Oracle Corporation [NYSE: ORCL] loss -0.58% or -0.51 points to close at $86.98 with a heavy trading volume of 15596146 shares. The company report on June 30, 2021 that Medallia Taps Oracle as a Preferred Cloud Infrastructure Provider to Power Medallia Experience Cloud.
Use of Oracle Cloud Infrastructure drives global expansion, lower costs for leader in customer and employee experience as it transitions to multi-cloud strategy.
Medallia will expand its go-to-market reach with Oracle; Medallia Experience Cloud available in Oracle Cloud Marketplace.
It opened the trading session at $86.91, the shares rose to $87.87 and dropped to $86.185, the range by which the price of stock traded the whole day. The daily chart for ORCL points out that the company has recorded 40.79% gains over the past six months. However, it is still -62.09% lower than its most recent low trading price.
If we look at the average trading volume of 12.49M shares, ORCL reached to a volume of 15596146 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Oracle Corporation [ORCL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ORCL shares is $79.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ORCL stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Oracle Corporation shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on May 10, 2021. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on April 23, 2021, representing the official price target for Oracle Corporation stock. Previously, the target price had yet another raise to $80, while DZ Bank analysts kept a Hold rating on ORCL stock.
The Average True Range (ATR) for Oracle Corporation is set at 2.00, with the Price to Sales ratio for ORCL stock in the period of the last 12 months amounting to 5.91. The Price to Book ratio for the last quarter was 47.27, with the Price to Cash per share for the same quarter was set at 16.92. Price to Free Cash Flow for ORCL in the course of the last twelve months was 22.39 with Quick ratio for the last quarter at 2.30.
Trading performance analysis for ORCL stock
Oracle Corporation [ORCL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.11. With this latest performance, ORCL shares gained by 12.15% in over the last four-week period, additionally plugging by 40.79% over the last 6 months – not to mention a rise of 58.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ORCL stock in for the last two-week period is set at 63.35, with the RSI for the last a single of trading hit 63.67, and the three-weeks RSI is set at 62.50 for Oracle Corporation [ORCL]. The present Moving Average for the last 50 days of trading for this stock 81.02, while it was recorded at 87.21 for the last single week of trading, and 68.59 for the last 200 days.
Oracle Corporation [ORCL]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Oracle Corporation [ORCL] shares currently have an operating margin of +38.99 and a Gross Margin at +77.19. Oracle Corporation’s Net Margin is presently recorded at +33.96.
Return on Total Capital for ORCL is now 17.60, given the latest momentum, and Return on Invested Capital for the company is 16.55. Return on Equity for this stock inclined to 158.80, with Return on Assets sitting at 11.15. When it comes to the capital structure of this company, Oracle Corporation [ORCL] has a Total Debt to Total Equity ratio set at 1,661.11. Additionally, ORCL Total Debt to Total Capital is recorded at 94.32, with Total Debt to Total Assets ending up at 66.36. Long-Term Debt to Equity for the company is recorded at 1,490.93, with the Long-Term Debt to Total Capital now at 84.66.
Reflecting on the efficiency of the workforce at the company, Oracle Corporation [ORCL] managed to generate an average of $104,136 per employee. Receivables Turnover for the company is 6.46 with a Total Asset Turnover recorded at a value of 0.33.Oracle Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.30 and a Current Ratio set at 2.30.
Oracle Corporation [ORCL]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ORCL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Oracle Corporation go to 10.60%.
An analysis of insider ownership at Oracle Corporation [ORCL]
There are presently around $115,524 million, or 48.90% of ORCL stock, in the hands of institutional investors. The top three institutional holders of ORCL stocks are: VANGUARD GROUP INC with ownership of 162,240,269, which is approximately -4.39% of the company’s market cap and around 40.90% of the total institutional ownership; BLACKROCK INC., holding 128,823,835 shares of the stock with an approximate value of $11.21 billion in ORCL stocks shares; and STATE STREET CORP, currently with $6.65 billion in ORCL stock with ownership of nearly -4.74% of the company’s market capitalization.
Positions in Oracle Corporation stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 938 institutional holders increased their position in Oracle Corporation [NYSE:ORCL] by around 53,847,220 shares. Additionally, 918 investors decreased positions by around 91,147,916 shares, while 294 investors held positions by with 1,183,173,547 shares. The mentioned changes placed institutional holdings at 1,328,168,683 shares, according to the latest SEC report filing. ORCL stock had 170 new institutional investments in for a total of 13,049,018 shares, while 102 institutional investors sold positions of 4,558,720 shares during the same period.