Oracle Corporation (ORCL) EPS Estimated At $0.70

November 11, 2018 - By James Guidry

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment decreased to 0.82 in Q2 2018. Its down 0.05, from 0.87 in 2018Q1. It worsened, as 73 investors sold Oracle Corporation shares while 564 reduced holdings. 107 funds opened positions while 414 raised stakes. 2.13 billion shares or 5.10% less from 2.24 billion shares in 2018Q1 were reported.
Bb&T Secs Limited Liability Co owns 1.01M shares. M&T Bancorp invested in 0.29% or 1.22M shares. Rocky Mountain Advisers Ltd Liability Company has invested 0.04% of its portfolio in Oracle Corporation (NYSE:ORCL). Northern Management Ltd Llc has 37,900 shares for 0.41% of their portfolio. Moreover, Brown Brothers Harriman has 5.98% invested in Oracle Corporation (NYSE:ORCL) for 22.12M shares. Motley Fool Asset Mgmt Limited Liability Company invested in 43,699 shares or 0.26% of the stock. Ruffer Ltd Liability Partnership holds 0.18% of its portfolio in Oracle Corporation (NYSE:ORCL) for 110,190 shares. 10,670 were accumulated by Aviance Capital Prns Llc. Thompson Siegel & Walmsley Limited Liability Co stated it has 0.17% of its portfolio in Oracle Corporation (NYSE:ORCL). Moreover, Susquehanna Grp Llp has 0% invested in Oracle Corporation (NYSE:ORCL) for 110,765 shares. Winslow Asset Mgmt Inc invested 1.7% in Oracle Corporation (NYSE:ORCL). Bragg Financial stated it has 187,747 shares or 1.18% of all its holdings. Heartland Advsr Incorporated reported 203,124 shares. Northeast Inv Mgmt has invested 0.04% in Oracle Corporation (NYSE:ORCL). 11,962 were reported by Finance Architects Inc.

Analysts expect Oracle Corporation (NYSE:ORCL) to report $0.70 EPS on December, 13.They anticipate $0.08 EPS change or 12.90 % from last quarter’s $0.62 EPS. ORCL’s profit would be $2.65B giving it 18.08 P/E if the $0.70 EPS is correct. After having $0.62 EPS previously, Oracle Corporation’s analysts see 12.90 % EPS growth. The stock increased 0.36% or $0.18 during the last trading session, reaching $50.61. About 15.32 million shares traded. Oracle Corporation (NYSE:ORCL) has declined 6.50% since November 11, 2017 and is downtrending. It has underperformed by 22.12% the S&P500.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 17 analysts covering Oracle Corp (NYSE:ORCL), 6 have Buy rating, 0 Sell and 11 Hold. Therefore 35% are positive. Oracle Corp had 22 analyst reports since May 17, 2018 according to SRatingsIntel. The rating was maintained by Bank of America on Tuesday, September 18 with “Neutral”. The firm earned “Buy” rating on Wednesday, June 20 by Bernstein. The rating was maintained by Nomura on Thursday, June 14 with “Buy”. The firm has “Hold” rating given on Tuesday, September 18 by Stifel Nicolaus. The stock of Oracle Corporation (NYSE:ORCL) has “Overweight” rating given on Friday, September 7 by Barclays Capital. Rosenblatt downgraded the shares of ORCL in report on Wednesday, June 20 to “Neutral” rating. As per Tuesday, September 18, the company rating was maintained by Nomura. The company was maintained on Friday, June 29 by Nomura. As per Wednesday, June 20, the company rating was downgraded by Wedbush. On Wednesday, June 20 the stock rating was maintained by Stifel Nicolaus with “Hold”.

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 $191.74 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 53.39 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 published by: Fool.com which released: “Better Buy: Microsoft Corporation vs. Oracle” on October 24, 2018. Also Seekingalpha.com published the news titled: “Oracle acquires AI company; Needham starts ORCL and Red Hat” on October 23, 2018. Seekingalpha.com‘s news article titled: “Oracle Makes A Case As Cloud Computing Provider” with publication date: October 24, 2018 was also an interesting one.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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