salesforce.com, inc. (CRM) shares are up $4.29, or 6.90%, to $67.20 in after-hours trading Wednesday after the company reported its fourth quarter earnings results.
The cloud software company reported earnings of $0.14 per share on revenues of $1.444 billion, up 26.1% from a year ago. Analysts were expecting EPS of $0.14 on revenues of $1.439 billion.
For Q1’15, CRM provided EPS guidance of $0.13-$0.14 versus consensus of $0.15 per share. The company also issued revenue projection of $1.485-$1.505 billion, compared to the consensus revenue estimate of $1.50 billion.
On valuation measures, Salesforce.com Inc. shares, which currently have an average 3-month trading volume of 4.27 million shares, trade at a forward P/E of 91.09 and a P/E to growth ratio of 4.30. The median Wall Street price target on the name is $72.00 with a high target of $80.00. Currently ticker boasts 34 ‘Buy’ endorsements, compared to 4 ’Holds’ and 3 ‘Sell’.
Profitability-wise, CRM has a t-12 profit and operating margin of (6.18%) and (4.23%), respectively. The $39.66 billion market cap company reported $1.89 billion in cash vs. $2.35 billion in debt in its most recent quarter.
CRM currently prints a one year loss of about 3.10% and a year-to-date return of around 4.40%.
The chart below shows where the equity has traded over the last 52 weeks.
Salesforce.com Inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. The company was founded in 1999 and is headquartered in San Francisco, California.