Analysts See $0.61 EPS for Oracle Corporation (ORCL)

August 13, 2018 - By Hazel Jackson

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment decreased to 0.87 in 2018 Q1. Its down 0.28, from 1.15 in 2017Q4. It dived, as 83 investors sold Oracle Corporation shares while 569 reduced holdings. 118 funds opened positions while 449 raised stakes. 2.24 billion shares or 1.97% less from 2.29 billion shares in 2017Q4 were reported.
Spectrum Mngmt Group Inc invested in 0% or 250 shares. Berkshire Asset Management Ltd Liability Company Pa stated it has 0.14% of its portfolio in Oracle Corporation (NYSE:ORCL). Haverford accumulated 1.49M shares. Moreover, Cohen Klingenstein Lc has 0.28% invested in Oracle Corporation (NYSE:ORCL). Ardevora Asset Mngmt Llp reported 0.82% stake. Moreover, Birch Hill Invest Advsrs Limited Liability Corp has 0.24% invested in Oracle Corporation (NYSE:ORCL) for 62,007 shares. Ameritas Ptnrs accumulated 121,180 shares. Midas Corporation owns 45,000 shares. Bluemountain Capital Mgmt Lc holds 0.04% or 37,913 shares in its portfolio. Leavell Inv Mngmt Inc stated it has 0.14% in Oracle Corporation (NYSE:ORCL). Cleararc Inc stated it has 77,183 shares or 0.53% of all its holdings. Hanson Mcclain holds 0.03% or 9,338 shares in its portfolio. Bancshares Of America Corp De reported 0.22% in Oracle Corporation (NYSE:ORCL). 15,961 are owned by Ramsay Stattman Vela Price. Tci Wealth Advisors Incorporated reported 5,396 shares.

Analysts expect Oracle Corporation (NYSE:ORCL) to report $0.61 EPS on September, 13.They anticipate $0.06 EPS change or 10.91 % from last quarter’s $0.55 EPS. ORCL’s profit would be $2.43 billion giving it 19.80 P/E if the $0.61 EPS is correct. After having $0.91 EPS previously, Oracle Corporation’s analysts see -32.97 % EPS growth. The stock decreased 0.45% or $0.22 during the last trading session, reaching $48.32. About 10.50 million shares traded. Oracle Corporation (NYSE:ORCL) has risen 3.98% since August 13, 2017 and is uptrending. It has underperformed by 8.59% the S&P500.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 22 analysts covering Oracle Corp (NYSE:ORCL), 10 have Buy rating, 0 Sell and 12 Hold. Therefore 45% are positive. Oracle Corp had 24 analyst reports since February 15, 2018 according to SRatingsIntel. The stock has “Buy” rating by Nomura on Thursday, June 14. The stock of Oracle Corporation (NYSE:ORCL) earned “Hold” rating by Wedbush on Wednesday, June 20. The company was maintained on Monday, March 12 by Barclays Capital. As per Wednesday, June 20, the company rating was maintained by Bernstein. The stock of Oracle Corporation (NYSE:ORCL) has “Outperform” rating given on Tuesday, March 20 by Credit Suisse. Stifel Nicolaus maintained it with “Hold” rating and $50 target in Wednesday, June 20 report. Rosenblatt downgraded Oracle Corporation (NYSE:ORCL) on Wednesday, June 20 to “Neutral” rating. The rating was downgraded by J.P. Morgan on Thursday, June 14 to “Hold”. The rating was maintained by UBS on Wednesday, June 20 with “Neutral”. The company was downgraded on Thursday, June 14 by JP Morgan.

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 $192.37 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 53.69 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: Fool.com which released: “Better Buy: Oracle (ORCL) vs. International Business Machines (IBM)” on August 12, 2018, also Seekingalpha.com with their article: “Oracle: The Leopard Is Finally Changing Its Spots” published on August 07, 2018, Seekingalpha.com published: “Class action charges Oracle with lying about cloud sales” on August 10, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Businesswire.com and their article: “EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit against Oracle Corporation …” published on August 10, 2018 as well as Fool.com‘s news article titled: “Why Cloud Growth Isn’t Helping Oracle Stock” with publication date: August 08, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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