Oracle (NYSE:ORCL) Given Buy Rating at BTIG Research

by · The Markets Daily

Oracle (NYSE:ORCLGet Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at BTIG Research in a research note issued on Friday,Benzinga reports. They currently have a $400.00 price objective on the enterprise software provider’s stock. BTIG Research’s price objective suggests a potential upside of 69.12% from the stock’s current price.

Other analysts have also recently issued reports about the stock. BMO Capital Markets decreased their price objective on shares of Oracle from $205.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, March 11th. Scotiabank reiterated an “outperform” rating on shares of Oracle in a research note on Tuesday. Stephens reissued an “equal weight” rating and set a $254.00 target price on shares of Oracle in a report on Tuesday, April 7th. Weiss Ratings upgraded shares of Oracle from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Finally, UBS Group upped their price target on shares of Oracle from $250.00 to $285.00 and gave the company a “buy” rating in a report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and an average target price of $268.26.

Check Out Our Latest Stock Analysis on Oracle

Oracle Stock Up 2.7%

Shares of ORCL stock opened at $236.51 on Friday. Oracle has a fifty-two week low of $134.57 and a fifty-two week high of $345.72. The firm has a market capitalization of $680.23 billion, a PE ratio of 42.46, a P/E/G ratio of 2.16 and a beta of 1.65. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.35 and a current ratio of 1.35. The stock’s 50-day simple moving average is $177.88 and its 200-day simple moving average is $178.30.

Oracle (NYSE:ORCLGet Free Report) last issued its earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.08. The firm had revenue of $17.19 billion for the quarter, compared to analyst estimates of $16.91 billion. Oracle had a return on equity of 62.70% and a net margin of 25.30%.Oracle’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Equities analysts expect that Oracle will post 6.08 earnings per share for the current year.

Insider Buying and Selling at Oracle

In other news, EVP Stuart Levey sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the completion of the transaction, the executive vice president directly owned 3,429 shares of the company’s stock, valued at $604,155.51. This represents a 81.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Oracle

A number of institutional investors have recently added to or reduced their stakes in ORCL. HFM Investment Advisors LLC increased its stake in shares of Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock worth $25,000 after purchasing an additional 96 shares in the last quarter. Basepoint Wealth LLC purchased a new position in Oracle in the 4th quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in Oracle in the 3rd quarter valued at about $28,000. Osbon Capital Management LLC acquired a new stake in Oracle in the 4th quarter worth about $28,000. Finally, Joseph Group Capital Management acquired a new stake in Oracle in the 4th quarter worth about $29,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

Oracle Company Profile

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Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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