Technology

Market Analyst Earnings Forecasts Recap: Oracle Corporation (NYSE:ORCL)

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Oracle Corporation (NYSE:ORCL) closed its last session at $39.56 with the change of +1.25%. The market capitalization of the company is $162.95B with an average Volume of 13.11 million shares. The stock currently has its 52-Week High range of $42.00 and 52-week low range of $33.13. The Price to Book (P/B) ratio stands at 3.36. The stock traded total quantity of 8.76 million shares.

Currently Oracle Corporation (ORCL) captured an average recommendation of “ Overweight ” from analysts, according to FactSet data. The stock has been suggested as “Buy” from “19″ Analysts”. “1” rated “Sell” for the company. “14” said the company as a “Hold”. Overweight rating was given by “2” and Underweight rating was given by “2”.

Analysts are expecting that the company to achieve $44.39 Price Target in next 52-weeks, average price is come up through the consensus of analysts. High potential price target is set at $52.00 however minimum price target advised by analysts is $31.00. The Median price target for the stock is measured at $45.00.

Presently, Analysts decided consensus EPS estimate of $0.61 for present quarter and one month ago projected EPS estimate was at $0.65. If we take a look at back 3 month ago, consensus EPS estimate was $0.66.

A current consensus EPS estimate for next quarter is at $0.65 and 3 month ago EPS forecast was $0.69. Have a look at back 1 month ago, consensus EPS forecast was seen at $0.68.

For current fiscal year, most recent EPS estimate is set at $2.63 based on Analyst consensus and three month ago consensus EPS opinions was at $2.78. During period one month ago, consensus EPS forecast was decided at $2.77.

A current consensus EPS projection for next fiscal year is observed at $2.88 and one month ago consensus EPS forecast was at $3.02. Take a look at back three month ago, consensus EPS estimate opinions was decided at $3.03 by analysts.

One Month ago, the stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. 20 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 2. 14 advised the “Hold” rating about this stock. 1 revealed “Sell” signal and “Underweight” rating was declared by 2.

Three Months Ago, Analysts recommended an average brokerage rating of Overweight derived from brokerage firms, according to FactSet. 18 said a “Buy Rating” and 3 announced “Overweight Rating”. 15 advised “Hold Rating” regarding the stock. 4 announced “Sell Rating” and 1 disclosed “Underweight Rating”.

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