Royal Bank Of Canada Reaffirms Sector Perform Rating for Oracle (NYSE:ORCL)

Oracle (NYSE:ORCL)‘s stock had its “sector perform” rating restated by analysts at Royal Bank Of Canada in a research report issued on Friday,Benzinga reports. They presently have a $310.00 target price on the enterprise software provider’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 6.18% from the company’s previous close.

Several other equities research analysts have also recently issued reports on ORCL. Piper Sandler boosted their price target on Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday. UBS Group boosted their price target on Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley boosted their price target on Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 23rd. Rothschild & Co Redburn began coverage on Oracle in a research note on Thursday, September 25th. They issued a “sell” rating and a $175.00 price target for the company. Finally, JPMorgan Chase & Co. upped their target price on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Oracle presently has an average rating of “Moderate Buy” and an average target price of $323.40.

Oracle Trading Down 6.7%

Shares of ORCL stock opened at $291.95 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market cap of $832.28 billion, a P/E ratio of 67.58, a price-to-earnings-growth ratio of 3.13 and a beta of 1.53. The stock has a 50 day simple moving average of $271.71 and a 200 day simple moving average of $215.85. Oracle has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts predict that Oracle will post 5 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock worth $36,428,967 in the last ninety days. Insiders own 40.90% of the company’s stock.

Institutional Trading of Oracle

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Range Financial Group LLC increased its holdings in Oracle by 4.5% in the third quarter. Range Financial Group LLC now owns 2,277 shares of the enterprise software provider’s stock valued at $640,000 after purchasing an additional 99 shares during the period. Nixon Peabody Trust Co. increased its holdings in Oracle by 6.6% in the third quarter. Nixon Peabody Trust Co. now owns 6,225 shares of the enterprise software provider’s stock valued at $1,751,000 after purchasing an additional 387 shares during the period. Old North State Wealth Management LLC acquired a new stake in Oracle in the third quarter valued at $748,000. Retireful LLC increased its holdings in Oracle by 133.6% in the third quarter. Retireful LLC now owns 2,502 shares of the enterprise software provider’s stock valued at $704,000 after purchasing an additional 1,431 shares during the period. Finally, SS&H Financial Advisors Inc. increased its holdings in Oracle by 3.2% in the third quarter. SS&H Financial Advisors Inc. now owns 43,090 shares of the enterprise software provider’s stock valued at $12,119,000 after purchasing an additional 1,350 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.