At the time of writing, Oracle Corp [ORCL] stock is trading at $186.37, up 2.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ORCL shares have gain 11.04% over the last week, with a monthly amount glided 4.53%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Oracle Corp [NYSE: ORCL] stock has seen the most recent analyst activity on October 23, 2024, when RBC Capital Mkts initiated its Sector Perform rating and assigned the stock a price target of $165. Previously, Melius upgraded its rating to Buy on September 16, 2024, and kept the price target unchanged to $210. On September 10, 2024, upgrade upgraded it’s rating to Mkt Outperform but maintained its price target of $175 on the stock. BMO Capital Markets reiterated its Market Perform rating and increased its price target to $173 on September 10, 2024. BMO Capital Markets reiterated its recommendation of a Market Perform and raised its price target to $160 on June 17, 2024. In a note dated March 21, 2024, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $150 on this stock.
For the past year, the stock price of Oracle Corp fluctuated between $99.26 and $182.10. Currently, Wall Street analysts expect the stock to reach $147.59 within the next 12 months. Oracle Corp [NYSE: ORCL] shares were valued at $186.37 at the most recent close of the market. An investor can expect a potential drop of -20.81% based on the average ORCL price forecast.
Analyzing the ORCL fundamentals
According to Oracle Corp [NYSE:ORCL], the company’s sales were 53.81B for trailing twelve months, which represents an 6.86% jump. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 1.46 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.5.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 182.38 points at the first support level, and at 178.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 188.51, and for the 2nd resistance point, it is at 190.66.
Ratios To Look Out For
It is important to note that Oracle Corp [NYSE:ORCL] has a current ratio of 0.72. As well, the Quick Ratio is 0.72, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 9.60, the price to book ratio is 47.75 and price to earnings (TTM) ratio is 48.08.
Transactions by insiders
Recent insider trading involved Smith Maria, EVP, Chief Accounting Officer, that happened on Sep 16 ’24 when 6320.0 shares were sold. Officer, Smith Maria completed a deal on Sep 16 ’24 to buy 6320.0 shares. Meanwhile, Director PANETTA LEON E sold 15000.0 shares on Jul 18 ’24.
