Stock Lower in Session: Oracle Corporation (NYSE:ORCL)

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The Redwood City, CA-based I.T. giant reported Q1 earnings per share (EPS) of $0.62, which was $0.02 better than the Wall Street consensus estimate of $0.60.

Excluding certain items, 62 cents in earnings per share vs. 60 cents in earnings per share as expected by analysts, according to Thomson Reuters.

ORCL has been the topic of a number of other reports.

Jefferies Group LLC reissued a buy rating and issued a $52.00 target price on shares of Oracle Corporation in a report on Tuesday, June 20th. They noted that the move was a valuation call.

On 9/12/2017, RBC Capital Markets released a statement on Oracle (NYSE:ORCL) upped the target price from $53.00 to $56.00 that suggested an upside of 0.06%. The rating was downgraded by Vetr to "Buy" on Thursday, August 6. The stock of Oracle Corporation (NYSE:ORCL) has "Buy" rating given on Wednesday, March 16 by Goldman Sachs.

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Among 10 analysts covering RWE AG (OTCMKTS:RWEOY), 6 have Buy rating, 1 Sell and 3 Hold. This trading sentiment put the stock on Active spotlight. Oracle Corporation's payout ratio is 34.55%.

Cloud revenue growth drove strong first-quarter earnings at Oracle Corp. with revenue of $9.2 billion and earnings per share of 62 cents both surpassing analyst expectations. The enterprise software provider reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.02. (NYSE:PAY) fell -1.55% to close at $20.98. In comparison, previous year the company earned revenue of $8.6 billion and had a net profit of $1.83 billion. The company has market cap of $9.68 billion. The rating was maintained by UBS on Thursday, December 17 with "Buy". If you are accessing this news story on another publication, it was illegally copied and republished in violation of worldwide copyright & trademark law. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2017/09/15/oracle-corporation-orcl-upgraded-to-buy-at-zacks-investment-research.html. Oracle Corporation also announced a dividend for shareholders paid on Wednesday August 2nd, 2017. Dekabank Deutsche Girozentrale holds 0.59% or 1.43M shares. This represents a $0.76 dividend on an annualized basis and a yield of 1.44%. The stock has a beta value of 1.05. Analysts anticipate that traders could see stock price minimum in the $39 range (lowest target price). After a recent check, it is observed that the insiders for the firm now own 27.20% shares. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The disclosure for this sale can be found here. Anderson Hoagland & Co sold 67,565 shares as the company's stock rose 5.35% with the market.

The revenue side of the equation is even worse than the overvaluation on the earnings side because Oracle has even slower revenue growth.

Also the profit margin for cloud software would have to exceed 80 percent. As of quarter end Cantab Capital Partners Llp had bought 31,540 shares growing its holdings by 61.5%. Susquehanna Interest Gp Ltd Liability Partnership holds 0% of its portfolio in Saul Centers Inc (NYSE:BFS) for 11,811 shares. The stock declined 7.06% or $3.73 reaching $49.13 on the news. Finally, BerganKDV Wealth Management LLC increased its holdings in Oracle Corporation by 2.3% during the 2nd quarter.

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