$ 0.62 EPS expected for Oracle Corporation (ORCL) – tech2.org

$ 0.62 EPS expected for Oracle Corporation (ORCL)


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December 3, 2017 – By Linda Rogers

   $ 0.62 expected EPS for Oracle Corporation (ORCL)
Investor confidence is 0.95 in the second quarter of 2017. It is the same as in 2017Q1. It is flat, since 49 investors sold shares of Oracle Corporation, while 572 reduced their holdings. only 140 funds opened positions, while 449 increased. 2.35 billion shares were reported or 0.02% less than 2.35 billion shares in 2017Q1.
American International owns 0.24% or 1.37 million shares in its portfolio. Parkside Financial Bank and Tru have 3,257 shares for 0.07% of their portfolio. Kidder Stephen W owns 85,775 shares for 1.63% of his portfolio. Sg Americas Securities Ltd Limited Liability Company owns 577,952 shares. Mackenzie Financial Corporation accumulated 10.59 million shares or 2.96% of the shares. Ensemble Mgmt Limited Company reported 322,482 shares. Buckingham Asset Mngmt Lc owns 0.3% invested in Oracle Corporation (NYSE: ORCL) for 25,258 shares. Acadian Asset Mgmt has invested 0.07% in Oracle Corporation (NYSE: ORCL). Vantage Inv Limited holds 7,933 shares or 0.11% of its portfolio. Camarda Fincl Advisors Lc invested in 2,239 shares or 0.12% of the shares. Brown Advisory Securities Limited Liability Company, a fund based in Maryland, reported 6,777 shares. Daiwa Group Inc accumulated 310,388 shares. Fisher Asset Mngmt Ltd Liability Corporation invested 0.91% in Oracle Corporation (NYSE: ORCL). Swarthmore Gp Incorporated owns 2.96% in Oracle Corporation (NYSE: ORCL) or 255,500 shares. Stevens Cap Mngmt L P accumulated 269,299 shares or 0.51% of the shares.

Analysts expect Oracle Corporation (NYSE: ORCL) to report $ 0.62 EPS on December 21. They anticipate $ 0.07 of change of EPS or 12.73% of the last quarter of $ 0.55 EPS. The ORCL profit would be $ 2.59B giving you 20.00 P / E if the EPS of $ 0.62 is correct. After having $ 0.55 EPS previously, Oracle Corporation badysts see an EPS growth of 12.73%. The stock increased 1.12% or $ 0.55 during the last trading session, reaching $ 49.61. Around 15.90 million shares traded or 2.94% more than the average. Oracle Corporation (NYSE: ORCL) has risen 14.08% since December 3, 2016 and is trending upward. It has underperformed 2.62% on the S & P500.

Oracle Corporation (NYSE: ORCL) Ratings Coverage

Among 38 badysts covering Oracle (NYSE: ORCL), 28 are rated Buy, 0 Sell and 10 Hold. Therefore, 74% are positive. Oracle had 97 badyst reports from July 30, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with "Buy" on Friday, August 25. FBR Capital downgraded Oracle Corporation (NYSE: ORCL) on Thursday, November 5 to the "Mkt Perform" rating. UBS kept it with a "Purchase" rating and a target of $ 5200 in the report on Thursday, June 22. BTIG Research maintained the inventory with a "Buy" rating in the report on Thursday, July 14. According to Friday June 17, Wunderlich maintained the rating of the company. Stifel Nicolaus kept the shares rated "Buy" in the report on Thursday, October 19. According to Tuesday, June 20, Jefferies maintained the company's rating. The stock was rated "overweight" by JP Morgan on Thursday, March 16. The company was rated "Buy" on Monday, September 11 by Cowen & Co. The company was maintained on Friday, September 23 by Stifel Nicolaus.

Oracle Corporation develops, manufactures, markets, sells, hosts and supports application technologies, platforms and infrastructures for information technology environments around the world. The company has a market capitalization of $ 207.05 billion. It provides services in three main layers of the cloud: software as a service, platform as a service and infrastructure as a service. It has a P / E ratio of 21.58. The company licenses its Oracle Database software, which allows the storage, retrieval and manipulation of data; and Oracle Fusion Middleware software to build, implement, secure, access and integrate commercial applications, as well as to automate your business processes.

Most recent important news from Oracle Corporation (NYSE: ORCL) was published by: Benzinga.com, which launched: "UBS: The Street Is Not Pricing in Oracle Cloud Transition" on November 9, 2017, also Nasdaq.com with his article: "Is Oracle Corporation (ORCL) a great action for investors in value?" Published on November 13, 2017, Seekingalpha.com published: "Oracle intends to end 2017 in the clouds" on November 26, 2017. More interesting news about Oracle Corporation (NYSE: ORCL) was released by: Seekingalpha.com and its article : "Oracle CEOs (ORCL) Safra Catz and Mark Hurd organize the Annual Meeting of …" published on November 16, 2017, as well as Seekingalpha.com's news article entitled: "Oracle: a lagging technology that can be attractive now "with publication date: November 17, 2017.

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