NYSE:CRM—A High-Growth Stock Gearing Up for Its Next Upward Move.

In this article, we'll take a closer look at SALESFORCE INC (NYSE:CRM) as a potential candidate for growth investing. While it's important for investors to conduct their own research, SALESFORCE INC has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

Growth Assessment of NYSE:CRM

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NYSE:CRM has achieved a 8 out of 10:

• The Earnings Per Share has grown by an impressive 60.98% over the past year.
• The Earnings Per Share has been growing by 31.21% on average over the past years. This is a very strong growth
• CRM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.79%.
• Measured over the past years, CRM shows a very strong growth in Revenue. The Revenue has been growing by 24.36% on average per year.
• Based on estimates for the next years, CRM will show a very strong growth in Earnings Per Share. The EPS will grow by 21.00% on average per year.
• CRM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.18% yearly.

Evaluating Health: NYSE:CRM

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:CRM has received a 5 out of 10:

• An Altman-Z score of 4.15 indicates that CRM is not in any danger for bankruptcy at the moment.
• CRM has a Altman-Z score of 4.15. This is in the better half of the industry: CRM outperforms 70.82% of its industry peers.
• The Debt to FCF ratio of CRM is 1.25, which is an excellent value as it means it would take CRM, only 1.25 years of fcf income to pay off all of its debts.
• CRM has a Debt to FCF ratio of 1.25. This is in the better half of the industry: CRM outperforms 76.87% of its industry peers.
• CRM has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.

Profitability Insights: NYSE:CRM

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:CRM, the assigned 7 is a significant indicator of profitability:

• The Return On Assets of CRM (1.71%) is better than 78.29% of its industry peers.
• CRM has a better Return On Equity (2.72%) than 78.65% of its industry peers.
• CRM's Return On Invested Capital of 3.77% is fine compared to the rest of the industry. CRM outperforms 79.00% of its industry peers.
• The 3 year average ROIC (0.90%) for CRM is below the current ROIC(3.77%), indicating increased profibility in the last year.
• CRM has a Profit Margin of 4.77%. This is amongst the best in the industry. CRM outperforms 80.78% of its industry peers.
• Looking at the Operating Margin, with a value of 12.98%, CRM belongs to the top of the industry, outperforming 84.70% of the companies in the same industry.
• In the last couple of years the Operating Margin of CRM has grown nicely.
• Looking at the Gross Margin, with a value of 74.52%, CRM is in the better half of the industry, outperforming 68.33% of the companies in the same industry.

Looking at the Setup

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NYSE:CRM is 8:

CRM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 205.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 204.42, a Stop Loss order could be placed below this zone.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

Check the latest full fundamental report of CRM for a complete fundamental analysis.

Our latest full technical report of CRM contains the most current technical analsysis.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.