Technology

Oracle Corporation (NYSE:ORCL) Has a 22 Percent Upside Potential

Oracle Corporation (NYSE:ORCL) shares traded 0.42% during the most recent session the stock exchanged hands 12.96M shares versus average trading capacity of 12.90M shares, yielding a market cap of $185.78B. Wall Street analysts covering the stock are projecting that the stock will reach $48.67 within the next 52-weeks. The mean target projections are based on 30 opinions, the mean target was last revised on 04/27/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Oracle Corporation (NYSE:ORCL) high price target of $55.00 and with a conservative view have low price target of $33.00 with a standard deviation of $3.35. If seeing target price from optimistic overview then it has a 22 percent upside potential from the latest closing price of $44.96.

Oracle Corporation (NYSE:ORCL) received “Upgrade” rating by JP Morgan in a research note issued to investors on Mar-16-17 from Neutral to Overweight.

Additionally on Mar-16-17 Oracle Corporation (NYSE:ORCL) was “Upgraded” by JMP Securities from Mkt Underperform to Mkt Perform and on Mar-16-17 the stock was “Reiterated” by Wedbush as Neutral from $42 to $43. Furthermore on Mar-16-17 the stock was “Reiterated” by UBS as Buy from $45 to $48.

On the other hand the company has Relative Strength Index (RSI 14) of 63.60 along with Average True Range (ATR 14) of 0.45, Consequently Oracle Corporation (NYSE:ORCL) weekly and monthly volatility is 0.84%, 0.98% respectively. The company’s beta value is at 1.17.

In terms of Buy, Sell or Hold recommendations, Oracle Corporation (NYSE:ORCL) has an analysts’ mean recommendation of 2.20. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Oracle Corporation (NYSE:ORCL) will report earnings of $0.79 for the current quarter on or around 6/15/2017, however the company’s high EPS estimates are $0.79 and low estimates are $0.79. However the company reported $0.81 earnings per share for the same quarter during last year.

Previously Oracle Corporation (NYSE:ORCL) reported $0.63 earnings per share (EPS) for the quarter on 3/15/2017 After Market Close, beating the consensus estimate of $0.57 by $0.06. The company posted an earnings surprise of 10.53%.

While considering growth estimates of the company, it has next quarter growth estimates of 7.30% whereas during current quarter it has -2.50% estimations over growth, comparing to the estimations of 0.80% during current year and 7.60% for next year. Past 5 years growth of Oracle Corporation (NYSE:ORCL) observed at 6.42%, looking forward for the next 5 years it has a strong prediction of 8.75% over growth.

Oracle Corporation (NYSE:ORCL) revenue estimates for the current quarter are $10.45B according to 31 number of analysts, for the current quarter the company has high revenue estimates of $10.64B in contradiction of low revenue estimates of $10.32B. For the current year the company’s revenue estimates are $37.4B compared to low analyst estimates of $37.19B and high estimates of $37.6B according 35 number of analysts.

Currently Oracle Corporation (NYSE:ORCL) shares owned by insiders are 27.30%, whereas shares owned by institutional owners are 60.80%. However the six-month change in the insider ownership was recorded -0.58%, as well as three-month change in the institutional ownership was recorded -0.14%.

Oracle Corporation (NYSE:ORCL) trading -3.91% away from its 52 week high of $46.79 and +20.50% far from the stock’s low point over the past 52 weeks, which was $37.31. The stock hit its 52-week high on 03/16/17, and 52-week low on 10/13/16. The company’s trailing twelve month income is 8.92B dollars and is paying 1.42% dividend yield annually.

Oracle Corporation (NYSE:ORCL) trailing twelve month revenues are $37.43B, whereas its price to sales ratio for the same period is 4.92. Its book value per share for the most recent quarter is $12.32 while its price to book ratio for the same period is 3.65, as for as the company’s cash per share for the most recent quarter is $14.49, however its price to cash per share ratio for the same period is 3.10. The stock has a current PEG ratio of 2.43 where as its trailing twelve month P/E ratio is 21.26.

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