Is Oracle Corp. (ORCL) a good stock to buy now?

Oracle Corp. (NYSE: ORCL) is 10.63% higher on its value in year-to-date trading and has touched a low of $82.04 and a high of $127.54 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ORCL stock was last observed hovering at around $14.31M in the last trading session, with the day’s gains setting it 102.37%.

Currently trading at $116.68, the stock is 1.00% and 5.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.19 and changing 116.64% at the moment leaves the stock Dec 11 AMC off its SMA200. ORCL registered 34.55% gain for a year compared to 6-month loss of 3.23%. The firm has a 50-day simple moving average (SMA 50) of $7.76 and a 200-day simple moving average (SMA200) of $19.82.

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The stock witnessed a 12.24% gain in the last 1 month and extending the period to 3 months gives it a 3.84%, and is 0.73% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.67% over the week and 1.68% over the month.

Oracle Corp. (ORCL) has around Jan 10 2024 employees, a market worth around $320.63B and $51.63B in sales. Current P/E ratio is 32.26 and Fwd P/E is 18.78. Profit margin for the company is 19.64%. Distance from 52-week low is 42.17% and -8.55% from its 52-week high. The company has generated returns on investments over the last 12 months (11.74%).

Oracle Corp. quarterly earnings per share for the current quarter are estimated at $1.37 with sales reaching $13.31B over the same period.The EPS is expected to grow by 8.45% this year, but quarterly earnings will post 7.00% year-over-year.

Oracle Corp. (ORCL) Top Institutional Holders

3,269 institutions hold shares in Oracle Corp. (ORCL), with institutional investors hold 75.10% of the company’s shares. The shares outstanding are 2.71B, and float is at 1.60B with Short Float at 0.90%. Institutions hold 43.59% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 147.27 million shares valued at $17.18 billion. The investor’s holdings represent 5.36% of the ORCL Shares outstanding. As of Sep 29, 2023, the second largest holder is Blackrock Inc. with 121.23 million shares valued at $14.14 billion to account for 4.41% of the shares outstanding. The other top investors are State Street Corporation which holds 63.02 million shares representing 2.29% and valued at over $7.35 billion, while JP Morgan Chase & Company holds 1.41% of the shares totaling 38.84 million with a market value of $4.53 billion.

Oracle Corp. (ORCL) Insider Activity

A total of 12 insider transactions have happened at Oracle Corp. (ORCL) in the last six months, with sales accounting for 8 and purchases happening 4 times. The most recent transaction is an insider sale by SELIGMAN NAOMI O ,the company’sDirector. SEC filings show that SELIGMAN NAOMI O sold 16,300 shares of the company’s common stock on Dec 22 at a price of $106.02 per share for a total of $1.73 million. Following the sale, the insider now owns 34771.0 shares.

Oracle Corp. disclosed in a document filed with the SEC on Nov 13 that CONRADES GEORGE H (Director) sold a total of 2,325 shares of the company’s common stock. The trade occurred on Nov 13 and was made at $113.76 per share for $0.26 million. Following the transaction, the insider now directly holds 17836.0 shares of the ORCL stock.

Still, SEC filings show that on Nov 10, CONRADES GEORGE H (Director) disposed off 2,325 shares at an average price of $111.97 for $0.26 million. The insider now directly holds 20,161 shares of Oracle Corp. (ORCL).

Oracle Corp. (ORCL): Who are the competitors?

The company’s main competitors (and peers) include Microsoft Corp. (MSFT) that is trading 55.00% up over the past 12 months. Alphabet Inc. Cl C (GOOG) that is 58.13% higher over the same period.