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Saturday, December 2, 2023

Searching For Real Value In Market Debris At Oracle Corp. (NYSE: ORCL)

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Oracle Corp. (ORCL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.06, or -0.06%, to $103.34. The Oracle Corp. has recorded 865,688 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Oracle Named a Leader in 2023 Gartner® Magic Quadrant™ for Distributed Hybrid Infrastructure.

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Stocks Info

ORCL belongs to the Technology sector of the NYSE while operating in the Software – Infrastructure industry. At the end of the last regular session, the stock closed at $103.40 and fluctuated between $103.52 as its day high and $101.10 as its day low. The current market capitalization of Oracle Corp. is $283.25B. A total of 6.26 million shares were traded on the day, compared to an average of 9.90M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ORCL has seen 7 BUY and 7 SELL insider trades, representing the acquisition of 169,125 and the disposition of 81,548 shares. Over the last 12 months, there were 38 BUYs and 47 SELLs from insiders. Insiders purchased 13,601,594 shares during that period but sold 13,503,149.

In the most recent transaction, Smith Maria sold 3,680 shares of ORCL for 115.00 per share on Jul 07. After the transaction, the EVP, Chief Accounting Officer now owns 16,600 company shares. In a previous transaction on Jul 05, Smith Maria sold 1,320 shares at 116.78 per share. ORCL shares that EVP, Chief Accounting Officer owns now total 20,280.

Among the insiders who sold shares, ELLISON LAWRENCE JOSEPH disposed of 1,750,000 shares on Jun 23 at a per-share price of $118.79. This resulted in the Executive Chairman holding 1,145,732,353 shares of ORCL after the transaction. In another insider transaction, BOSKIN MICHAEL J sold 90,000 shares at $118.83 per share on Jun 23. Company shares held by the Director now total 87,473.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Oracle Corp. pays an annual dividend of $1.45, resulting in a dividend yield of 1.40%, and it has a price to earnings (P/E) ratio of 30.76. ORCL’s most recent ex-dividend date was 10/11/2023 when it declared a $0.40 quarterly dividend that was paid in cash on 10/26/2023. Previously, the company paid the dividend on 7/26/2023 with an ex-dividend date of 7/11/2023. The ORCL stock dividend was $0.40 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ORCL in the last 3 months, the mean price target is $129.21 with high estimates of $150.00 and low estimates of $92.60. In terms of 52-week highs and lows, ORCL has a high of $127.54 and a low of $74.05.

As of this writing, ORCL has an earnings estimate of $1.25 per share for the current quarter. EPS was calculated based on a consensus of 24 estimates, with a high estimate of $1.29 per share and a lower estimate of $1.24. The company reported an EPS of $1.67 in the last quarter, which was 5.70% higher than expectations of $1.58.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ORCL’s latest balance sheet shows that the firm has $21.90B in Cash & Short Term Investments as of fiscal 2022. There were $75.86B in debt and $19.51B in liabilities at the time. Its Book Value Per Share was $0.87, while its Total Shareholder’s Equity was -$5.77B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ORCL is Buy with a score of 3.92.

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