Oracle (ORCL) Getting Somewhat Positive Press Coverage, Study Shows

News stories about Oracle (NYSE:ORCL) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Oracle earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned headlines about the enterprise software provider an impact score of 45.9550971764159 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several brokerages have recently issued reports on ORCL. Wedbush restated an “outperform” rating and issued a $58.00 price objective on shares of Oracle in a research note on Friday, September 15th. UBS reaffirmed a “buy” rating and issued a $57.00 target price (up from $52.00) on shares of Oracle in a research report on Friday, September 15th. J P Morgan Chase & Co set a $55.00 target price on Oracle and gave the stock a “buy” rating in a research report on Friday, September 15th. Zacks Investment Research cut Oracle from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Finally, Jefferies Group raised their target price on Oracle from $60.00 to $61.00 and gave the stock a “buy” rating in a research report on Friday, September 15th. Eleven investment analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $54.85.

Shares of Oracle (ORCL) traded down $0.41 during midday trading on Tuesday, hitting $47.99. The company’s stock had a trading volume of 17,858,193 shares, compared to its average volume of 13,261,192. The company has a market capitalization of $207,046.64, a PE ratio of 19.45, a PEG ratio of 1.89 and a beta of 1.05. Oracle has a 12 month low of $38.30 and a 12 month high of $53.14. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.61 and a current ratio of 3.63.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.02. Oracle had a return on equity of 20.55% and a net margin of 25.34%. The company had revenue of $9.21 billion during the quarter, compared to analysts’ expectations of $9.03 billion. During the same period last year, the business earned $0.55 earnings per share. The business’s revenue was up 7.0% on a year-over-year basis. equities analysts forecast that Oracle will post 2.68 EPS for the current year.

In related news, Director Hector Garcia-Molina sold 3,750 shares of Oracle stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $48.83, for a total value of $183,112.50. Following the completion of the transaction, the director now directly owns 18,125 shares of the company’s stock, valued at $885,043.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeffrey Berg sold 45,000 shares of Oracle stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $48.03, for a total value of $2,161,350.00. The disclosure for this sale can be found here. Insiders sold 305,776 shares of company stock valued at $14,821,999 over the last ninety days. 29.00% of the stock is currently owned by company insiders.

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About Oracle

Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. 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.

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