Shares of the San Francisco-based cloud solutions provider were lower in mid-afternoon trading on Monday.
Separately, the rating may differ from Jim Cramer's view or that of this articles's author. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, the team finds that the company's return on equity has been disappointing. TheStreet Ratings has this to say about the recommendation:
The team rates as a Hold with a ratings score of (CRM) a HOLD. The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.