As of June, 20 Analysts See $0.86 EPS for Oracle Corporation (ORCL)

May 17, 2018 - By Carey Conley

Oracle Corporation (NYSE:ORCL) Corporate Logo
Big Money Sentiment increased to 1.15 in Q4 2017. It has change of 0.02, from 2017Q3’s 1.13. The ratio improved due to Oracle Corporation positioning: 80 sold and 488 reduced. 126 funds bought stakes and 526 increased stakes. Investors holded 2.32 billion in 2017Q3 but now own 2.29 billion shares or 1.37% less.
Beutel Goodman & Limited reported 1.07% stake. Ensemble Cap Mgmt Limited Company has 467,735 shs. White Pine Ltd Com holds 0.1% or 5,554 shs in its capital. Berkshire Asset Limited Liability Co Pa holds 0.14% or 30,901 shs in its capital. Vantage Limited Liability has invested 0.11% of its capital in Oracle Corporation (NYSE:ORCL). Taurus Asset Management Limited Liability Company has 208,892 shs. Tdam Usa accumulated 165,959 shs. American Commercial Bank reported 0% of its capital in Oracle Corporation (NYSE:ORCL). Sawgrass Asset Mngmt Limited Liability Corp holds 2.17% or 999,317 shs. Benjamin F Edwards invested in 0.29% or 59,385 shs. Jnba Advsrs owns 0.09% invested in Oracle Corporation (NYSE:ORCL) for 9,290 shs. Wedge Cap Management L Lp Nc owns 1.35M shs or 0.57% of their US capital. 9,310 were reported by Foster Dykema Cabot Ma. Hudson Bay Capital Lp has 129,047 shs for 0.13% of their capital. Northpointe Cap Limited Liability Company invested in 62,559 shs.

Oracle Corporation (NYSE:ORCL)’s quarterly earnings will be revealed on June, 20., Faxor reports. Analysts expect change of 4.88 % or $0.04 from previous year’s $0.82 EPS compared to current’s $0.86 EPS. In case of $0.86 EPS ORCL’s profit could be $3.51 billion. After $0.75 EPS was revealed previous quarter, analysts now see EPS growth of 14.67 % for Oracle Corporation. The stock decreased 0.17% or $0.08 during the last trading session, hitting $46.73.Oracle Corporation has volume of 9.87M shares. Since May 17, 2017 ORCL has risen 1.20% and is uptrending. ORCL underperformed the S&P500 by 10.35%.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Total analysts of 16 have positions in Oracle (NYSE:ORCL) as follows: 10 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 63%. Since December 15, 2017 according to StockzIntelligence Inc Oracle has 18 analyst reports. On Tuesday, March 20 the company was maintained by BMO Capital Markets. On Tuesday, March 20 the firm earned “Hold” rating by Stifel Nicolaus. On Thursday, March 15 RBC Capital Markets maintained the shares of ORCL in report with “Hold” rating. On Friday, December 15 the rating was maintained by Canaccord Genuity with “Buy”. The stock rating was downgraded by RBC Capital Markets to “Sector Perform” on Friday, December 15. The company rating was maintained by Barclays Capital on Monday, March 12. In Thursday, February 15 report Piper Jaffray maintained the stock with “Buy” rating. On Tuesday, March 20 the rating was downgraded by Bank of America to “Neutral”. On Tuesday, March 20 the stock has “Outperform” rating by Credit Suisse. On Friday, December 15 BMO Capital Markets maintained the shares of ORCL in report with “Outperform” rating.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide.The firm is worth $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.The P/E ratio is 54.65. 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.

A couple more Oracle Corporation (NYSE:ORCL) news were released by: Fool.com which released on May 09, 2018 “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)”, also Seekingalpha.com on April 24, 2018 released “Oracle acquires ad targeting company Grapeshot”, the next Seekingalpha.com is “Oracle buys DataScience.com” on May 16, 2018. Seekingalpha.com has article titled “Oracle’s Cloud Transition Doesn’t Match Other Success Stories”.

Oracle Corporation (NYSE:ORCL) Institutional Investors Chart

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