The company provided EPS guidance of $1.16-$1.20 for the period, compared to the consensus earnings per share estimate of $1.28. The company issued revenue guidance of $11.91 billion-$12.12 billion, compared to the consensus revenue estimate of $12.17 billion. Oracle declared a quarterly dividend on Monday, September 12th. Stockholders of record on Wednesday, October 12th will be given a dividend of $0.32 per share on Tuesday, October 25th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Tuesday, October 11th. Maintaining independence and editorial freedom is essential to our mission of empowering investor success.
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of ORCL stock our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. These returns cover a period from January 1, 1988 through September 12, 2022.
Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. DotBig Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
Oracle – ORCL Price Target & Analyst Ratings
Oracle has been one of the stocks most watched by Zacks.com users lately.
Funds sell technology, buy basic materials and financial services. After a decade of outperformance, these mega-cap stocks are significantly overvalued today. See https://dotbig.com/ price and Buy/Sell Oracle with any amount of money. Discuss news and analysts’ price predictions with the investor community. Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements. Analysts like Oracle less than other Computer and Technology companies.
Oracle pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. There’s DotBig a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Telefonaktiebolaget LM Ericsson (ERIC – Research Report), Oracle (ORCL – Research Report) and Alphabet Class C (GOOG – Research…
Oracle Management
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- Oracle Stock Holds Firm As Cerner Lifts Q1 Cloud Sales, Adds To Solid 2023 Outlook"We continue to expect organic revenue growth in our cloud business will accelerate substantially," said CEO Safra Catz.
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In a report released today, Kash Rangan from Goldman Sachs maintained a Sell rating on Oracle (ORCL – Research Report), with a price target of $72.00. The company’s shares closed yesterday at $69.25.Rangan covers the Techn… Provide specific products and services to you, such as portfolio management or data aggregation. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
Oracle (ORCL) Extends its Business Application to Developers
The average twelve-month price prediction for Oracle is $88.25 with a high price target of $120.00 and a low price target https://dotbig.com/markets/stocks/ORCL/ of $70.00. We sell different types of products and services to both investment professionals and individual investors.
Oracle Corporation (ORCL) Company Bio
That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Benzinga reviews this weekend’s top stories covered by Barron’s and other leading media outlets, here are the articles investors need to read. KeyBanc analyst Michael Turits upgraded Oracle stock to Overweight from Sector Weight.
Oracle Historical Prices
On the other hand, management’s target of non-GAAP operating margins of 45% by fiscal 2026 seemed very realistic to us; we continue to expect Oracle to reach 47% by fiscal 2026. Margin bridges revealed during the day gave us further confidence that 47% can be reached. All considered, we are maintaining our $67 fair value estimate and believe the shares are fairly valued. The chart below shows how a company’s ratings by analysts Oracle Corporation stock have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market.
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