Oracle Corp. [NYSE: ORCL] price surged by 0.20 percent to reach at $0.35.
The one-year ORCL stock forecast points to a potential upside of 2.63. The average equity rating for ORCL stock is currently 1.94, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on Oracle Corp. [ORCL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ORCL shares is $180.88 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 1.94. 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.
Melius have made an estimate for Oracle Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 16, 2024. The new note on the price target was released on September 10, 2024, representing the official price target for Oracle Corp. stock. Previously, the target price had yet another raise from $160 to $173, while BMO Capital Markets kept a Market Perform rating on ORCL stock. On June 17, 2024, analysts increased their price target for ORCL shares from 142 to 160.
The Average True Range (ATR) for Oracle Corp. is set at 3.71, with the Price to Sales ratio for ORCL stock in the period of the last 12 months amounting to 9.07. The Price to Book ratio for the last quarter was 45.12, with the Price to Cash per share for the same quarter was set at 3.94. Price to Free Cash Flow for ORCL in the course of the last twelve months was 43.30 with Quick ratio for the last quarter at 0.72.
ORCL Stock Performance Analysis:
Oracle Corp. [ORCL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.62. With this latest performance, ORCL shares gained by 8.70% in over the last four-week period, additionally plugging by 46.91% over the last 6 months – not to mention a rise of 61.42% 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 69.51, with the RSI for the last a single of trading hit 69.18, and the three-weeks RSI is set at 68.88 for Oracle Corp. [ORCL]. The present Moving Average for the last 50 days of trading for this stock 152.34, while it was recorded at 175.99 for the last single week of trading, and 130.05 for the last 200 days.
Insight into Oracle Corp. Fundamentals:
Oracle Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.72 and a Current Ratio set at 0.72.
ORCL Stock EPS
With the latest financial reports released by the company, Oracle Corp. posted 1.23/share EPS, while the average EPS was predicted by analysts to be reported at 1.22/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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 Corp. go to 12.69%.
Oracle Corp. [ORCL] Institutonal Ownership Details
There are presently around $44.29%, or 75.83%% of ORCL stock, in the hands of institutional investors. The top three institutional holders of ORCL stocks are: VANGUARD GROUP INC with ownership of 153.15 million shares, which is approximately 5.5631%. BLACKROCK INC., holding 128.6 million shares of the stock with an approximate value of $$18.16 billion in ORCL stocks shares; and BLACKROCK INC., currently with $$9.69 billion in ORCL stock with ownership which is approximately 2.4916%.