Salesforce (NYSE:CRM) Releases FY 2025 Earnings Guidance

Salesforce (NYSE:CRM) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 9.980-10.030 for the period, compared to the consensus EPS estimate of 10.110. The company issued revenue guidance of $37.8 billion-$38.0 billion, compared to the consensus revenue estimate of $37.9 billion. Salesforce also updated its Q4 guidance to $2.57-2.62 EPS.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Robert W. Baird raised their price objective on shares of Salesforce from $295.00 to $315.00 and gave the stock an “outperform” rating in a report on Thursday, August 29th. JPMorgan Chase & Co. boosted their price objective on Salesforce from $310.00 to $340.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Erste Group Bank upgraded Salesforce from a “hold” rating to a “buy” rating in a research note on Tuesday, November 19th. Canaccord Genuity Group boosted their price target on Salesforce from $300.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, August 29th. Finally, BMO Capital Markets upped their price target on Salesforce from $305.00 to $385.00 and gave the company an “outperform” rating in a research report on Friday, November 15th. Seven investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $345.31.

Salesforce Stock Up 0.2 %

Shares of NYSE CRM traded up $0.76 during mid-day trading on Tuesday, reaching $331.77. The company had a trading volume of 12,277,464 shares, compared to its average volume of 6,196,970. The stock has a fifty day moving average of $302.12 and a two-hundred day moving average of $270.49. Salesforce has a 12-month low of $212.00 and a 12-month high of $348.86. The company has a market capitalization of $317.17 billion, a price-to-earnings ratio of 57.64, a PEG ratio of 3.00 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.04.

Salesforce (NYSE:CRM) last posted its quarterly earnings results on Tuesday, December 3rd. The CRM provider reported $2.41 EPS for the quarter, missing the consensus estimate of $2.44 by ($0.03). Salesforce had a net margin of 15.44% and a return on equity of 12.01%. The company had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.35 billion. During the same quarter in the prior year, the firm earned $1.62 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. As a group, equities research analysts expect that Salesforce will post 7.54 EPS for the current year.

Salesforce Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 8th. Investors of record on Wednesday, September 18th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, September 18th. This represents a $1.60 annualized dividend and a dividend yield of 0.48%. Salesforce’s payout ratio is 27.83%.

Insider Activity at Salesforce

In other news, CAO Sundeep G. Reddy sold 413 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $285.29, for a total transaction of $117,824.77. Following the completion of the sale, the chief accounting officer now owns 7,006 shares in the company, valued at approximately $1,998,741.74. This represents a 5.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Amy E. Weaver sold 897 shares of the business’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of $285.29, for a total value of $255,905.13. Following the completion of the sale, the chief financial officer now owns 52,930 shares of the company’s stock, valued at approximately $15,100,399.70. This trade represents a 1.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 140,982 shares of company stock valued at $41,591,457. 3.20% of the stock is currently owned by corporate insiders.

About Salesforce

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.