Oracle Corp (NYSE: ORCL) is -7.29% lower on its value in year-to-date trading and has touched a low of $102.72 and a high of $198.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ORCL stock was last observed hovering at around $163.14 in the last trading session, with the day’s loss setting it -8.64%.
Currently trading at $154.50, the stock is -8.16% and -13.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.93 million and changing -5.30% at the moment leaves the stock 3.63% off its SMA200. ORCL registered 49.09% gain for a year compared to 6-month gain of 8.22%. The firm has a 50-day simple moving average (SMA 50) of $177.6472 and a 200-day simple moving average (SMA200) of $149.0878.
The stock witnessed a -18.88% loss in the last 1 month and extending the period to 3 months gives it a -13.34%, and is -6.94% down 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 2.18% over the week and 2.30% over the month.
Oracle Corp (ORCL) has around 159000 employees, a market worth around $432.13B and $54.93B in sales. Current P/E ratio is 37.81 and Fwd P/E is 21.98. Profit margin for the company is 21.16%. Distance from 52-week low is 50.41% and -22.09% from its 52-week high. The company has generated returns on investments over the last 12 months (12.34%).
with sales reaching $14.39B over the same period.The EPS is expected to grow by 10.46% this year, but quarterly earnings will post 8.96% year-over-year. Quarterly sales are estimated to grow 8.35% in year-over-year returns.
Oracle Corp (ORCL) Top Institutional Holders
3832.0 institutions hold shares in Oracle Corp (ORCL), with institutional investors hold 76.77% of the company’s shares. The shares outstanding are 2.80B, and float is at 1.63B with Short Float at 1.20%. Institutions hold 44.83% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 153.15 million shares valued at $21.63 billion. The investor’s holdings represent 5.5631% of the ORCL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 128.6 million shares valued at $18.16 billion to account for 4.6714 of the shares outstanding. The other top investors are STATE STREET CORP which holds 68.59 million shares representing 2.4916% and valued at over $9.69 billion, while FMR LLC holds 1.4544 of the shares totaling 40.04 million with a market value of $5.65 billion.
Oracle Corp (ORCL) Insider Activity
The most recent transaction is an insider sale by Smith Maria, the company’s EVP, Chief Accounting Officer. SEC filings show that Smith Maria sold 6,320 shares of the company’s common stock on Sep 16 ’24 at a price of $165.00 per share for a total of $1.04 million. Following the sale, the insider now owns 42889.0 shares.
Still, SEC filings show that on Jul 18 ’24, PANETTA LEON E (Director) disposed off 15,000 shares at an average price of $137.89 for $2.07 million. The insider now directly holds 58,090 shares of Oracle Corp (ORCL).
