EPS for Oracle Corporation (ORCL) Expected At $0.61

September 8, 2018 - By Carolyn Hewitt

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment decreased to 0.87 in Q1 2018. Its down 0.28, from 1.15 in 2017Q4. It dived, as 83 investors sold Oracle Corporation shares while 569 reduced holdings. 118 funds opened positions while 449 raised stakes. 2.24 billion shares or 1.97% less from 2.29 billion shares in 2017Q4 were reported.
Alpha Cubed Invs Ltd Liability Com accumulated 29,168 shares or 0.17% of the stock. Riverpark Ltd Liability Corp holds 0.31% of its portfolio in Oracle Corporation (NYSE:ORCL) for 35,433 shares. Atalanta Sosnoff Capital Limited has invested 0.01% of its portfolio in Oracle Corporation (NYSE:ORCL). Bahl Gaynor invested 0.02% of its portfolio in Oracle Corporation (NYSE:ORCL). 6,695 were accumulated by Wellington Shields Cap Mgmt Llc. Flossbach Von Storch Ag accumulated 2.90M shares. Thompson Siegel & Walmsley Ltd Liability Com owns 298,360 shares for 0.17% of their portfolio. Markston International Lc stated it has 247,801 shares or 1.22% of all its holdings. Fulton Breakefield Broenniman Ltd Com stated it has 0.19% in Oracle Corporation (NYSE:ORCL). Oregon-based Becker Mngmt Incorporated has invested 0.01% in Oracle Corporation (NYSE:ORCL). Texas-based Scott And Selber Inc has invested 0.38% in Oracle Corporation (NYSE:ORCL). First Foundation Advisors reported 731,925 shares. Lombard Odier Asset Management (Switzerland) reported 12,762 shares. Everence Cap Mngmt Inc has invested 0.68% in Oracle Corporation (NYSE:ORCL). Argent Trust holds 52,863 shares or 0.66% of its portfolio.

Analysts expect Oracle Corporation (NYSE:ORCL) to report $0.61 EPS on September, 13.They anticipate $0.06 EPS change or 10.91 % from last quarter’s $0.55 EPS. ORCL’s profit would be $2.43 billion giving it 19.59 P/E if the $0.61 EPS is correct. After having $0.91 EPS previously, Oracle Corporation’s analysts see -32.97 % EPS growth. The stock increased 0.21% or $0.1 during the last trading session, reaching $47.81. About 20.51M shares traded or 8.24% up from the average. Oracle Corporation (NYSE:ORCL) has risen 3.98% since September 8, 2017 and is uptrending. It has underperformed by 8.59% the S&P500.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 21 analysts covering Oracle (NYSE:ORCL), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. Oracle has $6300 highest and $48 lowest target. $55.50’s average target is 16.08% above currents $47.81 stock price. Oracle had 24 analyst reports since March 12, 2018 according to SRatingsIntel. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Tuesday, March 20 with “Outperform” rating. UBS maintained it with “Neutral” rating and $48 target in Wednesday, June 20 report. The firm earned “Neutral” rating on Tuesday, March 20 by Bank of America. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, March 20. The company was downgraded on Tuesday, March 20 by KeyBanc Capital Markets. The rating was maintained by Nomura on Friday, June 29 with “Buy”. The rating was downgraded by Rosenblatt to “Neutral” on Wednesday, June 20. The rating was maintained by Bernstein with “Buy” on Wednesday, June 20. The firm has “Neutral” rating given on Thursday, June 14 by JP Morgan. Stifel Nicolaus downgraded the shares of ORCL in report on Tuesday, March 20 to “Hold” rating.

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 $190.34 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 53.12 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 notable recent Oracle Corporation (NYSE:ORCL) news were published by: Globenewswire.com which released: “CLASS ACTION UPDATE for ORCL, NLSN and MD: Levi & Korsinsky, LLP Reminds Investors of Class Actions on …” on September 05, 2018, also Globenewswire.com with their article: “The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of NVRO, ORCL, MRCY, HMNY and …” published on September 07, 2018, Seekingalpha.com published: “Billion-Dollar Unicorns: HubSpot On A Growth Trajectory” on September 06, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: “Oracle wins permanent injunction against Rimini Street” published on August 16, 2018 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: NVRO LCI CBS ORCL PZZA MRCY FIZZ HMNY SKX: The Law Offices of Vincent Wong …” with publication date: September 06, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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