Analysts Estimate Report : What to Look Out for Oracle (NYSE:ORCL)

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Earnings results for Oracle (NYSE:ORCL)

Oracle Corporation is expected* to report earnings on 09/10/2020 after market close. The report will be for the fiscal Quarter ending Aug 2020. According to Zacks Investment Research, based on 8 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.75. The reported EPS for the same quarter last year was $0.71.

Oracle last posted its earnings results on June 16th, 2020. The enterprise software provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.12. The company had revenue of $10.44 billion for the quarter, compared to analysts’ expectations of $10.72 billion. Its revenue was down 6.3% compared to the same quarter last year. Oracle has generated $3.46 earnings per share over the last year and currently has a price-to-earnings ratio of 18.4. Oracle has confirmed that its next quarterly earnings report will be published on Thursday, September 10th, 2020.

Analyst Opinion on Oracle (NYSE:ORCL)

26 Wall Street analysts have issued ratings and price targets for Oracle in the last 12 months. Their average twelve-month price target is $54.73, predicting that the stock has a possible downside of 3.91%. The high price target for ORCL is $62.50 and the low price target for ORCL is $41.00. There are currently 1 sell rating, 17 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Hold.”

Oracle has received a consensus rating of Hold. The company’s average rating score is 2.31, and is based on 7 buy ratings, 17 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $54.73, Oracle has a forecasted downside of 3.9% from its current price of $56.95. Oracle has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Oracle (NYSE:ORCL)

Oracle pays a meaningful dividend of 1.74%, higher than the bottom 25% of all stocks that pay dividends. Oracle has only been increasing its dividend for 1 years. The dividend payout ratio of Oracle is 27.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Oracle will have a dividend payout ratio of 24.94% next year. This indicates that Oracle will be able to sustain or increase its dividend.

Insiders buying/selling: Oracle (NYSE:ORCL)

In the past three months, Oracle insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $344,646,000.00 in company stock. 36.60% of the stock of Oracle is held by insiders. A high percentage of insider ownership can be a sign of company health. 48.24% of the stock of Oracle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Oracle (NYSE:ORCL

Earnings for Oracle are expected to grow by 7.54% in the coming year, from $3.58 to $3.85 per share. The P/E ratio of Oracle is 18.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.73. The P/E ratio of Oracle is 18.37, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 60.49. Oracle has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued. Oracle has a P/B Ratio of 13.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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