenue Growth\nEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.\nFor Salesforce.com, the consensus sales estimate for the current quarter of $10.04 billion indicates a year-over-year change of +8.1%. For the current and next fiscal years, $37.92 billion and $41.29 billion estimates indicate +8.8% and +8.9% changes, respectively.\nLast Reported Results and Surprise History\nSalesforce.com reported revenues of $9.44 billion in the last reported quarter, representing a year-over-year change of +8.3%. EPS of $2.41 for the same period compares with $2.11 a year ago.\nCompared to the Zacks Consensus Estimate of $9.34 billion, the reported revenues represent a surprise of +1.13%. The EPS surprise was -0.82%.\nOver the last four quarters, Salesforce.com surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.\nValuation\nNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.\nWhile comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.\nAs part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.\nSalesforce.com is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.\nConclusion\nThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Salesforce.com. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nSalesforce Inc. (CRM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493942612"}