Momentum Is Strong For Oracle Corp. (NYSE: ORCL)

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed AI Innovators Flock to Oracle to Address Some of the World’s Most Pressing Challenges.

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Stocks Info

This NYSE-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. The current market capitalization of Oracle Corp. is $351.26B. A total of 12.17 million shares were traded on the day, compared to an average of 8.99M shares.

In the most recent transaction, HENLEY JEFFREY sold 400,000 shares of ORCL for 126.92 per share on Mar 12 ’24. After the transaction, the Vice Chairman now owns 1,107,916 company shares. In a previous transaction on Dec 22 ’23, SELIGMAN NAOMI O sold 16,300 shares at 106.02 per share. ORCL shares that Director owns now total 34,771.

Among the insiders who sold shares, CONRADES GEORGE H disposed of 2,325 shares on Nov 13 ’23 at a per-share price of $113.76. This resulted in the Director holding 17,836 shares of ORCL after the transaction. In another insider transaction, CONRADES GEORGE H sold 2,325 shares at $111.97 per share on Nov 10 ’23. Company shares held by the Director now total 20,161.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Oracle Corp. pays an annual dividend of $1.60, resulting in a dividend yield of 1.25%, and it has a price to earnings (P/E) ratio of 33.77. ORCL’s most recent ex-dividend date was 4/9/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 4/24/2024. Previously, the company paid the dividend on 1/25/2024 with an ex-dividend date of 1/10/2024. The ORCL stock dividend was $0.40 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ORCL has a high of $129.37 and a low of $82.08.

As of this writing, ORCL has an earnings estimate of $1.51 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $1.57 per share and a lower estimate of $1.5. The company reported an EPS of $1.23 in the last quarter, which was 0.80% higher than expectations of $1.22.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $2.05, while its Total Shareholder’s Equity was -$5.77B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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 4.11.

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