With 7.81 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.66 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $171.89 whereas the lowest price it dropped to was $168.52. The 52-week range on ORCL shows that it touched its highest point at $198.31 and its lowest point at $106.51 during that stretch. It currently has a 1-year price target of $198.34. With its current market cap of 480.13 billion, ORCL has annualized dividend of $1.60 while the current yield stands at 0.93%. ORCL paid its most recent dividend on 1736467200, while the ex-dividend date for that was 1728518400. Beta for the stock currently stands at 1.06.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ORCL was up-trending over the past week, with a rise of 5.95%, but this was up by 3.21% over a month. Three-month performance surged to 0.96% while six-month performance rose 34.26%. The stock gained 48.25% in the past year, while it has gained 3.01% so far this year. A look at the trailing 12-month EPS for ORCL yields 4.09 with Next year EPS estimates of 7.02. For the next quarter, that number is 1.49. This implies an EPS growth rate of 10.47% for this year and 14.24% for next year. EPS is expected to grow by 13.61% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.54%.
Float and Shares Shorts:
At present, 2.80 billion ORCL shares are outstanding with a float of 1.64 billion shares on hand for trading. On 2024-11-15, short shares totaled 21.17 million, which was 76.0 higher than short shares on 1728950400. In addition to Mr. Lawrence J. Ellison as the firm’s Co-Founder, Chairman & CTO, Ms. Safra Ada Catz serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.44832 of ORCL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-31, ORCL reported revenue of $14059000000.0 and operating income of $4335000000.0. The EBITDA in the recently reported quarter was $5987000000.0 and diluted EPS was $1.1.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ORCL since 28 analysts follow the stock currently. There are 20 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ORCL analysts setting a high price target of 227.0 and a low target of 130.0, the average target price over the next 12 months is 195.36156. Based on these targets, ORCL could surge 32.24% to reach the target high and fall by -24.27% to reach the target low. Reaching the average price target will result in a growth of 13.81% from current levels.
Analysts have provided yearly estimates in a range of $5.60772 being high and $5.57768 being low. For ORCL, this leads to a yearly average estimate of $5.58769. Based on analyst estimates, the high estimate for the next quarter is $2.06 and the low estimate is $1.71. The average estimate for the next quarter is thus $1.8.
