Oracle Corp (NYSE: ORCL) kicked off on Friday, down -1.77% from the previous trading day, before settling in for the closing price of $187.05. Over the past 52 weeks, ORCL has traded in a range of $99.26-$191.77.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 6.21% over the past five years. While this was happening, its average annual earnings per share was recorded 12.99%. With a float of $1.62 billion, this company’s outstanding shares have now reached $2.75 billion.
Let’s look at the performance matrix of the company that is accounted for 159000 employees. In terms of profitability, gross margin is 69.93%, operating margin of 30.18%, and the pretax margin is 23.4%.
Oracle Corp (ORCL) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Oracle Corp is 41.67%, while institutional ownership is 44.68%. The most recent insider transaction that took place on Sep 16 ’24, was worth 1,042,800. In this transaction EVP, Chief Accounting Officer of this company sold 6,320 shares at a rate of $165.00, taking the stock ownership to the 42,889 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Officer proposed sale 6,320 for $165.00, making the entire transaction worth $1,042,800.
Oracle Corp (ORCL) Latest Financial update
In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported 1.34 earnings per share (EPS), higher than consensus estimate (set at 1.33) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.69% during the next five years compared to 4.54% growth over the previous five years of trading.
Oracle Corp (NYSE: ORCL) Trading Performance Indicators
Take a look at Oracle Corp’s (ORCL) current performance indicators. Last quarter, stock had a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.29. Likewise, its price to free cash flow for the trailing twelve months is 44.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.88, a number that is poised to hit 1.48 in the next quarter and is forecasted to reach 7.15 in one year’s time.
Technical Analysis of Oracle Corp (ORCL)
Oracle Corp (NYSE: ORCL) saw its 5-day average volume 7.02 million, a negative change from its year-to-date volume of 8.26 million. As of the previous 9 days, the stock’s Stochastic %D was 77.60%. Additionally, its Average True Range was 3.82.
During the past 100 days, Oracle Corp’s (ORCL) raw stochastic average was set at 87.84%, which indicates a significant increase from 67.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.92% in the past 14 days, which was higher than the 30.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $172.14, while its 200-day Moving Average is $138.38. Nevertheless, the first resistance level for the watch stands at $185.58 in the near term. At $187.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $189.05. If the price goes on to break the first support level at $182.11, it is likely to go to the next support level at $180.49. The third support level lies at $178.64 if the price breaches the second support level.
Oracle Corp (NYSE: ORCL) Key Stats
The company with the Market Capitalisation of 500.15 billion has total of 2,771,063K Shares Outstanding. Its annual sales at the moment are 52,961 M in contrast with the sum of 10,467 M annual income. Company’s last quarter sales were recorded 13,307 M and last quarter income was 2,929 M.
