Oracle Corp. (NYSE: ORCL)?s sales surged 0.03%% in the recent quarter to 10.89B%, yielding EPS of $0.76.
The firm generated $4.47B in net cash from operations in the previous quarter, bringing its balance at the close of the quarter to 21.78B%. Net change in cash balance from the preceding period was $2.04B.
Let us look into the charts of the stock:
The Barchart Technical Opinion rating is a 80% Buy with a Average short term outlook on maintaining the current direction. Longer term, the trend strength is Strong. Long term indicators fully support a continuation of the trend.
With that, Oracle Corp. reported $134.99B in total assets at the close of the quarter. It recorded debt of 9.8B%, which was down/up growing from the previous period.
In the existing quarter, analysts are predicting EPS of $0.69 from Oracle Corp.. That compares with EPS of $0.76 in the last quarter.
Coming to earnings, the firm recorded EPS of $2.21 in the last financial year, while EPS for the current year is anticipated to grow 7.10%% over the prior year. Over the next 5-years, EPS is projected to grow 9.17%%.
EPS metric is impacted by profits a firm generates in a certain period and the number of due shares in it has in that given period. For the previous quarter where EPS was EPS $0.76, shares outstanding were 4.25B. In that quarter, Oracle Corp. incurred $2.44B in cost of sales, resulting in gross profit of $8.45B from the sales of 10.89B% it generated in the quarter.
Who owns Oracle Corp.? first, of the firm?s outstanding shares, 3.01B are free float. The firm?s shares sold short are 1.19%, implying a short ratio of 2.74.
As for the title, insiders own 27.20% of the firm, with that ownership moderately being a result of -0.65% insider transactions in the previous couple of months. Institutional shareholder ownership in the stock is 59.70%, stemming from 1.73% institutional transactions in the last few months.
Wall Street analysts on the average have a call of Overweight on the stock of Oracle Corp..