Oracle Corp (NYSE:ORCL) traded at $171.23 at close of the session on Monday, December 16 and made a downward move of -1.25% on its previous day’s price.
Looking at the stock we see that its previous close was $173.39 and the beta (5Y monthly) reads 1.013 with the day’s price range being $170.93 – $174.27. The company has a trailing 12-month PE ratio of 41.90. In terms of its 52-week price range, ORCL has a high of $198.31 and a low of $99.36. The company’s stock has lost about -8.46% over that past 30 days.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Oracle Corp has a market cap of $473.65 billion and is expected to release its quarterly earnings report in January. With its Forward Dividend at 1.60 and a yield of 0.93%, the company’s investors could be anxious for the ORCL stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 14.39B, with a low of 14.32B and a high of 14.58B. The median projection represents growth squeezing down to 8.35% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 57.7B, or 8.94% up from figures reported last year.
On the other hand, looking at the outlook for the ORCL stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 28 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 8 have rated the Oracle Corp (ORCL) stock as a Hold, while 20 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the ORCL stock currently stands at 3.94, and the current price level is -7.27% off its SMA20 and -4.96% from its 50-day simple moving average. The RSI (14) is pointing at 37.38 while the volatility over the past week is 2.84% and jumps to 2.54% over the past one month. The beta value is 1.04, while the average true range (ATR) is currently pointing at 5.53. The average price target for the stock over the next 12 months is $185, with the estimates having a low of $155 and a high of $220. These price ends are 9.48% and -28.48% off the current price level respectively, although investors could be excited at the prospect of a -8.04% if the ORCL share price touches on the median price of $185.
Coming back to Oracle Corp (NYSE:ORCL), we note that the average 3-month trading volume was 8.23 million, while that of the preceding 10-day period stands at 11.99 million. Current shares outstanding are 2.80 billion.
The insiders hold 41.59% of the company’s shares while institutions hold 44.13%. The data shows that short shares as of 2024-11-15, stood at 21.17 million at a short ratio of 3.47. This represents a 131.00 short interest in shares outstanding on 2024-11-15. Shares short rose in November from the previous month at 19.29 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 62.41% up in year-to-date price movement.
