Oracle (ORCL) Given News Impact Rating of 0.10

Media headlines about Oracle (NYSE:ORCL) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Oracle earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the enterprise software provider an impact score of 45.8554466987002 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:

A number of brokerages recently commented on ORCL. Vetr downgraded Oracle from a “buy” rating to a “hold” rating and set a $51.82 price objective on the stock. in a research report on Wednesday. BidaskClub downgraded Oracle from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. JPMorgan Chase & Co. set a $55.00 price objective on Oracle and gave the stock a “buy” rating in a research report on Monday, December 18th. Drexel Hamilton reiterated a “buy” rating and set a $62.00 price objective on shares of Oracle in a research report on Monday, October 2nd. Finally, Canaccord Genuity reduced their price objective on Oracle from $57.00 to $53.00 and set a “buy” rating on the stock in a research report on Friday, December 15th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twenty-eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $55.27.

Oracle (NYSE:ORCL) traded down $0.04 during trading hours on Thursday, reaching $50.23. The company’s stock had a trading volume of 17,119,187 shares, compared to its average volume of 18,110,000. Oracle has a 12 month low of $39.03 and a 12 month high of $53.14. The company has a debt-to-equity ratio of 1.03, a current ratio of 5.07 and a quick ratio of 5.04. The stock has a market capitalization of $209,630.00, a P/E ratio of 21.56, a P/E/G ratio of 1.89 and a beta of 1.05.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Thursday, December 14th. The enterprise software provider reported $0.70 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.02. Oracle had a return on equity of 20.49% and a net margin of 25.48%. The business had revenue of $9.63 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same period in the previous year, the firm posted $0.61 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. equities analysts expect that Oracle will post 2.68 EPS for the current year.

Oracle announced that its Board of Directors has authorized a share buyback plan on Thursday, December 14th that permits the company to repurchase $12.00 billion in shares. This repurchase authorization permits the enterprise software provider to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Stockholders of record on Wednesday, January 10th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.51%. Oracle’s payout ratio is presently 32.62%.

In other news, EVP Dorian Daley sold 100,000 shares of Oracle stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $47.59, for a total value of $4,759,000.00. Following the completion of the sale, the executive vice president now directly owns 136,954 shares of the company’s stock, valued at $6,517,640.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Hector Garcia-Molina sold 3,750 shares of Oracle stock in a transaction on Friday, December 15th. The shares were sold at an average price of $48.40, for a total value of $181,500.00. Following the completion of the sale, the director now directly owns 18,125 shares of the company’s stock, valued at $877,250. The disclosure for this sale can be found here. Insiders sold 111,250 shares of company stock valued at $5,310,063 over the last ninety days. Insiders own 29.00% of the company’s stock.

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Oracle Company Profile

Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.

Insider Buying and Selling by Quarter for Oracle (NYSE:ORCL)

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