Noteworthy Stocks to Watch for: Salesforce.com Inc (NYSE:CRM) & Best Buy Co., Inc. (NYSE:BBY)

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Salesforce.com Inc (NYSE:CRM)

Salesforce.com is the market and technology leader in on-demand business services. The company’s Salesforce suite of on-demand CRM applications allows customers to manage and share all of their sales, support, marketing and partner information on-demand. The Salesforce Platform, the world’s first on- demand platform, enables customers, developers and partners to build powerful new on-demand applications that extend beyond CRM to deliver the benefits of multi-tenancy and The Business Web across the enterprise. The Salesforce Platform allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com’s AppExchange directory. Customers can also take advantage of Successforce, salesforce.com’s world-class training, support, consulting and best practices offerings.

Salesforce.com Inc (NYSE:CRM)’s Financial Overview

Salesforce.com Inc (NYSE) surged 1.8% yesterday to close its trading session at $162.79. The company has 1 year Price Target of $173.39. Salesforce.com Inc has 52-Week high of $163.39 and 52-Week Low of $105.93. The stock touched its 52-Week High on 161.50 and 52-Week Low on 105.93. The stock traded with the volume of 5.62 Million shares yesterday. The firm shows the market capitalization of $123.15 Billion.

Salesforce.com Inc (NYSE) reported its last quarterly earnings on 10/30/2018 where the firm reported its Actual EPS of $0.61/share against the analyst consensus estimate of $0.5/share. The difference between the actual and expected EPS is $0.11 a share with a surprise factor of 22%.

The firm is trading with SMA20 of 7.19 Percent, SMA50 of 13.83 Percent and SMA200 of 15.47 percent. Salesforce.com Inc has P/S value of 9.83 while its P/B value stands at 8.42. Similarly, the company has Return on Assets of 3.4 percent, Return on Equity of 6.6 percent and Return on Investment of 2.8 Percent. The company shows Gross Margin and Operating Margin of 74.1 percent and 3.8 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 1.7 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 40 analysts offering 12-month price forecasts for Salesforce.com Inc have a median target of 175.00, with a high estimate of 189.00 and a low estimate of 139.00. The median estimate represents a +7.50% increase from the last price of 162.79.

Salesforce.com Inc is estimated to report earnings on 02/27/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 14 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.23. The reported EPS for the same quarter last year was $0.15.

Best Buy Co., Inc. (NYSE:BBY)

Best Buy is a leading retailer of technology products, services and solutions. The company offers expert service at an unbeatable price to the consumers, small business owners and educators, who visit stores, engage with Geek Squad Agents or use BestBuy.com or the Best Buy app. U.S. population lives within 15 minutes of a Best Buy store, and the company also has operations in Canada and Mexico, where Best Buy has a physical and online presence.

Best Buy Co., Inc. (NYSE:BBY)’s Financial Outlook

The 21 analysts offering 12-month price forecasts for Best Buy Co Inc have a median target of 67.00, with a high estimate of 90.00 and a low estimate of 50.00. The median estimate represents a +11.93% increase from the last price of 59.86.

Best Buy Co., Inc. is expected* to report earnings on 02/27/2019 before market open. The report will be for the fiscal Quarter ending Jan 2019. According to Zacks Investment Research, based on 12 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.57. The reported EPS for the same quarter last year was $2.42.

According to Zacks Investment Research, Best Buy Co., Inc. has a Consensus Recommendation of 2.69. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 2.41% and closed its last trading session at $59.86. The company has the market capitalization of $16.08 Billion. The stock has 52-week high of $84.37 and 52-Week low of $47.72. The firm touched its 52-Week high on 84.37 and 52-Week low on 47.72. The company has volume of 2.97 Million shares. The company has a total of 268.69 Million shares outstanding.

Best Buy Co., Inc. (NYSE) in the last quarter reported its actual EPS of $0.93/share where the analyst estimated EPS was $0.85/share. The difference between the actual and Estimated EPS is $0.08. This shows a surprise factor of 9.4 percent.

The company has YTD performance of 13.03 percent. Beta for Best Buy Co., Inc. stands at 0.91 while its ATR (average true range) is 1.47. The company has Weekly Volatility of 2.01%% and Monthly Volatility of 2.19%%.

Best Buy Co., Inc. has distance from 20-day Simple Moving Average (SMA20) of 2.48%, Distance from 50-Day Simple Moving Average of 4.82 percent and Distance from 200-Day Simple Moving Average of -14.73%.

The Company currently has ROA (Return on Assets) of 8.4 percent, Return on Equity (ROE) of 33 Percent and Return on Investment (ROI) of 26.3% with Gross margin of 23.2 percent and Operating & Profit margin of 4.1% and 2.5% respectively.

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