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

May 17, 2018 - By Mike Johnson

Oracle Corporation (NYSE:ORCL) Corporate Logo
During Q4 2017 the big money sentiment increased to 1.15. That’s change of 0.02, from 2017Q3’s 1.13. 80 investors sold all, 488 reduced holdings as Oracle Corporation ratio is positive. 526 grew positions while 126 funds took positions. Funds hold 2.29 billion shares thus 1.37% less from 2017Q3’s 2.32 billion shares.
Glenmede Tru Na stated it has 0.78% of its capital in Oracle Corporation (NYSE:ORCL). Willingdon Wealth Mngmt, a North Carolina-based fund reported 15,619 shs. Rnc Management Lc has 0.45% invested in Oracle Corporation (NYSE:ORCL). 22,266 were reported by First Commonwealth Financial Pa. Associated Banc reported 0.05% in Oracle Corporation (NYSE:ORCL). Delta Asset Mgmt Tn has invested 0.04% in Oracle Corporation (NYSE:ORCL). Twin Tree Mgmt Limited Partnership holds 0.03% in Oracle Corporation (NYSE:ORCL) or 95,506 shs. Natl Asset Inc owns 12,004 shs. Ent Financial Svcs Corp stated it has 0.16% of its capital in Oracle Corporation (NYSE:ORCL). Beaumont Fin Prtnrs Limited Company holds 0.24% or 43,180 shs. Rhumbline Advisers reported 5.53 million shs. Lombard Odier Asset Mgmt (Europe) Limited stated it has 34,217 shs or 0.1% of all its holdings. Perigon Wealth Mngmt Ltd Company invested 0.07% in Oracle Corporation (NYSE:ORCL). 42,700 are owned by Cohen Klingenstein Limited Liability Corp. Macnealy Hoover Invest Management reported 7,150 shs.

On June, 20. Investors expect Oracle Corporation (NYSE:ORCL) to publish its quarterly earnings, as reported by RTT. Analysts predict 4.88 % diference or $0.86 from the $0.82 EPS from 2017. The profit will be $3.51 billion for ORCL if $0.86 earnings per share becomes true. Last quarter $0.75 earnings per share was reported. Analysts predicts 14.67 % EPS growth this quarter. Ticker’s shares touched $46.73 during the last trading session after 0.17% change.Oracle Corporation has volume of 9.87M shares. Since May 17, 2017 ORCL has risen 1.20% and is uptrending. The stock underperformed the S&P500 by 10.35%.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

A total of 16 analysts rate Oracle (NYSE:ORCL) as follows: 10 “Buy”, 6 “Hold” and 0 “Sell”. Тherefore 63% are bullish. (NYSE:ORCL) has 18 ratings reports on May 17, 2018 according to StockzIntelligence. On Friday, December 15 Canaccord Genuity maintained Oracle Corporation (NYSE:ORCL) rating. Canaccord Genuity has “Buy” rating and $53.0 target. On Tuesday, March 20 the stock of Oracle Corporation (NYSE:ORCL) earned “Neutral” rating by Bank of America. On Friday, December 15 the stock of Oracle Corporation (NYSE:ORCL) has “Outperform” rating given by BMO Capital Markets. The stock rating was downgraded by Stifel Nicolaus to “Hold” on Tuesday, March 20. On Tuesday, March 20 Credit Suisse maintained the shares of ORCL in report with “Outperform” rating. On Friday, December 15 the stock of Oracle Corporation (NYSE:ORCL) earned “Sector Perform” rating by RBC Capital Markets. On Friday, December 15 the company was maintained by Raymond James. On Wednesday, January 3 the rating was upgraded by Morgan Stanley to “Overweight”. On Monday, March 12 the stock of Oracle Corporation (NYSE:ORCL) earned “Overweight” rating by Barclays Capital. On Tuesday, March 20 the firm has “Sector Weight” rating by KeyBanc Capital Markets given.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide.The firm is valued at $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 published by: Seekingalpha.com which released on April 24, 2018 “Oracle acquires ad targeting company Grapeshot”, also Seekingalpha.com on May 16, 2018 published “Oracle buys DataScience.com”, the next Fool.com is “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)” on May 09, 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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