$0.86 EPS Expected for Oracle Corporation (ORCL)

May 17, 2018 - By Kurt Siggers

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment increased to 1.15 in 2017 Q4. 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.
199,766 are owned by Banque Pictet And Cie. Kistler, a Alabama-based fund reported 6,592 shares. Farmers Bankshares, a Kentucky-based fund reported 5,280 shares. Blair William & Company Il has 249,630 shares for 0.08% of their portfolio. Cypress Cap Mgmt Ltd Company (Wy) invested in 0.03% or 500 shares. Argyle holds 40,530 shares. Interocean Cap Ltd Liability Co stated it has 0.03% in Oracle Corporation (NYSE:ORCL). Private Asset Mgmt has 1.27% invested in Oracle Corporation (NYSE:ORCL) for 169,098 shares. Moreover, Auxier Asset Management has 1.07% invested in Oracle Corporation (NYSE:ORCL) for 118,287 shares. Gw Henssler & Ltd invested in 205,219 shares or 0.91% of the stock. Woodley Farra Manion Portfolio Mgmt holds 0.07% in Oracle Corporation (NYSE:ORCL) or 12,555 shares. Trust Communications Of Virginia Va has invested 0.11% in Oracle Corporation (NYSE:ORCL). Court Place Advsrs Lc has 1.82% invested in Oracle Corporation (NYSE:ORCL). Miles owns 5,300 shares. Winfield Assoc reported 0.01% of its portfolio in Oracle Corporation (NYSE:ORCL).

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. The firm has “Outperform” rating by Credit Suisse given on Tuesday, March 20. The rating was maintained by Canaccord Genuity with “Buy” on Friday, December 15. Piper Jaffray maintained Oracle Corporation (NYSE:ORCL) rating on Thursday, February 15. Piper Jaffray has “Buy” rating and $57.0 target. On Tuesday, March 20 the stock rating was downgraded by Stifel Nicolaus to “Hold”. KeyBanc Capital Markets downgraded the shares of ORCL in report on Tuesday, March 20 to “Sector Weight” rating. The firm has “Sector Perform” rating given on Friday, December 15 by RBC Capital Markets. The stock of Oracle Corporation (NYSE:ORCL) earned “Overweight” rating by Morgan Stanley on Wednesday, January 3. The company was downgraded on Tuesday, March 20 by Bank of America. Rosenblatt maintained the shares of ORCL in report on Friday, December 15 with “Buy” rating. The stock of Oracle Corporation (NYSE:ORCL) earned “Overweight” rating by Barclays Capital on Monday, March 12.

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 acquires ad targeting company Grapeshot” on April 24, 2018, also Fool.com published article titled: “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)”, Streetinsider.com published: “Oracle (ORCL) Announces Agreement to Acquire DataScience.com” on May 16, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) was released by: Seekingalpha.com and their article: “Oracle’s Cloud Transition Doesn’t Match Other Success Stories” with publication date: May 03, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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