Salesforce (CRM, $220.95) tops fiscal Q4 earnings; but disappoints on full-year guidance
Salesforce reported its fiscal fourth quarter earnings that surpassed analysts’ expectations. However, the cloud-based software company’s full-year guidance that is below analysts’ forecasts.
Adjusted earnings for the quarter ending Jan. 31 came in at $1.04 per share, compared to 75 cents per share as expected by analysts, according to Refinitiv.
Revenue rose +20% from the year-ago quarter to $5.82 billion also exceeding the $5.68 billion expected by analysts.
Salesforce expects 88 cents to 89 cents in adjusted earnings per share in the fiscal first quarter on $5.875 billion to $5.885 billion in revenue. Analysts polled by Refinitiv had predicted adjusted earnings of 76 cents per share on $5.72 billion in revenue.
For fiscal 2022, however, the company projected adjusted earnings of between $3.39 and $3.41 a share, below Wall Street estimates of $3.49. It expects revenue in the range of $25.65 billion to $25.75 billion -that includes $600 million in revenue from Slack.
CRM in downward trend: price dove below 50-day moving average on January 07, 2025
CRM moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend. In of 33 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CRM as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock slightly better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CRM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.916) is normal, around the industry mean (31.338). P/E Ratio (71.967) is within average values for comparable stocks, (158.237). Projected Growth (PEG Ratio) (1.620) is also within normal values, averaging (2.763). Dividend Yield (0.001) settles around the average of (0.084) among similar stocks. P/S Ratio (8.532) is also within normal values, averaging (58.727).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
a developer of on-demand customer relationship management software technology
Industry PackagedSoftware