Oracle Corporation (NYSE:ORCL) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Oracle Corporation (NYSE:ORCLGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the forty-two research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, twenty-nine have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $261.4595.

A number of brokerages have weighed in on ORCL. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $160.00 price target on shares of Oracle in a research note on Wednesday, March 11th. Stephens reaffirmed an “equal weight” rating and issued a $254.00 price target on shares of Oracle in a research note on Tuesday, April 7th. Monness Crespi & Hardt reaffirmed a “hold” rating on shares of Oracle in a research note on Wednesday, March 11th. Stifel Nicolaus cut their price target on shares of Oracle from $275.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Finally, Citigroup lifted their price target on shares of Oracle from $310.00 to $320.00 and gave the company a “buy” rating in a research note on Thursday, March 12th.

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Oracle News Roundup

Here are the key news stories impacting Oracle this week:

Oracle Stock Performance

ORCL stock opened at $181.36 on Wednesday. The business’s 50-day moving average price is $164.17 and its two-hundred day moving average price is $180.90. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.66. The firm has a market cap of $521.61 billion, a PE ratio of 32.56, a P/E/G ratio of 1.78 and a beta of 1.55. Oracle has a 1-year low of $134.57 and a 1-year high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last posted its earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.08. The firm had revenue of $17.19 billion for the quarter, compared to analyst estimates of $16.91 billion. Oracle had a return on equity of 62.70% and a net margin of 25.30%.The company’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, research analysts forecast that Oracle will post 6.08 earnings per share for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Thursday, April 9th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. Oracle’s payout ratio is presently 35.91%.

Insiders Place Their Bets

In other Oracle news, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total value of $2,642,850.00. Following the transaction, the executive vice president owned 3,429 shares of the company’s stock, valued at approximately $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company’s stock.

Institutional Trading of Oracle

A number of institutional investors have recently made changes to their positions in the business. Western Wealth Management LLC lifted its position in shares of Oracle by 57.3% in the first quarter. Western Wealth Management LLC now owns 14,951 shares of the enterprise software provider’s stock worth $2,200,000 after purchasing an additional 5,444 shares in the last quarter. Silicon Valley Capital Partners lifted its position in shares of Oracle by 72.5% in the first quarter. Silicon Valley Capital Partners now owns 146,150 shares of the enterprise software provider’s stock worth $21,500,000 after purchasing an additional 61,408 shares in the last quarter. Ariadne Wealth Management LP lifted its position in shares of Oracle by 3.0% in the first quarter. Ariadne Wealth Management LP now owns 6,275 shares of the enterprise software provider’s stock worth $923,000 after purchasing an additional 184 shares in the last quarter. Wilson & Boucher Capital Management LLC lifted its position in shares of Oracle by 0.5% in the first quarter. Wilson & Boucher Capital Management LLC now owns 14,269 shares of the enterprise software provider’s stock worth $2,099,000 after purchasing an additional 71 shares in the last quarter. Finally, Graney & King LLC bought a new stake in shares of Oracle in the first quarter worth $44,000. Institutional investors own 42.44% of the company’s stock.

Oracle Company Profile

(Get Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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Analyst Recommendations for Oracle (NYSE:ORCL)

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