Oracle (ORCL) Earns Daily News Sentiment Rating of 0.26

News articles about Oracle (NYSE:ORCL) have trended positive on Tuesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. 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 coverage optimism score of 0.26 on Accern’s scale. Accern also gave media headlines about the enterprise software provider an impact score of 45.849118763774 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.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

Shares of Oracle stock traded down $0.01 during trading on Tuesday, reaching $46.81. 11,304,873 shares of the stock traded hands, compared to its average volume of 15,927,015. The firm has a market cap of $193.82 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 1.73 and a beta of 1.15. The company has a quick ratio of 4.30, a current ratio of 4.33 and a debt-to-equity ratio of 1.16. Oracle has a 52-week low of $46.25 and a 52-week high of $46.78.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Monday, March 19th. The enterprise software provider reported $0.83 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.11. Oracle had a return on equity of 21.77% and a net margin of 9.25%. The firm had revenue of $9.78 billion during the quarter, compared to analyst estimates of $9.77 billion. During the same quarter last year, the business posted $0.69 earnings per share. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. equities analysts expect that Oracle will post 2.76 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 1st. Investors of record on Tuesday, April 17th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend was Monday, April 16th. Oracle’s payout ratio is 30.52%.

Oracle declared that its Board of Directors has approved a share buyback plan on Friday, February 2nd that allows the company to repurchase $12.00 billion in shares. This repurchase authorization allows the enterprise software provider to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Several equities research analysts have recently commented on the company. Wedbush restated an “outperform” rating and issued a $55.00 price objective on shares of Oracle in a research note on Tuesday, March 20th. Credit Suisse Group restated a “buy” rating and issued a $62.00 price objective on shares of Oracle in a research note on Sunday, February 18th. Morgan Stanley restated a “buy” rating on shares of Oracle in a research note on Sunday, March 18th. JPMorgan Chase restated a “buy” rating and issued a $55.00 price objective on shares of Oracle in a research note on Tuesday, March 20th. Finally, Cleveland Research lowered Oracle from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 20th. Seventeen equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company’s stock. Oracle presently has an average rating of “Buy” and an average price target of $56.30.

In related news, insider Edward Screven sold 500,000 shares of the stock in a transaction dated Thursday, May 10th. The shares were sold at an average price of $46.89, for a total value of $23,445,000.00. Following the completion of the transaction, the insider now owns 2,644,595 shares of the company’s stock, valued at approximately $124,005,059.55. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $49.66, for a total transaction of $186,225.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,557,015 shares of company stock valued at $117,492,127. 29.00% of the stock is owned by insiders.

About Oracle

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology (IT) environments worldwide. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

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

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