Oracle Corp. (NYSE: ORCL) has a price-to-earnings ratio that is above its average at 33.19x. The stock has a 36-month beta value of 1.00. Opinions on the stock are mixed, with 11 analysts rating it as a “buy,” 6 as “overweight,” 18 as “hold,” and 0 as “sell.”
The public float for ORCL is 1.60B, and at present, short sellers hold a 1.05% of that float. On April 01, 2024, the average trading volume of ORCL was 9.16M shares.
ORCL) stock’s latest price update
Oracle Corp. (NYSE: ORCL)’s stock price has plunge by 0.27relation to previous closing price of 125.27. Nevertheless, the company has seen a -2.64% plunge in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-31 that It’s been a remarkably strong quarter for artificial intelligence (AI) stocks as investors continue to flock to firms that have the best chances of monetizing the new technology. Going into the second quarter, the price of admission to numerous AI stocks has undoubtedly risen.
ORCL’s Market Performance
Oracle Corp. (ORCL) has experienced a -2.64% fall in stock performance for the past week, with a 12.47% rise in the past month, and a 18.57% rise in the past quarter. The volatility ratio for the week is 1.38%, and the volatility levels for the past 30 days are at 2.11% for ORCL. The simple moving average for the past 20 days is 3.43% for ORCL’s stock, with a 10.66% simple moving average for the past 200 days.
Analysts’ Opinion of ORCL
Many brokerage firms have already submitted their reports for ORCL stocks, with KeyBanc Capital Markets repeating the rating for ORCL by listing it as a “Overweight.” The predicted price for ORCL in the upcoming period, according to KeyBanc Capital Markets is $150 based on the research report published on March 21, 2024 of the current year 2024.
ORCL Trading at 8.02% from the 50-Day Moving Average
After a stumble in the market that brought ORCL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.40% of loss for the given period.
Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 1.38%, as shares surge +12.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.02% upper at present.
During the last 5 trading sessions, ORCL fell by -2.64%, which changed the moving average for the period of 200-days by +7.88% in comparison to the 20-day moving average, which settled at $122.14. In addition, Oracle Corp. saw 19.14% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ORCL starting from CATZ SAFRA, who sale 810,000 shares at the price of $125.06 back on Mar 27 ’24. After this action, CATZ SAFRA now owns 1,118,592 shares of Oracle Corp., valued at $101,294,608 using the latest closing price.
CATZ SAFRA, the Chief Executive Officer of Oracle Corp., sale 790,000 shares at $126.54 during a trade that took place back on Mar 26 ’24, which means that CATZ SAFRA is holding 1,118,592 shares at $99,970,313 based on the most recent closing price.
Stock Fundamentals for ORCL
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.72 for the gross margin
The net margin for Oracle Corp. stands at 0.2. The total capital return value is set at 0.13. Equity return is now at value 664.77, with 7.92 for asset returns.
Based on Oracle Corp. (ORCL), the company’s capital structure generated 0.94 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 15.65. The interest coverage ratio of the stock is 4.21.
Currently, EBITDA for the company is 18.99 billion with net debt to EBITDA at 3.66. When we switch over and look at the enterprise to sales, we see a ratio of 8.07. The receivables turnover for the company is 7.2for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To sum up, Oracle Corp. (ORCL) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
