Oracle Corporation (ORCL) EPS Estimated At $0.86

May 17, 2018 - By Karl Shevlin

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 has 0.12% invested in Oracle Corporation (NYSE:ORCL) for 7,700 shares. Whittier Tru Company has invested 0.76% of its portfolio in Oracle Corporation (NYSE:ORCL). Oppenheimer Incorporated holds 0.2% or 164,691 shares in its portfolio. Ferguson Wellman Cap reported 0.01% of its portfolio in Oracle Corporation (NYSE:ORCL). Pinnacle Associates Ltd holds 219,224 shares. Btc Cap Management invested in 0.44% or 54,553 shares. Financial Architects reported 0.12% stake. Cleararc Inc invested in 77,581 shares or 0.5% of the stock. 66,870 were accumulated by Edge Wealth Mngmt Ltd Llc. Tiaa Cref Invest Management Limited Liability Corp invested 0.63% of its portfolio in Oracle Corporation (NYSE:ORCL). 23,707 were reported by Dumont & Blake Invest Advisors Limited Company. California-based Los Angeles Cap Mngmt & Equity Research Incorporated has invested 0.26% in Oracle Corporation (NYSE:ORCL). Berkshire Asset Limited Liability Corp Pa accumulated 0.14% or 30,901 shares. Parsons Cap Mngmt Ri invested in 0.84% or 159,583 shares. First Allied Advisory Incorporated holds 0.15% of its portfolio in Oracle Corporation (NYSE:ORCL) for 77,795 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 $3.51B 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 9.87 million 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 stock of Oracle Corporation (NYSE:ORCL) has “Overweight” rating given on Wednesday, January 3 by Morgan Stanley. The rating was maintained by Credit Suisse on Tuesday, March 20 with “Outperform”. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, March 20. Raymond James maintained the stock with “Buy” rating in Friday, December 15 report. RBC Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Thursday, March 15 with “Hold” rating. Barclays Capital maintained the shares of ORCL in report on Monday, March 12 with “Overweight” rating. Piper Jaffray maintained it with “Buy” rating and $57.0 target in Thursday, February 15 report. The stock of Oracle Corporation (NYSE:ORCL) earned “Sector Perform” rating by RBC Capital Markets on Friday, December 15. Bank of America downgraded the shares of ORCL in report on Tuesday, March 20 to “Neutral” rating. Rosenblatt maintained Oracle Corporation (NYSE:ORCL) on Friday, December 15 with “Buy” rating.

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: Fool.com which released: “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)” on May 09, 2018, also Seekingalpha.com published article titled: “Oracle’s Cloud Transition Doesn’t Match Other Success Stories”, Seekingalpha.com published: “Oracle acquires ad targeting company Grapeshot” on April 24, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) was released by: Streetinsider.com and their article: “Oracle (ORCL) Announces Agreement to Acquire DataScience.com” with publication date: May 16, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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