[at Seeking Alpha] – Executive Summary ORCL’s intrinsic value estimate is $46.16/share, which is ~ 23% above the current share price.The 5-year growth forecast is for 8-12% growth on increased Software and Services revenues.The …
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Oracle Corporation (ORCL), with a current market cap of $169.87B, started trading this morning at $37.50.
Looking at today’s market, ORCL one day range is $37.39 to $37.78 with the price of the stock fluctuating between $29.86 to $38.77 over the last 52 weeks.
ORCL shares are currently priced at 12.74x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 18.19x earnings multiple for the same period.
And for income investors, the company pays shareholders $0.48 per share annually in dividends, yielding 1.30%.
In a review of the consensus earnings estimate this quarter, 33 sell-side analysts are looking at $0.70 per share, which would be $0.05 better than the year-ago quarter and a $0.00 sequential decrease. Investors should also note that the full-year EPS estimate of $2.92 is a $0.24 better when compared to the previous year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.36 Billion. If realized, that would be a 4.35% increase over the year-ago quarter.
More recently, Deutsche Bank upgraded ORCL from Hold to Buy (Jan 23, 2014). Previously, RBC Capital Mkts downgraded ORCL from Outperform to Sector Perform.
The average price target for ORCL shares by the analysts covering it is $38.86, which is 3.63% above where the stock opened.
Oracle Corporation (NYSE:ORCL), develops, manufactures, markets, hosts and supports database and middleware software, applications software and hardware systems. It licenses database and middleware software, including database and database management, application server and cloud application, service-oriented architecture and much more.
Tag Helper ~ Stock Code: ORCL | Common Company name: Oracle | Full Company name: Oracle Corporation (NYSE:ORCL) .