Salesforce (NYSE:CRM) Releases FY 2025 Earnings Guidance

Salesforce (NYSE:CRM) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 10.030-10.110 for the period, compared to the consensus estimate of 9.890. The company issued revenue guidance of $37.7 billion-$38.0 billion, compared to the consensus revenue estimate of $37.8 billion. Salesforce also updated its FY25 guidance to $10.03-$10.11 EPS.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Loop Capital boosted their price objective on shares of Salesforce from $240.00 to $270.00 and gave the company a hold rating in a research note on Thursday. Needham & Company LLC restated a buy rating and set a $345.00 price target on shares of Salesforce in a research report on Thursday. Evercore ISI reiterated an outperform rating and issued a $300.00 price objective on shares of Salesforce in a research report on Monday, August 26th. Roth Mkm restated a buy rating and set a $335.00 target price on shares of Salesforce in a research report on Thursday. Finally, Bank of America upped their target price on Salesforce from $316.00 to $325.00 and gave the stock a buy rating in a research note on Thursday. Nine equities research analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Salesforce currently has a consensus rating of Moderate Buy and a consensus target price of $302.00.

Salesforce Price Performance

Shares of Salesforce stock opened at $252.90 on Friday. The company’s fifty day simple moving average is $254.28 and its two-hundred day simple moving average is $271.44. Salesforce has a 12-month low of $193.68 and a 12-month high of $318.71. The firm has a market cap of $245.06 billion, a PE ratio of 45.49, a price-to-earnings-growth ratio of 2.22 and a beta of 1.29. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, August 28th. The CRM provider reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.20. Salesforce had a return on equity of 11.57% and a net margin of 15.30%. The company had revenue of $9.33 billion for the quarter, compared to analysts’ expectations of $9.22 billion. During the same period last year, the firm earned $1.63 earnings per share. Salesforce’s quarterly revenue was up 8.5% on a year-over-year basis. As a group, equities analysts expect that Salesforce will post 7.47 EPS for the current year.

Salesforce Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 25th. Investors of record on Tuesday, July 9th were issued a dividend of $0.40 per share. The ex-dividend date was Tuesday, July 9th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.63%. Salesforce’s dividend payout ratio is presently 28.78%.

Insider Buying and Selling

In other Salesforce news, CFO Amy E. Weaver sold 897 shares of the business’s stock in a transaction on Tuesday, July 23rd. The shares were sold at an average price of $255.78, for a total transaction of $229,434.66. Following the transaction, the chief financial officer now directly owns 51,109 shares of the company’s stock, valued at approximately $13,072,660.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Salesforce news, CFO Amy E. Weaver sold 897 shares of Salesforce stock in a transaction that occurred on Tuesday, July 23rd. The stock was sold at an average price of $255.78, for a total transaction of $229,434.66. Following the sale, the chief financial officer now directly owns 51,109 shares of the company’s stock, valued at approximately $13,072,660.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Parker Harris sold 4,200 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $262.97, for a total value of $1,104,474.00. Following the transaction, the insider now owns 117,581 shares in the company, valued at approximately $30,920,275.57. The disclosure for this sale can be found here. Insiders sold 112,964 shares of company stock valued at $27,956,647 over the last quarter. 3.20% of the stock is owned by company 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.