2 weeks Ago By ABMN Staff
Oracle Co. ( NYSE:ORCL – Free Report ) – DA Davidson issued their FY2025 earnings per share estimates for Oracle in a report released on Tuesday, March 11th. DA Davidson analyst G.
Luria expects that the enterprise software provider will post earnings of $5.48 per share for the year. DA Davidson has a “Neutral” rating and a $150.
00 price objective on the stock. The consensus estimate for Oracle’s current full-year earnings is $5.00 per share.
Oracle ( NYSE:ORCL – Get Free Report ) last posted its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.
49 by ($0.02). Oracle had a return on equity of 133.
25% and a net margin of 21.16%. The company had revenue of $14.
13 billion during the quarter, compared to analysts’ expectations of $14.40 billion. During the same period in the prior year, the firm earned $1.
41 EPS. Oracle’s revenue for the quarter was up 6.4% compared to the same quarter last year.
View Our Latest Stock Report on Oracle Oracle Stock Up 1.2 % Shares of Oracle stock opened at $149.36 on Thursday.
The company has a 50-day simple moving average of $165.80 and a two-hundred day simple moving average of $169.41.
The stock has a market capitalization of $417.76 billion, a PE ratio of 36.52, a price-to-earnings-growth ratio of 3.
46 and a beta of 1.07. Oracle has a 52-week low of $112.
78 and a 52-week high of $198.31. The company has a debt-to-equity ratio of 5.
65, a quick ratio of 0.81 and a current ratio of 0.81.
Hedge Funds Weigh In On Oracle Hedge funds and other institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. grew its position in shares of Oracle by 5.
3% during the third quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider’s stock valued at $411,748,000 after purchasing an additional 121,874 shares in the last quarter.
McClarren Financial Advisors Inc. boosted its stake in Oracle by 201.7% during the fourth quarter.
McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider’s stock valued at $266,000 after buying an additional 1,069 shares during the last quarter. RMR Wealth Builders grew its holdings in Oracle by 383.
4% during the 4th quarter. RMR Wealth Builders now owns 7,155 shares of the enterprise software provider’s stock valued at $1,192,000 after buying an additional 5,675 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in Oracle by 24.
8% during the 4th quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider’s stock valued at $27,428,000 after buying an additional 32,718 shares in the last quarter. Finally, Crews Bank & Trust bought a new stake in Oracle in the 4th quarter worth approximately $1,800,000.
Institutional investors own 42.44% of the company’s stock. Insider Activity In other news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction that occurred on Wednesday, January 22nd.
The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90.
Following the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,331,027.20. This trade represents a 65.
26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website . Company insiders own 42.
20% of the company’s stock. Oracle Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be given a $0.
50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.
34%. This is an increase from Oracle’s previous quarterly dividend of $0.40.
The ex-dividend date of this dividend is Thursday, April 10th. Oracle’s payout ratio is presently 39.12%.
Oracle Company Profile ( Get Free Report ) Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing. Featured Stories Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.
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