Oracle Corp. (NYSE: ORCL) has a higher price-to-earnings ratio of 30.36x compared to its average ratio. ORCL has 36-month beta value of 1.02. Analysts have mixed views on the stock, with 16 analysts rating it as a “buy,” 10 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for ORCL is 1.60B, and currently, short sellers hold a 0.81% ratio of that float. The average trading volume of ORCL on April 22, 2024 was 8.74M shares.
ORCL) stock’s latest price update
Oracle Corp. (NYSE: ORCL)’s stock price has gone decline by -0.97 in comparison to its previous close of 116.00, however, the company has experienced a -5.14% decrease in its stock price over the last five trading days. Seeking Alpha reported 2024-04-21 that Oracle’s strong positioning in the AI database market and partnership with Palantir allows them to leverage the rapid expansion of the AI sector. Oracle’s recent earnings show continued growth and beat expectations, making the stock an attractive buy. The Palantir partnership is expected to accelerate growth for both companies and solidify Oracle’s position in the AI cloud database market.
ORCL’s Market Performance
Oracle Corp. (ORCL) has experienced a -5.14% fall in stock performance for the past week, with a -11.11% drop in the past month, and a 4.75% rise in the past quarter. The volatility ratio for the week is 2.13%, and the volatility levels for the past 30 days are at 1.83% for ORCL. The simple moving average for the past 20 days is -7.14% for ORCL’s stock, with a 1.01% simple moving average for the past 200 days.
Analysts’ Opinion of ORCL
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see ORCL reach a price target of $150. The rating they have provided for ORCL stocks is “Overweight” according to the report published on March 21st, 2024.
ORCL Trading at -3.63% 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 -13.48% of loss for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 2.13%, as shares sank -10.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.04% lower at present.
During the last 5 trading sessions, ORCL fell by -5.14%, which changed the moving average for the period of 200-days by -0.93% in comparison to the 20-day moving average, which settled at $123.00. In addition, Oracle Corp. saw 8.96% 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 7.51. 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 put it simply, Oracle Corp. (ORCL) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
