Salesforce.com (CRM) Falls More Steeply Than Broader Market: What Investors Need to Know

In the latest trading session, Salesforce.com (CRM) closed at $330.66, marking a -1.1% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.22%. On the other hand, the Dow registered a loss of 0.36%, and the technology-centric Nasdaq decreased by 0.16%.Heading into today, shares of the customer-management software developer had lost 9.12% over the past month, lagging the Computer and Technology sector's gain of 1.86% and the S&P 500's loss of 2.36% in that time.The investment community will be paying close attention to the earnings performance of Salesforce.com in its upcoming release. The company's upcoming EPS is projected at $2.61, signifying a 13.97% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $10.04 billion, showing an 8.06% escalation compared to the year-ago quarter.In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $10.03 per share and a revenue of $37.92 billion, indicating changes of +22.02% and +8.79%, respectively, from the former year.Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Salesforce.com. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.9% fall in the Zacks Consensus EPS estimate. Currently, Salesforce.com is carrying a Zacks Rank of #3 (Hold).In terms of valuation, Salesforce.com is presently being traded at a Forward P/E ratio of 33.33. Its industry sports an average Forward P/E of 29.49, so one might conclude that Salesforce.com is trading at a premium comparatively.It is also worth noting that CRM currently has a PEG ratio of 2.25. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Computer - Software industry was having an average PEG ratio of 2.27.The Computer - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 86, placing it within the top 35% of over 250 industries.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Just Released: Zacks Top 10 Stocks for 2024Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want 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 Salesforce Inc. (CRM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks