Analysts See $0.70 EPS for Oracle Corporation (ORCL) on December, 13

November 8, 2018 - By Mary Bollinger

Oracle Corporation (NYSE:ORCL) Corporate Logo
During 2018 Q2 the big money sentiment decreased to 0.82. That’s change of 0.05, from 2018Q1’s 0.87. 73 investors sold all, 564 reduced holdings as Oracle Corporation ratio worsened. 414 increased holdings while 107 funds acquired holdings. Funds hold 2.13 billion shares thus 5.10% less from 2018Q1’s 2.24 billion shares.
Mason Street Advsr Ltd Liability Corporation stated it has 0.41% in Oracle Corporation (NYSE:ORCL). Choate Investment reported 0.05% stake. Princeton Strategies Gru Ltd Liability stated it has 19,529 shs or 0.25% of all its holdings. Calamos Wealth Mgmt Ltd Liability Corp stated it has 136,676 shs. Barrow Hanley Mewhinney Strauss Ltd Llc holds 2.18% in Oracle Corporation (NYSE:ORCL) or 30.69M shs. Pub Sector Pension Board invested in 1.22M shs or 0.36% of the stock. 504,811 are owned by Bartlett & Co Limited Liability Co. Fifth Third Financial Bank invested in 937,274 shs or 0.28% of the stock. 4.53M are owned by Great West Life Assurance Co Can. 46,698 were accumulated by Tuttle Tactical Mngmt. Regions Corporation stated it has 0.29% of its capital in Oracle Corporation (NYSE:ORCL). M&T State Bank Corporation invested in 0.29% or 1.22 million shs. American Group Incorporated invested in 1.26M shs. Hexavest Incorporated holds 0.01% of its capital in Oracle Corporation (NYSE:ORCL) for 18,075 shs. Lombard Odier Asset Mngmt (Usa) invested in 30,000 shs or 0.09% of the stock.

On December, 13. Investors wait Oracle Corporation (NYSE:ORCL) to report its quarterly earnings, RTT reports. Analysts forecast 12.90 % diference or $0.70 from the $0.62 EPS from 2017. If reported the P/E will be 18.01 with $2.65B profit. 12.90 % EPS growth is what Wall Street’s sees after $0.62 reported EPS previous quarter. The stock increased 0.34% or $0.17 during the last trading session, hitting $50.43.Oracle Corporation has volume of 11.97 million shares. Since November 9, 2017 ORCL has declined 6.50% and is downtrending. ORCL underperformed the S&P 500 by 22.12%.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

In total 17 analysts cover Oracle Corp (NYSE:ORCL). “Buy” rating has 6, “Sell” are 0, while 11 are “Hold”. (NYSE:ORCL) has 35% bullish analysts. 22 are the (NYSE:ORCL)’s ratings reports on Nov 9, 2018 according to StockzIntelligence Inc. On Thursday, June 14 J.P. Morgan downgraded Oracle Corporation (NYSE:ORCL) rating. J.P. Morgan has “Hold” rating and $5300 target. In Wednesday, June 20 report Bernstein maintained the stock with “Buy” rating. On Tuesday, September 18 the stock has “Buy” rating by Nomura. On Wednesday, June 20 the firm earned “Neutral” rating by UBS. On Tuesday, September 18 Citigroup maintained Oracle Corporation (NYSE:ORCL) rating. Citigroup has “Neutral” rating and $49 target. On Tuesday, September 18 the company was maintained by Stifel Nicolaus. On Friday, June 29 the stock has “Buy” rating by Nomura. On Tuesday, September 18 Bank of America maintained Oracle Corporation (NYSE:ORCL) rating. Bank of America has “Neutral” rating and $55 target. On Friday, October 26 the stock has “Buy” rating by Nomura. On Thursday, June 14 the rating was downgraded by JP Morgan to “Neutral”.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide.The firm is worth $191.06 billion. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.53.2 is the 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 recent Oracle Corporation (NYSE:ORCL) news were posted by Seekingalpha.com, Seekingalpha.com and Seekingalpha.com. The first one has “Oracle Makes A Case As Cloud Computing Provider” as a title and was posted on October 24, 2018. The next is “Oracle acquires AI company; Needham starts ORCL and Red Hat” on October 23, 2018. And last was posted on October 26, 2018, called “Tesla stars during Oracle analyst meeting”.

Oracle Corporation (NYSE:ORCL) Institutional Investors Chart

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