Benzinga
Published Apr 17, 2024 16:00
Updated Apr 17, 2024 17:10
Market Analysis: Salesforce And Competitors In Software Industry
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Salesforce (NYSE:CRM) against its key competitors in the Software industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
Salesforce Background Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Salesforce Inc | 66.05 | 4.51 | 7.83 | 2.46% | $2.75 | $7.14 | 10.77% |
Adobe Inc | 45.49 | 13.80 | 10.94 | 3.88% | $1.21 | $4.59 | 11.32% |
SAP SE | 55.06 | 4.59 | 6.41 | 3.05% | $2.32 | $6.2 | 5.02% |
Intuit Inc | 62.46 | 10.13 | 11.49 | 2.08% | $0.6 | $2.53 | 11.34% |
Synopsys Inc | 59.70 | 12.37 | 13.70 | 7.01% | $0.53 | $1.32 | 21.15% |
Cadence Design Systems Inc | 78.75 | 24.09 | 20.06 | 9.94% | $0.41 | $0.96 | 18.75% |
Workday Inc | 49.44 | 8.42 | 9.41 | 16.16% | $0.24 | $1.46 | 16.75% |
Roper Technologies Inc | 41.36 | 3.23 | 9.16 | 2.26% | $0.72 | $1.13 | 12.76% |
Autodesk Inc | 54.47 | 26.32 | 8.97 | 16.9% | $0.35 | $1.34 | 3.89% |
Palantir Technologies Inc | 243.11 | 13.93 | 22.60 | 2.8% | $0.11 | $0.5 | 19.61% |
Datadog Inc | 906.64 | 20.80 | 20.89 | 2.82% | $0.07 | $0.48 | 25.62% |
Ansys Inc | 57.03 | 5.29 | 12.58 | 5.29% | $0.37 | $0.74 | 15.99% |
AppLovin Corp | 73.80 | 19.08 | 7.99 | 14.58% | $0.37 | $0.68 | 35.73% |
MicroStrategy Inc | 47.53 | 10.23 | 41.92 | 5.93% | $-0.04 | $0.1 | -6.09% |
PTC Inc | 90.27 | 7.61 | 9.81 | 2.42% | $0.16 | $0.44 | 18.09% |
Zoom Video Communications Inc | 28.64 | 2.27 | 4.04 | 3.87% | $0.2 | $0.87 | 2.56% |
Tyler Technologies Inc | 102.89 | 5.77 | 8.75 | 1.34% | $0.09 | $0.21 | 6.35% |
Bentley Systems Inc | 48.91 | 16.61 | 13.24 | 22.81% | $0.05 | $0.24 | 8.26% |
NICE Ltd | 45.30 | 4.37 | 6.45 | 2.49% | $0.19 | $0.42 | 9.61% |
Manhattan Associates Inc | 81.91 | 51.11 | 15.57 | 19.96% | $0.06 | $0.13 | 20.27% |
Dynatrace Inc | 67.45 | 6.89 | 9.70 | 2.3% | $0.05 | $0.3 | 22.74% |
Average | 112.01 | 13.35 | 13.18 | 7.39% | $0.4 | $1.23 | 13.99% |
th, td { padding: 8px; text-align: left; }
th { background-color: #293a5a; color: #fff; text-align: left; }
tr:nth-child(even) { background-color: #f2f4f8; }
tr:hover { background-color: #e1e4ea; }
td:nth-child(3), td:nth-child(5) { text-align: left; }
.dividend-amount { font-weight: bold; color: #0d6efd; }
.dividend-frequency { font-size: 12px; color: #6c757d; } By conducting an in-depth analysis of Salesforce, we can identify the following trends:
The debt-to-equity (D/E) ratio provides insights into the proportion of debt a company has in relation to its equity and asset value.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When comparing Salesforce with its top 4 peers based on the Debt-to-Equity ratio, the following insights can be observed:
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Written By: Benzinga
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.