Exploring the Growth Potential of NYSE:CRM as It Nears a Breakout.

Exploring Growth Potential: SALESFORCE INC (NYSE:CRM) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and SALESFORCE INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected SALESFORCE INC on our screen for growth with base formation, suggesting it merits a closer look.

Looking at the Growth

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 56.38% over the past year.
• The Earnings Per Share has been growing by 26.05% on average over the past years. This is a very strong growth
• Looking at the last year, CRM shows a quite strong growth in Revenue. The Revenue has grown by 11.18% in the last year.
• CRM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.28% yearly.
• The Earnings Per Share is expected to grow by 13.63% on average over the next years. This is quite good.
• The Revenue is expected to grow by 11.59% on average over the next years. This is quite good.

Health Insights: NYSE:CRM

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:CRM, the assigned 7 reflects its health status:

• An Altman-Z score of 4.73 indicates that CRM is not in any danger for bankruptcy at the moment.
• CRM's Altman-Z score of 4.73 is fine compared to the rest of the industry. CRM outperforms 68.61% of its industry peers.
• The Debt to FCF ratio of CRM is 0.99, which is an excellent value as it means it would take CRM, only 0.99 years of fcf income to pay off all of its debts.
• The Debt to FCF ratio of CRM (0.99) is better than 77.01% of its industry peers.
• A Debt/Equity ratio of 0.14 indicates that CRM is not too dependend on debt financing.
• The current and quick ratio evaluation for CRM is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.

How do we evaluate the Profitability for NYSE:CRM?

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:CRM has earned a 8 out of 10:

• Looking at the Return On Assets, with a value of 4.14%, CRM is in the better half of the industry, outperforming 78.47% of the companies in the same industry.
• The Return On Equity of CRM (6.93%) is better than 79.20% of its industry peers.
• CRM has a Return On Invested Capital of 6.48%. This is amongst the best in the industry. CRM outperforms 83.21% of its industry peers.
• The 3 year average ROIC (3.04%) for CRM is below the current ROIC(6.48%), indicating increased profibility in the last year.
• CRM's Profit Margin of 11.87% is amongst the best of the industry. CRM outperforms 83.58% of its industry peers.
• CRM's Profit Margin has improved in the last couple of years.
• CRM has a Operating Margin of 17.21%. This is amongst the best in the industry. CRM outperforms 88.69% of its industry peers.
• In the last couple of years the Operating Margin of CRM has grown nicely.
• With a decent Gross Margin value of 75.50%, CRM is doing good in the industry, outperforming 70.07% of the companies in the same industry.

Why is NYSE:CRM a setup?

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NYSE:CRM currently has a 7 as setup rating:

Although the technical rating is bad, CRM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 274.59, 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.

For an up to date full technical analysis you can check the technical report of CRM

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.