[at Investopedia] – Demandware has the potential to contribute some $100 million to $120 million in incremental sales to Salesforce’s total fiscal 2017 revenue. Read more on this. salesforce.com, inc. (CRM) , with a current value of $56.18B, started trading this morning at $82.86. Looking at the equity, the company’s one day range is $82.50 to $83.40 with a trailing 52-week range being $52.60 to $84.48. CRM shares are currently priced at 84.23x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 1.90x earnings multiple. Consensus earnings for the current quarter by the 35 sell-side analysts covering the stock is an estimate of $0.23 per share, which would be $0.04 better than the year-ago quarter and a $0.02 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $0.98 is a $0.23 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.02 Billion. If realized, that would be a 23.93% increase over the year-ago quarter. In terms of ratings, Macquarie Initiated CRM at Outperform (Mar 4, 2016). Previously, Credit Agricole upgraded CRM from Outperform to Buy. When considering if the stock is under or overvalued, the average price target is $97.02, which is 17.09% above where the stock opened this morning. See more in (NYSE:CRM) Similar Articles: Stock Update: Salesforce.com Inc (NYSE:CRM) – Salesforce.com Overpays Big-Time For Demandware Acquisition Market Update: Salesforce.com Inc (NYSE:CRM) – Is Salesforce Overpaying for Demandware? Market Update: Salesforce.com Inc (NYSE:CRM) – Salesforce.com (CRM) Stock Up, Expanding Internationally With Amazon.com Web Services