Oracle Corporation Common Stock (NASDAQ:ORCL):
ORACLE’S ANNUAL MEETING OF STOCKHOLDERS TO BE HELD NOVEMBER 16, 2016.
The company is trading down by -0.13% since yesterday’s close of $38.22.
Additionally Oracle Corporation Common Stock announced a dividend for shareholders that was paid on Wednesday the 26th of October 2016. The dividend was $0.150 per share for the quarter which is $0.60 annualized. This dividend represents a yeild of $1.56 which is the dividend as a percentage of the current share price. The ex-dividend date was Friday the 7th of October 2016.
Shares are trading at $38.17 a tad under the 50 day moving average of $38.94 and which is a tad under the 200 day moving average of $40.05. The 50 day moving average was down $-0.77 and the 200 day average moved down $-1.88.
The P/E ratio is 18.13 and the market value is 156.71B. In the latest earnings report the EPS was $2.11 and is estimated to be $2.63 for the current year with 4,105,566,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.65 and the next full year EPS is anticipated to be $2.88.
A few Wall Street investment firms have released opinions on the company recently. On September 16 RBC Capital held the stock rating at “Outperform” but lowered the price expectation from $50.00 to $42.00. September 16 investment analysts at Nomura kept the company rating at “Outperform” and moved down the price target to $42.00 from $44.00.
On September 16 Macquarie kept the stock rating at “Outperform” but moved up the price target from $46.00 to $49.00. On September 8 the stock rating was downgraded from “” to “Mixed” by analysts at OTR Global.
On July 19 the company was downgraded to “Neutral” from “Overweight” in a statement from Atlantic Equities. July 14 investment analysts at BTIG Research made no change to the company rating of “Buy” but raised the price target to $47.00 from $44.00.