Cantor Fitzgerald Decreases Earnings Estimates for Oracle

Oracle Co. (NYSE:ORCL - Free Report) - Investment analysts at Cantor Fitzgerald cut their FY2025 earnings estimates for Oracle in a research report issued on Tuesday, March 11th. Cantor Fitzgerald analyst T. Blakey now expects that the enterprise software provider will earn $4.74 per share for the year, down from their prior forecast of $4.94. Cantor Fitzgerald currently has a "Overweight" rating and a $175.00 target price on the stock. The consensus estimate for Oracle's current full-year earnings is $5.00 per share.

ORCL has been the subject of several other research reports. Mizuho boosted their price target on shares of Oracle from $185.00 to $210.00 and gave the company an "outperform" rating in a report on Tuesday, December 10th. JMP Securities restated a "market outperform" rating and set a $205.00 price objective on shares of Oracle in a research note on Wednesday, January 22nd. Jefferies Financial Group lifted their price objective on shares of Oracle from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. decreased their target price on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating for the company in a research note on Tuesday. Finally, UBS Group restated a "market perform" rating on shares of Oracle in a research report on Tuesday. Twelve equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $178.92.

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Oracle Price Performance

Oracle stock opened at $144.29 on Wednesday. Oracle has a 12-month low of $112.78 and a 12-month high of $198.31. The firm has a 50-day moving average price of $166.82 and a 200-day moving average price of $169.62. The firm has a market capitalization of $403.58 billion, a PE ratio of 35.28, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.49 by ($0.02). The firm had revenue of $14.13 billion during the quarter, compared to analysts' expectations of $14.40 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the company earned $1.41 earnings per share.

Oracle Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.39%. This is a boost from Oracle's previous quarterly dividend of $0.40. Oracle's dividend payout ratio is presently 39.12%.

Insiders Place Their Bets

In related news, CEO Safra Catz sold 345,174 shares of the company's stock in a transaction on Friday, January 24th. The stock was sold at an average price of $185.56, for a total value of $64,050,487.44. Following the completion of the transaction, the chief executive officer now directly owns 1,118,592 shares in the company, valued at approximately $207,565,931.52. This represents a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 42.20% of the company's stock.

Institutional Trading of Oracle

Several large investors have recently made changes to their positions in the business. Norges Bank acquired a new position in Oracle in the fourth quarter valued at about $2,216,314,000. Raymond James Financial Inc. bought a new position in Oracle in the fourth quarter valued at approximately $930,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Oracle by 20.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,825,360 shares of the enterprise software provider's stock valued at $2,303,858,000 after purchasing an additional 2,350,448 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Oracle by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider's stock worth $26,231,127,000 after acquiring an additional 2,296,069 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its stake in shares of Oracle by 268.4% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 3,077,947 shares of the enterprise software provider's stock worth $512,909,000 after acquiring an additional 2,242,520 shares during the period. Institutional investors own 42.44% of the company's stock.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

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