Salesforce today
- 52 weeks
- 226.48 dollars
▼
$ 369.00
- Profit
- 0.66 %
- P/E ratio.
- 36.32
- The target price
- $ 331.34
Salesforce’s New York: CRM The Q3 and the directions of the entire year’s revenue were disappointing, which raised a significant decline in the share price of technology investors to benefit from. Merit is a relative term. In this case, this means that the guidance was as expected: a two -digit growth, the strength of the margin, and a strong cash flow, paid the capital.
The capital return is among the reasons that make the long -term technology investors interested, and strong stock price expectations. Bad news is that amazing directions and influencing analysts’ morale may keep the share price under pressure until later in the year.
Salesforce pays symbolic profits less than 0.7 % with stock trading near their low -term lowest levels. The most important part of the return is the shares resets, which reach more than five times on the basis of the dollar.
Fast food from Q2 is that Reducing re -purchases number More than 1.1 % on average for a quarter and 1.35 % on an annual basis, and is expected to continue at a similar pace-if it does not increase-in the near future. This developing pace of the company may increase, cash flow, and the new board license of $ 20 billion. The latter raised the remaining allocation to 50 billion dollars, enough to maintain the rate of the second quarter for the next five years.
Salesforce Q2 is a force that overwhelmed with cautious guidance
Salesforce got a strong quarter in the second quarter with 9.8 % increased revenue as mentioned and 9 % based on the fixed currency (CC). The upper line exceeded the Markbeat consensus of about 100 basis points, with strength in the Cloud and AI sectors. Subscriptions and support, the raw category, grew by 11 % and 9 % cubic ° C, while cloud data and AI, growth columns, advanced 120 %.
The margin is another area of strength that investors should focus on. The company grows profitable and expand its total margins and operation. The clear result is to increase 30 basis points in net income to 18 % of revenues and excel in a minimum.
the The average EPS of $ 2.91 is more than ten cents higher than expectationsIt is expected that the force will continue during the end of the year. Although revenue guidelines were lukewarm, as they come as expected, profit guidelines have been improved to a higher range of consensus, with strength in the fourth quarter.
Among the decisive details of expectations for 12 % free cash flow growth In the middle of the target range.
The public budget for Salesforce emphasizes the power of work Film reliability capital. At the end of Q2, prominent points include lifting ratios of the castle quality, a net cash network for long -term debts, and the height of the shares despite the aggressive re -purchases.
The shares gradually increased, while the treasury shares increased by 25 % to more than 24 billion dollars.
Salsforce Terminal Timor: The range is narrowing around consensus
Slesforce today
$ 331.34
32.41 % upModerate purchase
Based on 37 analyst classification
| The current price | $ 250.23 |
|---|---|
| High expectations | 430.00 dollars |
| Average expectations | $ 331.34 |
| Low expectations | 221.00 dollars |
Salsforce forecast details
Salsforce analyst reduces its price goals after updating the Q2 and LUADANCE version, but don’t read much in the movements. Narrowing the scope of discounts around the target price, which is expected to rise 35 % of critical support goals.
Likewise, institutional activity is strong this year and suggests Strong support Near trading levels in September and a low end of the target scope for analysts.
CRM price movement was withdrawn after the update, but this step is unlikely to extend this month. The stock price is located near the low end of the target scale for analysts and the support goals that have been confirmed several times, which raises this market to apostasy.
The most important danger is that the price of CRM will flow near the current levels indefinitely. However, this is unexpected due to growth and expectations for the return of capital. The question is how much time will remain the stocks near its lowest levels before activating the feelings of analysts and the bounce begins.
The most likely catalyst is the results of the third quarter profits, which are not worth until early December.
Before you think about Salesforce, you will want to hear this.
Marketbeat follows the best research analyst at Wall Street, the best performance in Wall Street and the stocks they recommend to their customers on a daily basis. Marketbeat has selected the five shares that the top analysts quietly whispered to their customers to buy now before wiping the broader market … Salsforce was not on the list.
While Salesforce currently has a moderate purchase classification among analysts, higher -rated analysts believe that these five stocks buy better.
Show the five stocks here
Explore the bolder Elon Musk projects – from artificial intelligence and independence to space colonization – and know how investors can ride the next wave of innovation.
