Oracle Corp. (ORCL) Given a $46.00 Price Target at Cowen and Company
Oct 29 2016
Boston Private Wealth LLC cut its position in Oracle Corp. SunTrust Banks Inc. set a $48.00 price target on Oracle Corp. and gave the stock a "buy" rating in a research note on Saturday, September 17th.
Oracle Corp. has a 12-month low of $33.13 and a 12-month high of $42.00. Oracle Corporation makes up approx 1.02% of Old Second National Bank Of Aurora's portfolio.Roffman Miller Associates Inc Pa reduced its stake in ORCL by selling 1,475 shares or 13.76% in the most recent quarter.
In today's session Oracle Corporation (ORCL) recorded an unusually high (274) contracts volume of put trades. Camarda Financial Advisors LLC now owns 2,443 shares of the enterprise software provider's stock valued at $100,000 after buying an additional 215 shares during the last quarter. Bristlecone Advisors LLC raised its stake in Oracle Corp.by 0.7% in the first quarter. Cribstone Capital Management LLC purchased a new stake in shares of Oracle Corp. during the second quarter valued at about $102,000. The share price is now -0.49 percent versus its SMA20, -3.37 percent versus its SMA50, and -1.7 percent versus its SMA200. Finally, Scharf Investments LLC boosted its position in shares of Oracle Corp.by 31.7% in the first quarter. The weekly volatility of MENT is 1.80% and monthly volatility is 2.29%. The company's institutional ownership is monitored at 61.2 percent.
The share price of Oracle Corporation (NYSE:ORCL) was down -0.34% during the last trading session, with a day high of 38.56. The stock had a trading capacity of 7.55M shares. The stock's price moved down its 200-day moving average of $40.08. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of USA and global copyright law. The company's net profit margin has achieved the current level of 24.2 percent and possesses 80.1 percent gross margin. The enterprise software provider reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.03. The company had revenue of $8.60 billion for the quarter.
Mean EPS estimate of 16 analysts for Next Fiscal Year is placed at $-0.88.
With its market value over its outstanding shares, Oracle Corporation (NYSE:ORCL) Application Software has a market capitalization valued at Application Software.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 26th. That compares with the mean forecast $8.7B and $0.58/share, respectively. The ex-dividend date was Friday, October 7th. This represents a $0.60 dividend on an annualized basis and a yield of 1.56%. Oracle Corp.'s payout ratio is 28.57%.
Oracle Corporation is estimated to report earnings on 12/21/2016.
Many brokerage firms are involved in issuing their ratings on Oracle Corporation (NYSE:ORCL).
09/26/2016 - Oracle Corporation had its "buy" rating reiterated by analysts at Drexel Hamilton. Oracle Corp. presently has an average rating of "Hold" and a consensus price target of $46.26.
09/23/2016 - Oracle Corporation had its "buy" rating reiterated by analysts at Stifel Nicolaus. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). They now have a Dollars 47 price target on the stock. The stock had a trading capacity of 1.37M shares. Following the completion of the transaction, the director now owns 8,281 shares in the company, valued at $332,564.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
In related news, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction dated Thursday, September 15th. 36 Financial Analysts covered the company's stock. The disclosure for this sale can be found here. The company has a market cap of $157.08 billion.