Analysts adjust Oracle price targets after earnings

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Analysts adjust Oracle price targets after earnings

-Earnings (Q1): $2.66 Bln. vs. $2.34 Bln. previous year.

ORCL has been the topic of a number of other reports.

Covering sell-side analysts have recently weighed in on shares of AT&T Inc. They noted that the move was a valuation call. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Rosenblatt maintained the stock with "Buy" rating in Thursday, June 22 report. Delta Asset Ltd Com Tn stated it has 0.05% of its portfolio in Oracle Corporation (NYSE:ORCL). The stock has "Buy" rating by SunTrust on Wednesday, September 16. The stock has "Buy" rating by RBC Capital Markets on Sunday, July 23. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Oracle Corporation presently has an average rating of "Buy" and an average price target of $52.29. Godshalk Welsh Inc holds 1.2% of its portfolio in Oracle Corporation (NYSE:ORCL) for 30,450 shares. However, the stock is trading at -0.36% versus recent highs ($53.14).

Oracle Corporation (NYSE ORCL) traded down 7.303% during midday trading on Friday, hitting $48.935. The company has a 50-day moving average of $39.66 and a 200 day moving average of $39.73.

Oracle Corporation (NYSE:ORCL) late Thursday posted market-beating fiscal first quarter earnings results, reporting impressive growth in its cloud-based solutions.

Excluding one-time items, Oracle earned $2.7 billion, or 62 cents a share. Eads And Heald Invest Counsel has invested 1.15% in Oracle Corporation (NYSE:ORCL). After initially rising slightly, the stock dropped more than 5 percent in after-hours trading moments after co-Chief Executive Safra Catz said total second-quarter revenue is expected to grow between 4 and 6 percent on slower growth in overall cloud revenue.

"Most of the key metrics came in at least a bit better than expected", wrote Canaccord Genuity analyst Richard Davis in a research note to clients. If you are viewing this article on another website, it was stolen and republished in violation of USA & global copyright and trademark laws. The correct version of this piece of content can be read at

Oracle pays a dividend of $0.76. This represents a $0.76 annualized dividend and a dividend yield of 1.44%. Oracle Corporation's dividend payout ratio (DPR) is presently 34.55%. RWE AG had 18 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has "Buy" rating by KeyBanc Capital Markets given on Monday, July 17.

On 7/18/2017 Thomas Kurian, Insider, sold 750,000 with an average share price of $50.46 per share and the total transaction amounting to $37,845,000.00. The disclosure for this sale can be found here. The stock declined 3.39% or $1.79 reaching $51 per share. The institutional investor owned 54,327 shares of the enterprise software provider's stock after selling 446 shares during the period.

In addition, the profit margin in cloud software must be higher than 80%. LGT Capital Partners LTD. increased its holdings in Oracle Corporation by 14.0% during the 2nd quarter. Pointstate Cap Ltd Partnership reported 10.27 million shares or 2.7% of all its holdings. Finally, BerganKDV Wealth Management LLC increased its holdings in Oracle Corporation by 2.3% during the 2nd quarter.

Oracle CTO Larry Ellison said the company will announce the world's first autonomous database cloud service. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

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