Oracle Corporation (ORCL) Analysts See $0.86 EPS

May 17, 2018 - By Michael Taylor

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment increased to 1.15 in Q4 2017. Its up 0.02, from 1.13 in 2017Q3. It increased, as 80 investors sold Oracle Corporation shares while 488 reduced holdings. 126 funds opened positions while 526 raised stakes. 2.29 billion shares or 1.37% less from 2.32 billion shares in 2017Q3 were reported.
Mechanics Natl Bank Department stated it has 118,662 shares or 1.27% of all its holdings. Stifel Corp holds 0.33% or 2.23 million shares. Perkins Coie has invested 1.29% in Oracle Corporation (NYSE:ORCL). Alpha Windward Lc holds 5,460 shares. 9,893 were reported by Old Dominion Capital Management. Weitz Investment Mngmt Incorporated invested in 1.18 million shares. Balyasny Asset Mgmt Limited Company holds 469,590 shares or 0.07% of its portfolio. New Mexico Educational Retirement Board has 290,290 shares. Genesee Valley Tru Co has 50,304 shares for 0.99% of their portfolio. Acadian Asset Limited Liability Company has invested 0.09% of its portfolio in Oracle Corporation (NYSE:ORCL). Harris Associates Ltd Partnership holds 45.22M shares or 3.5% of its portfolio. Inv Counsel reported 58,188 shares stake. Alpha Cubed Investments Limited Liability Corporation holds 0.18% or 28,830 shares. Pennsylvania-based Argyle Capital Management has invested 0.72% in Oracle Corporation (NYSE:ORCL). Ftb Advisors stated it has 17,156 shares or 0.08% of all its holdings.

Analysts expect Oracle Corporation (NYSE:ORCL) to report $0.86 EPS on June, 20.They anticipate $0.04 EPS change or 4.88 % from last quarter’s $0.82 EPS. ORCL’s profit would be $3.51B giving it 13.58 P/E if the $0.86 EPS is correct. After having $0.75 EPS previously, Oracle Corporation’s analysts see 14.67 % EPS growth. The stock decreased 0.17% or $0.08 during the last trading session, reaching $46.73. About 9.87M shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since May 17, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 16 analysts covering Oracle (NYSE:ORCL), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. Oracle had 18 analyst reports since December 15, 2017 according to SRatingsIntel. Barclays Capital maintained Oracle Corporation (NYSE:ORCL) rating on Monday, March 12. Barclays Capital has “Overweight” rating and $60 target. The rating was maintained by Rosenblatt with “Buy” on Friday, December 15. The firm has “Buy” rating by Canaccord Genuity given on Friday, December 15. On Tuesday, March 20 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Raymond James on Friday, December 15. Bank of America downgraded the stock to “Neutral” rating in Tuesday, March 20 report. BMO Capital Markets maintained it with “Outperform” rating and $55 target in Friday, December 15 report. The company was downgraded on Tuesday, March 20 by Stifel Nicolaus. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Tuesday, March 20 with “Outperform” rating. The stock of Oracle Corporation (NYSE:ORCL) has “Sector Weight” rating given on Tuesday, March 20 by KeyBanc Capital Markets.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide. The company has market cap of $190.77 billion. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. It has a 54.65 P/E ratio. The firm licenses its Oracle Database software, which enables storage, retrieval, and manipulation of data; and Oracle Fusion Middleware software to build, deploy, secure, access, and integrate business applications, as well as automate their business processes.

More important recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “Oracle’s Cloud Transition Doesn’t Match Other Success Stories” on May 03, 2018, also Seekingalpha.com published article titled: “Oracle acquires ad targeting company Grapeshot”, Fool.com published: “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)” on May 09, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) was released by: Streetinsider.com and their article: “Oracle (ORCL) Announces Agreement to Acquire DataScience.com” with publication date: May 16, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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