salesforce.com, inc. (NYSE:CRM) Sets 52 Week High Record Of $161.50

salesforce.com, inc. (NYSE:CRM)

February 11th, 2019
salesforce.com, inc. finished up $3.24 Monday which equals a 2.07% increase, closing at $159.91. Furthermore it hit a new 52 week high of $161.50. The next earnings report is expected in approximately 15 days.

CRM outperformed the rest of the Information Technology sector which went 0.00% today.
salesforce.com, inc. is listed on the S&P 500 index, and was one of 306 stocks that rose today. Weighted by market cap, CRM represents about 0.50% of the S&P 500.

Expectations from 41 analysts indicates that salesforce.com, inc. could go up quite a bit (10.67%), while Finbox has calculated (with very high uncertainty) a fair value price of $93.31.

Market Sectors

The market sectors were mixed Monday with a majority of the sectors trending up. Industrials saw the biggest increase of the day (0.55%), while Communication Services saw the biggest drop (-0.63%). Industrials has seen the biggest year-to-date gain at 13.28%.

Energy saw the biggest turnaround from its 5-day performance of -3.25%, as it went up 0.46%. Utilities saw a turn around from its 5-day performance of 2.00% trading down -0.08%.

Sector Breakdown

  • Industrials went up with a 0.55% change.
  • Energy went up with a 0.46% change.
  • Financials went up with a 0.25% change.
  • Real Estate went up with a 0.23% change.
  • Consumer Staples went up with a 0.21% change.
  • Materials went up with a 0.19% change.
  • Consumer Discretionary went up with a 0.18% change.
  • Information Technology stayed even with a 0.00% change.
  • Utilities went down with a -0.08% change.
  • Healthcare went down with a -0.13% change.
  • Communication Services went down with a -0.63% change.

salesforce.com, inc. Info

salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as a field service solution that enables companies to connect agents, dispatchers, and mobile employees through a centralized platform, which helps to schedule and dispatch work, and track and manage jobs in real-time. In addition, the company offers Marketing Cloud to plan, personalize, and optimize one-to-one customer marketing interactions; Commerce Cloud, which enables companies to enhance engagement, conversion, revenue, and loyalty from their customers; and Community Cloud that enables companies to create and manage branded digital destinations for customers, partners, and employees. Further, it provides Quip collaboration platform, which combines documents, spreadsheets, apps, and chat with live CRM data; Salesforce Platform for building enterprise apps, as well as artificial intelligence (AI), no-code, low-code, and code development and integration services, including Trailhead, Einstein AI, Lightning, Internet of Things, Heroku, Analytics, and AppExchange; and solutions for financial services, healthcare, and government. Additionally, the company offers cloud services, such as consulting and implementation services; training services, including instructor-led and online courses; and support and adoption programs. It provides its services through direct sales; and consulting firms, systems integrators, and other partners. salesforce.com, inc. has a partnership with Apple Inc. to develop customer relationship management platform. The company was founded in 1999 and is headquartered in San Francisco, California.

All amounts in USD unless otherwise indicated

CRM daily update
CRM daily update

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