Media coverage about Oracle Corporation (NYSE:ORCL) has been trending positive on Tuesday, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Oracle Corporation earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave media headlines about the enterprise software provider an impact score of 46.8497650795029 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s rankings:
- BRIEF-Oracle Health Sciences says Everest Group PEAK Matrix names co as top leader (feeds.reuters.com)
- Hot Stock’s Watch List: Oracle Corporation (NYSE: ORCL) – Alpha Beta Stock (alphabetastock.com)
- Interesting January 2020 Stock Options for ORCL – Nasdaq (nasdaq.com)
- Is Oracle Corporation (ORCL) a Great Stock for Value Investors? – Nasdaq (nasdaq.com)
- Oracle Shows Tech Middle Age Can Be Beautiful (finance.yahoo.com)
Oracle Corporation (NYSE ORCL) opened at $49.12 on Tuesday. The company has a market cap of $205,000.00, a PE ratio of 19.34, a PEG ratio of 1.88 and a beta of 1.07. The company has a current ratio of 3.63, a quick ratio of 3.61 and a debt-to-equity ratio of 0.86. Oracle Corporation has a 12-month low of $37.64 and a 12-month high of $53.14.
Oracle Corporation (NYSE:ORCL) last released its quarterly earnings results on Thursday, September 14th. The enterprise software provider reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. The business had revenue of $9.21 billion during the quarter, compared to analyst estimates of $9.03 billion. Oracle Corporation had a net margin of 25.34% and a return on equity of 20.55%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 earnings per share. research analysts expect that Oracle Corporation will post 2.68 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, October 25th. Stockholders of record on Wednesday, October 11th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, October 10th. This represents a $0.76 annualized dividend and a dividend yield of 1.55%. Oracle Corporation’s dividend payout ratio is currently 33.19%.
Several equities analysts have weighed in on the stock. Vetr upgraded shares of Oracle Corporation from a “buy” rating to a “strong-buy” rating and set a $55.49 target price for the company in a report on Monday. UBS AG restated a “neutral” rating and set a $55.00 target price (down from $57.00) on shares of Oracle Corporation in a report on Thursday, November 9th. BidaskClub downgraded shares of Oracle Corporation from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 4th. Zacks Investment Research upgraded shares of Oracle Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, Stifel Nicolaus restated a “buy” rating on shares of Oracle Corporation in a report on Sunday, October 22nd. Twelve investment analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $55.05.
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In related news, Director Jeffrey Berg sold 45,000 shares of the company’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $48.03, for a total value of $2,161,350.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $48.70, for a total transaction of $182,625.00. The disclosure for this sale can be found here. Insiders have sold 302,026 shares of company stock valued at $14,638,887 in the last 90 days. Insiders own 29.00% of the company’s stock.
Oracle Corporation Company Profile
Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.
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