The company's fundamentals are relatively very healthy.Its valuation is considered fairly valued,and institutional recognition is very high.Over the past 30 days, multiple analysts have rated the company as a Buy.The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Oracle Corporation is an American multinational computer technology firm located in Austin, Texas. Co-founded in 1977 in Santa Clara, California, by Larry Ellison, who continues to serve as executive chairman, Oracle was recognized as the third-largest software company in the world by revenue and market capitalization in 2020. In 2023, it achieved an 80th ranking on the Forbes Global 2000 list.
The company specializes in database software, with Oracle Database being a key product, and offers cloud computing solutions. Oracle's primary application software comprises a suite of enterprise software products, including enterprise resource planning, human capital management, customer relationship management, enterprise performance management, Customer Experience Commerce, and supply chain management software.
The company's current financial score is 8.08, which is higher than the Software & IT Services industry's average of 7.32. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 15.90B, representing a year-over-year increase of 11.31%, while its net profit experienced a year-over-year increase of 9.00%.
The company’s current valuation score is 6.00, which is higher than the Software & IT Services industry's average of 2.30. Its current P/E ratio is 52.85, which is -29.29% below the recent high of 37.38 and 41.85% above the recent low of 30.74.
The company’s current earnings forecast score is 7.90, which is higher than the Software & IT Services industry's average of 7.60. The average price target for Oracle Corp is 250.00, with a high of 325.00 and a low of 175.00.
Disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 7.09, which is lower than the Software & IT Services industry's average of 7.31. Sideways: Currently, the stock price is trading between the resistance level at 255.04 and the support level at 222.42, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 7.00, which is higher than the Software & IT Services industry's average of 6.80. The latest institutional shareholding proportion is 86.44%, representing a quarter-over-quarter increase of 0.52%. The largest institutional shareholder is The Vanguard, holding a total of 163.53M shares, representing 5.82% of shares outstanding, with 3.92% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services export-driven industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The company’s current risk assessment score is 4.76, which is higher than the Software & IT Services industry's average of 4.01. The company's beta value is 1.47. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
The Stock Score data is powered by TradingKey and updated daily. Rating data is sourced from LESG. Please use the data with caution for reference purposes only.
