A new trading day began on Monday, with Oracle Corp (NYSE: ORCL) stock price down -1.86% from the previous day of trading, before settling in for the closing price of $184.84. ORCL’s price has ranged from $99.26 to $196.04 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 6.21% over the last five years. Meanwhile, its annual earnings per share averaged 12.99%. With a float of $1.62 billion, this company’s outstanding shares have now reached $2.77 billion.
The firm has a total of 159000 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Oracle Corp is 41.58%, while institutional ownership is 44.55%. 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) Earnings and Forecasts
In its latest quarterly report, released on 8/31/2024, the company reported earnings of 1.34 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 11.95% during the next five years compared to 4.54% growth over the previous five years of trading.
Oracle Corp (NYSE: ORCL) Trading Performance Indicators
Here are Oracle Corp’s current performance indicators. According to the last quarter’s results, the 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 9.34. Likewise, its price to free cash flow for the trailing twelve months is 44.60.
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)
Analysing the last 5-days average volume posted by the [Oracle Corp, ORCL], we can find that recorded value of 8.68 million was better than the volume posted last year of 8.25 million. As of the previous 9 days, the stock’s Stochastic %D was 8.39%. Additionally, its Average True Range was 4.30.
During the past 100 days, Oracle Corp’s (ORCL) raw stochastic average was set at 79.19%, which indicates a significant increase from 2.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.12% in the past 14 days, which was lower than the 31.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $177.40, while its 200-day Moving Average is $141.99. Now, the first resistance to watch is $184.13. This is followed by the second major resistance level at $186.86. The third major resistance level sits at $188.42. If the price goes on to break the first support level at $179.84, it is likely to go to the next support level at $178.28. Should the price break the second support level, the third support level stands at $175.55.
Oracle Corp (NYSE: ORCL) Key Stats
With a market capitalization of 502.70 billion, the company has a total of 2,771,063K Shares Outstanding. Currently, annual sales are 52,961 M while annual income is 10,467 M. The company’s previous quarter sales were 13,307 M while its latest quarter income was 2,929 M.
