ORCL's stock has received different recommendations from Financial Analysts, according to data provided by FactSet. (NASDAQ:NTAP)-2 analysts issued Strong buy for the stock, 6 analysts have given a Buy rating, 19 think it's a HOLD, 7 reported it as Underperform, while 0 analyst issued a Sell rating.
ORCL has been the subject of a number of research analyst reports.
In order to arrive at a price target, analysts and investors alike use various metrics to determine where the stock might be headed.
Covering research analysts have taken a stance on where they see Oracle Corporation (NYSE:ORCL) moving in the future. TheStreet upgraded Oracle from a "c+" rating to a "b" rating in a research report on Tuesday, February 28th. It has been assigned a low target price of $39 and a high target price of $57.
Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. If you are viewing this story on another website, it was illegally copied and republished in violation of United States & global trademark & copyright laws. The original version of this article can be read at https://www.com-unik.info/2017/03/08/oracle-co-orcl-position-boosted-by-associated-banc-corp.html.
Oracle Corporation (NYSE:ORCL) plunged -0.28% with the closing price of $42.57. The stock has a market cap of $177.10 billion, a price-to-earnings ratio of 20.61 and a beta of 1.14. Oracle Corporation (NYSE:ORCL)'s shares are now trading -1.53% away from the 52-week high price of $43.26 and +15.31% far from the 52-week low price of $36.95.
Zacks Investment Research has upgraded Oracle Corporation (NYSE:ORCL) to Hold in a report released on 03/08/2017. The enterprise software provider reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.01. The business had revenue of $9.07 billion for the quarter. ABEV EPS growth this year is 23.80%. The firm's revenue for the quarter was up.5% compared to the same quarter a year ago. On average, equities analysts anticipate that Oracle will post $2.56 EPS for the current year. The stock is performing 18.26% year to date. The insider owns 461,860 shares as of less than 0.1%, now worth $19675236. Current price level places the company's stock about -2.12% from the 52-week high and 42.51% away from the 52-week low. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Hector Garcia-Molina sold 3,750 shares of Oracle stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $38.72, for a total transaction of $1,742,400.00. The disclosure for this sale can be found here. Penserra Capital Management LLC now owns 3,276 shares of the enterprise software provider's stock valued at $128,000 after buying an additional 1,283 shares during the last quarter.
The Company now has Insider ownership of 27.4 Percent and Institutional Ownership of 60.4 Percent. Penserra Capital Management LLC raised its position in shares of Oracle by 64.4% in the third quarter. Clean Yield Group boosted its position in shares of Oracle Corporation by 3.1% in the third quarter. The company's last traded volume of 9.49 million shares as compared to it's an average volume of 12.44 million shares.
"Oracle Co. (ORCL) Stake Cut by Baird Financial Group Inc." was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. Ltd. now owns 5,640,219 shares of the enterprise software provider's stock worth $216,961,000 after buying an additional 5,295,094 shares during the period. Capital Asset Advisory Services LLC raised its position in Oracle by 0.9% in the third quarter. Following the transaction, the director now directly owns 8,281 shares in the company, valued at approximately $323,704.29. Finally, CMH Wealth Management LLC bought a new stake in shares of Oracle during the fourth quarter valued at $1,321,000.
Seagate Technology plc (NASDAQ:STX) [Trend Analysis] considering as most desiring stocks in active trading lead, shares declined after opening to traded at $48.28 with volume of 2.29 Million shares. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.