What Are The Chances Of Oracle Corp. (NYSE: ORCL) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Oracle Named a Leader in 2024 Gartner® Magic Quadrant™ for Transportation Management Systems for 17th Time.

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Stocks Info

As a NYSE listed company, ORCL falls under the Technology sector while operating within the Software – Infrastructure industry segment. The current market capitalization of Oracle Corp. is $338.73B. A total of 6.67 million shares were traded on the day, compared to an average of 8.94M shares.

In the most recent transaction, CATZ SAFRA sold 810,000 shares of ORCL for 125.06 per share on Mar 27 ’24. After the transaction, the Chief Executive Officer now owns 1,118,592 company shares. In a previous transaction on Mar 26 ’24, CATZ SAFRA sold 790,000 shares at 126.54 per share. ORCL shares that Chief Executive Officer owns now total 1,118,592.

Among the insiders who sold shares, CATZ SAFRA disposed of 1,150,000 shares on Mar 25 ’24 at a per-share price of $126.53. This resulted in the Chief Executive Officer holding 1,118,592 shares of ORCL after the transaction. In another insider transaction, BERG JEFFREY sold 45,000 shares at $127.80 per share on Mar 18 ’24. Company shares held by the Director now total 207,409.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Oracle Corp. pays an annual dividend of $1.60, resulting in a dividend yield of 1.30%, and it has a price to earnings (P/E) ratio of 32.56. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ORCL has a high of $132.77 and a low of $93.20.

As of this writing, ORCL has an earnings estimate of $1.65 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $1.71 per share and a lower estimate of $1.63. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 4.14.

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