Oracle Corporation (ORCL) Analysts See $0.86 EPS

May 17, 2018 - By Alfred Lee

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment increased to 1.15 in 2017 Q4. Its up 0.02, from 1.13 in 2017Q3. It is positive, 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.
Grand Jean Cap Mngmt Inc reported 7,700 shares. Moreover, Evercore Wealth Mgmt Limited Liability has 0.25% invested in Oracle Corporation (NYSE:ORCL). Shelton Cap Management holds 0.46% or 152,347 shares. 1.73M were reported by Letko Brosseau Assocs. Moreover, Plancorp Ltd Liability Company has 0.07% invested in Oracle Corporation (NYSE:ORCL). Btc stated it has 54,553 shares. Palisade Asset Mngmt Limited Liability has invested 1.85% in Oracle Corporation (NYSE:ORCL). Moreover, Alpine Woods Ltd has 0.09% invested in Oracle Corporation (NYSE:ORCL) for 37,000 shares. Moreover, Mairs And Power Incorporated has 0.02% invested in Oracle Corporation (NYSE:ORCL). Partnervest Advisory Services Ltd Liability holds 0.18% in Oracle Corporation (NYSE:ORCL) or 7,797 shares. Numeric Investors Lc holds 0.28% or 817,750 shares in its portfolio. America First Invest Advsrs Limited Liability Com has invested 0% in Oracle Corporation (NYSE:ORCL). 16,933 are held by Accredited. 4.73M were reported by Thomaspartners Inc. Susquehanna International Grp Llp accumulated 0.02% or 994,480 shares.

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 $3.51 billion giving it 13.53 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 0.41% or $0.19 during the last trading session, reaching $46.54. About 10.16 million shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since May 18, 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 stock has “Outperform” rating by BMO Capital Markets on Friday, December 15. Barclays Capital maintained it with “Overweight” rating and $60 target in Monday, March 12 report. The firm has “Sector Perform” rating given on Friday, December 15 by RBC Capital Markets. Piper Jaffray maintained the stock with “Buy” rating in Thursday, February 15 report. On Friday, December 15 the stock rating was maintained by Raymond James with “Buy”. The firm has “Neutral” rating by Bank of America given on Tuesday, March 20. On Tuesday, March 20 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. Canaccord Genuity maintained the stock with “Buy” rating in Friday, December 15 report. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) rating on Tuesday, March 20. BMO Capital Markets has “Outperform” rating and $53 target. The firm earned “Hold” rating on Tuesday, March 20 by Stifel Nicolaus.

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 $189.99 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 54.43 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: Streetinsider.com which released: “SAP’s CEO hints to investors more margin gains on the way” on May 17, 2018, also Seekingalpha.com with their article: “Oracle buys DataScience.com” published on May 16, 2018, Seekingalpha.com published: “Oracle’s New Sales Tool To Grow Cloud Business” on May 17, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: “Oracle’s Cloud Transition Doesn’t Match Other Success Stories” published on May 03, 2018 as well as Fool.com‘s news article titled: “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)” with publication date: May 09, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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