Analyst Derick Wood at Cowen maintained his Outperform rating for Oracle Corporation (NYSE:ORCL), along with reiteration in his Price Target of $46 for the stock. The firm presently has a “buy” rating on the enterprise software provider’s stock. Oracle Corporation (NYSE:ORCL) quarterly performance is -2.88% while its price to sale ratio is 4.62 and price to book ratio is 3.40. Vetr downgraded Oracle Corp. from a “strong-buy” rating to a “buy” rating and set a $45.58 price target for the company.in a report on Wednesday, September 7th. 18 said a “Buy Rating” and 3 announced “Overweight Rating”. Finally, Morgan Stanley reiterated a “hold” rating and issued a $41.00 price target on shares of Oracle Corp.in a report on Friday, September 16th. Bank of America Corp. reiterated a “buy” rating and issued a $48.00 target price on shares of Oracle Corp.in a report on Thursday. The stock volatility for week was 1.92% while for month was 1.22%.The stock, as of last close, traded 19.29% to its 52 week low and was changed -6.39% from its 52 week high. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The mean price target for the shares of company is at $55.78 while the highest price target suggested by the analysts is $60.00 and low price target is $53.00.
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Shares of Oracle Corp. (NYSE:ORCL) traded up 0.443% on Thursday, reaching $39.685. Oracle Corp. has a 1-year low of $33.13 and a 1-year high of $42.00. The firm has a SMA 50 (Simple Moving Average) of $40.83 and a SMA 200-(Simple Moving Average) of $40.35. Company gross margin stands at 22.20% whereas its return on investment (ROI) is -17.40%. The EPS failed to meet the analysts’ estimate of $0.53, demonstrating a miss of $-0.04 as against reported figures. Oracle Corp. The business earned $8.60 billion during the quarter.
The liquidity measure in recent quarter results of the firm was recorded 5.40 as current ratio, on the other side the debt to equity ratio was 0.85, and long-term debt to equity ratio remained 0.85. Oracle Corp.’s revenue for the quarter was up 1.9% compared to the same quarter a year ago.
Republic Services, Inc. (NYSE:RSG) now has mean rating of 2.3 while 3 analyst have recommended the shares as “BUY”, 3 commented as “OUTPERFORM” and 7 commented as “HOLD”. Stockholders of record on Wednesday, October 12th will be paid a $0.15 dividend.
Oracle Corporation has also declared a cash dividend of $0.1500 on Sep 15, 2016. Oracle Corp.’s dividend payout ratio (DPR) is 28.57%. The average volume stands around 13.41 million shares. The stock had a trading volume of 11.0 M shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John F. Fowler sold 500,000 shares of the business’s stock in a transaction that occurred on Thursday, August 11th. The stock was sold at an average price of $41.17, for a total value of $20,585,000.00. Institutional investors own 58.00% of the company’s stock.
Large investors have recently bought and sold shares of the company. T market capitalization is 251.92B. Point View Wealth Management Inc. raised its position in Oracle Corp.by 0.5% in the second quarter.
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Oracle Corporation has lost 3.3% in the last five trading days and dropped 4.8% in the last 4 weeks. Proficio Capital Partners LLC now owns 3,016 shares of the enterprise software provider’s stock worth $124,000 after buying an additional 963 shares during the last quarter.
