Salesforce.com, inc. (NYSE:CRM) has been recommended as a long term growth pick according to Beta Research. With their stock price currently trading around $95.39, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 69.50% earnings per share growth over the past 5 years and 29.90% revenue growth over that same time frame.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Salesforce.com, inc. (NYSE:CRM)’s stock was 39.34%. Over the last week of the month, it was 0.03%, 5.52% over the last quarter, and 13.75% for the past six months.
Over the past 50 days, Salesforce.com, inc.’s stock is -2.88% off of the high and 9.32% removed from the low. Their 52-Week High and Low are as follows: -2.88% (High), 43.59%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $107.37 on the equity. Analysts have a consensus recommendation of 1.90 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.