U.S. Markets open in 8 hrs 10 mins

See what the IHS Markit Score report has to say about Oracle Corp.

IHS Markit

Oracle Corp

NYSE:ORCL

View full report here!

Summary

  • Perception of the company's creditworthiness is negative
  • Bearish sentiment is low
  • Economic output for the sector is expanding but at a slower rate

Bearish sentiment

Short interest | Positive

Short interest is extremely low for ORCL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ORCL.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. The net inflows of $5.83 billion over the last one-month into ETFs that hold ORCL are not among the highest of the last year and have been slowing.

Economic sentiment

PMI by IHS Markit | Negative

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator. ORCL credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.

Please send all inquiries related to the report to score@ihsmarkit.com.

Charts and report PDFs will only be available for 30 days after publishing.

This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.