Oracle Corp. (NYSE:ORCL)’s traded shares stood at 10.92 million during the latest session, with the company’s beta value hitting 0.98. At the last check today, the stock’s price was $164.55, to imply an increase of 1.96% or $3.17 in intraday trading. The ORCL share’s 52-week high remains $162.34, putting it 1.34% up since that peak but still an impressive 39.68% since price per share fell to its 52-week low of $99.26. The company has a valuation of $455.96B, with an average of 13.19 million shares in intraday trading volume over the past 10 days and average of 8.25 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Oracle Corp. (ORCL), translating to a mean rating of 1.97. Of 28 analyst(s) looking at the stock, 0 analyst(s) give ORCL a Sell rating. 0 of those analysts rate the stock as Overweight while 8 advise Hold as 20 recommend it as a Buy.
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Oracle Corp. (NYSE:ORCL) trade information
After registering a 1.96% upside in the latest session, Oracle Corp. (ORCL) has traded red over the past five days. The 5-day price performance for the stock is 16.04%, and 21.35% over 30 days. With these gigs, the year-to-date price performance is 56.08%. Short interest in Oracle Corp. (NYSE:ORCL) saw shorts transact 17.58 million shares and set a 3.16 days time to cover.
The extremes give us $90 and $200 for target low and target high price respectively. As such, ORCL has been trading -21.54% off suggested target high and 45.31% from its likely low.
Oracle Corp. (ORCL) estimates and forecasts
Looking at statistics comparing Oracle Corp. share performance against respective industry, we note that the company has outperformed competitors. Oracle Corp. (ORCL) shares are 31.08% up over the last 6 months, with its year-to-date growth rate higher than industry average at 12.05% against 11.30%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 4.54% for the past 5-year period. While 2024 is set for a 13.19% return in earnings, projections for the next 5 years are at 10.61% annually.
ORCL Dividends
Oracle Corp. has its next earnings report out on 2024-Dec-09. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Oracle Corp. has a forward dividend ratio of 1.60, with the share yield ticking at 0.97% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 1.51%.
Oracle Corp. (NYSE:ORCL)’s Major holders
Oracle Corp. insiders hold 41.62% of total outstanding shares, with institutional holders owning 44.32% of the shares at 75.91% float percentage. In total, 44.32% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 153.15 million shares (or 5.5631% of shares), all amounting to roughly $21.63 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 128.6 million shares, or about 4.6714% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $18.16 billion.
