Oracle Corp (NYSE: ORCL) has reported E.P.S. of $0.91 for its second fiscal quarter (ending November 30) versus $0.65 for the same period a year ago — an increase of 40%. For the latest four quarters through November 30, E.P.S. were $3.73 compared to $3.29 a year ago — an increase of 13%.
Recent Price Action
Oracle Corp (NYSE: ORCL) stock increased 1.3% on 12/11/23. The shares closed at $115.13. Moreover, this advance was accompanied by exceptionally high trading volume at 258% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ORCL is expected to continue to be a major Value Builder.
Oracle has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Oracle has a good Power Rating of 83 and a very high Appreciation Score of 97, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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