Salesforce.com (CRM) Outperforms Broader Market: What You Need to Know

Group 1: Stock Performance - Salesforce.com (CRM) closed at $267.22, with a +1.38% increase, outperforming the S&P 500's gain of 0.78% [1] - The stock has decreased by 2.8% over the past month, underperforming the Computer and Technology sector's gain of 8.76% and the S&P 500's gain of 5.88% [1] Group 2: Earnings Projections - The upcoming earnings per share (EPS) for Salesforce.com is projected at $2.77, reflecting an 8.2% increase year-over-year [2] - Revenue is estimated to be $10.13 billion, indicating an 8.66% increase compared to the same quarter last year [2] Group 3: Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of $11.3 per share and revenue of $41.17 billion, representing year-over-year changes of +10.78% and +8.64%, respectively [3] - Recent changes to analyst estimates suggest optimism regarding Salesforce.com's business and profitability [3] Group 4: Valuation Metrics - Salesforce.com has a Forward P/E ratio of 23.33, which is below the industry average Forward P/E of 24.84 [5] - The PEG ratio for CRM is currently 1.81, compared to the Computer - Software industry's average PEG ratio of 2.3 [6] Group 5: Industry Ranking - The Computer - Software industry has a Zacks Industry Rank of 39, placing it in the top 16% of over 250 industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, according to Zacks Rank [7]