Oracle Corporation (NYSE:ORCL) down -0.15% for the past 5 days, is under coverage of 40 analysts who collectively assign a hold rating on stock. They now have a $16.38 price target on the stock.
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Company mean estimate for revenue for the ongoing quarter ending Sep 16 is $31.27B by 18 analysts.
Vetr lowered shares of Oracle Corp. (NYSE:ORCL) opened at 41.25 on Wednesday. Current price places the company’s stock 10.47% away from its 200-day simple moving average, 9.43%, away from the 50-day average and also 2.94% away from 20-day average. The analysts estimated sales for the higher end at 9334 million and lower end at 9015.8 million while the year ago reported sale was 0 million.
Oracle Corp. (NYSE:ORCL) last announced its quarterly earnings data on Thursday, June 16th. The three stock on the breakdown radar are Oracle Corporation (NYSE:ORCL), salesforce.com, inc.
EPS growth in next year is estimated to reach 21.99% while EPS growth estimate for this year is set at 258.80%. The business earned $10.60 billion during the quarter. Over the past five trading sessions it is -1.73%; 4.9% for the month; 12.29% for the last quarter; 20.48% for the past six-months; and 1.22% for the last 12 months.
ORCL shares are trading -2.84% below the 52-week high and has displayed a high EPS growth of 4.40% in last 5 years. EPS long term mean growth rate estimated by 35 analysts is at 3.01%, whereas, the high and low Long term growth rate estimated at 3.36 and 2.74.
8/25/2016 – Bank of America Corp. was upgraded by analysts at Sanford C. Bernstein from a “neutral” rating to an “outperform” rating. The count of Hold ratings in that period was 19. Canaccord Genuity reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Oracle Corp.in a research note on Friday, June 17th. The consensus rating is 1.9, indicating analysts in general look favorably on the company’s future prospects. The stock presently has an average rating of “Buy” and an average price target of $44.54. They now have a Dollars 47 price target on the stock. The Insider ownership stake in the company is 27.10% while the ATR stands at 0.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Following the transaction, the director now owns 32,459 shares in the company, valued at approximately $458,645.67.
Also covering Oracle Corporation’s stock price target, a total of 34 analysts have released a ratings update on Oracle Corporation. The Company holds 4113.74 million shares outstanding. The institutional ownership stake in the company is 0.06% while the Beta factor stands at 1.50. FCM Investments TX boosted its stake in Oracle Corp.by 20.0% in the second quarter. The insider owns 461,860 shares as of Jul 26, 2016, now worth $19051725. The stock now has Weekly Volatility of 0.85% and Monthly Volatility of 0.79%. Finally, TIAA CREF Investment Management LLC increased its position in shares of Oracle Corp.by 8.4% in the first quarter. With nearly 50 days in a row without a 1% move in the S&P 500 Index (either up or down), the consolidation that we’ve seen last most of the summer is well beyond due for a volatility move.
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Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. The companys Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients.
