53.46 0.00 (0.00%)
After hours: 4:21PM EDT
|Bid||53.47 x 800|
|Ask||53.67 x 1100|
|Day's Range||51.00 - 53.96|
|52 Week Range||42.40 - 53.96|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||19.15|
|Earnings Date||Mar 18, 2019 - Mar 22, 2019|
|Forward Dividend & Yield||0.76 (1.43%)|
|1y Target Est||53.17|
President Trump Brags about US GDP Growth: Is It for Real?Trump’s tweets about the US GDP President Donald Trump never tires of discussing his successes and achievements on Twitter. On March 18, he was at it again with a tweet saying, “GDP growth
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)Federal ReserveGlobally, governments like to see lower interest rates because it boosts growth. President Trump, who criticized the Fed for keeping rates too low,
Aside from Thursday's weekly jobless claims report and PMI numbers Friday, we don't see many potential needle-movers scheduled ahead of the bell.
Is Oracle’s Earnings Growth Riding on Dividend Hike and Buybacks?Oracle’s earnings rode on buybacksOracle (ORCL) stock was down 0.21% on Friday even though the software company posted upbeat results for the third quarter of fiscal 2019 on
U.S. stock futures are trading mixed in early morning trading. Pre-market weakness in Boeing (NYSE:BA) is weighing on the Dow Jones Industrial Average, while the other major U.S. Indexes are circling unchanged.The Dow is down 0.19% and S&P 500 futures are higher by 0.04%. Nasdaq-100 futures have shed 0.02%.Options expiration lit a fire under trading activity on Friday, with call volume winning the day by a large margin. Specifically, about 23.4 million calls and 18.4 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe call surge slammed the CBOE single-session equity put/call volume ratio down to 0.57 - roughly the middle of its 2019 range. Meanwhile, the 10-day moving average once again remained sticky at 0.65.Here were three stocks that commanded the attention of call lovers. Aurora Cannabis (NYSE:ACB) tacked on additional gains to its recent Peltz-inspired breakout. Oracle (NYSE:ORCL) swooned and then soared after reporting earnings. Finally, Microsoft (NASDAQ:MSFT) was flooded with activity as it rocketed to a new record high.Let's take a closer look: Aurora Cannabis (ACB)Recent news that Aurora Cannabis nabbed Nelson Peltz as a strategic advisor continues to benefit its stock price. ACB shares rallied another 6.9% on Friday amid optimism that the billionaire activist investor will help accelerate the company's expansion. * 7 Small-Cap Stocks That Make the Grade If its entrance into the new year is any indication, 2019 is setting up to be a banner year. ACB stock is already up 93% year-to-date, and its price action has been tremendously healthy.While the stock could do with some digestion after such a meteoric run over the past week, any dips should prove buyable.On the options trading front, traders came after calls with a vengeance. Activity ballooned to 305% of the average daily volume, with 167,036 total contracts traded. An impressive 81% of the tally came from call options alone, showing just how dominating bulls were on Friday.Implied volatility remained subdued, hovering at 75% which is near the lower end of its range. Oracle (ORCL)Oracle shares saw a volatile session after reporting earnings that surpassed the Street's estimates. For the third quarter, the tech giant raked in earnings of 87 cents per share on $9.61 billion in revenue. The EPS metric beat expectations by 3 cents while revenue essentially met them.Shareholders will be happy to note the company decided to increase their quarterly dividend payouts from 19 cents to 26 cents.ORCL gapped lower on the day, but buyers emerged to bid the stock back to unchanged on the day. The rapid upside reversal proves buyers' willingness to defend the uptrend and should bode well for the stock going forward.On the options trading front, Oracle was the second most active stock in the market. Activity climbed to 522% of the average daily volume, with 119,866 total contracts traded. Calls accounted for 61% of the total.The post-earnings volatility crush was particularly potent, with ORCL ending essentially unchanged on the day. Implied volatility fell to 18%, placing it at the 6th percentile of its one-year range. Premiums are now pricing in daily moves of 61 cents, or 1.2% per day. Microsoft (MSFT)The fourth-quarter beatdown in Microsoft is all but a distant memory. On Friday, the sultan of software notched a new closing high at $115.91. It's also on a six-day winning streak. Volume surged to 54.6 million shares which is roughly double the daily average.With the breakout, MSFT stock is firmly positioned for more gains. It's effectively spent the past six months in pause mode. Consider the multi-month base a sound foundation for MSFT to build its next bull run on.Not surprisingly, the burst to record highs buoyed up options trading with calls leading the way. Activity ramped to 214% of the average daily volume, with 277,248 total contracts traded. Calls added 65% to the sum.The increased demand drove implied volatility slightly higher on the day to 18%. Still, it remains at a lowly 3rd percentile of its one-year range, so fear and uncertainty has all but abandoned MSFT stock. Premiums are now baking in daily moves of $1.34 or 1.2%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Monday's Vital Data: Aurora Cannabis, Oracle and Microsoft appeared first on InvestorPlace.
Oracle: Most Analysts Wall Street Analysts Say 'Hold' the StockAnalysts’ recommendationsAmong the 37 analysts covering Oracle (ORCL), 13 recommended a “buy,” 21 recommended a “hold,” and three recommended a “sell.” Analysts set a
Oracle positioned highest for ability to execute and furthest for completeness of vision in latest Gartner Magic Quadrant for Data Management Solutions for Analytics REDWOOD SHORES, Calif., March 18, 2019 ...
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a couple of FAANG stocks. Bearish calls included a beverage giant and an electric vehicle leader. ...
Oracle Corp. shares decline in the extended session Thursday after the enterprise software company forecast its outlook, following slight gains and losses after the company topped Wall Street estimates again amid a wave of stock buybacks.
Key Highlights from Oracle’s Q3 Earnings Results(Continued from Prior Part)Oracle beat Q3 earnings estimates Cloud services company Oracle (ORCL) posted adjusted earnings of $0.87 per share in the third quarter of fiscal 2019, which exceeded
Oracle Corp. (ORCL) released better-than-expected third-quarter results before the opening bell on March 14, driven by strength in the cloud service division and licence support unit. Warning! GuruFocus has detected 6 Warning Signs with ORCL. Total cloud services and license support sales made up approximately 70% of total quarterly revenue at $6.66 billion, up 4% in constant currency.
Key Highlights from Oracle’s Q3 Earnings Results(Continued from Prior Part)Oracle’s weak revenue growth Software giant Oracle (ORCL) topped revenue expectations of nearly $9.62 billion by 0.3% in the third quarter of fiscal 2019. While revenues
The Latest Updates from Microsoft and IBM(Continued from Prior Part)Reduction in phone business slowed Windows 10 uptakeWhen Microsoft (MSFT) released Windows 10 in July 2015, the company also set a target to get the operating system running on a
(ORCL) shares failed to get a lift even though it reported fiscal third-quarter earnings and fourth-quarter guidance that exceeded Wall Street’s expectations late Thursday. BMO Capital Markets analyst Keith Bachman said he is dubious that Oracle can improve its revenue-growth rates in the near future. Oracle’s (ticker: ORCL) revenue declined 1% year on year to $9.62 billion in the third quarter, topping FactSet’s estimate of $9.58 billion.
Key Highlights from Oracle’s Q3 Earnings ResultsOracle stock down 3.9% after hoursSoftware and cloud services giant Oracle (ORCL) was down as much as 4% in extended trading on Thursday, even though the company reported better-than-expected numbers
tumbled Friday after the software giant reported fiscal third-quarter adjusted earnings of 87 cents a share, beating forecasts by 3 cents, but issued a fourth-quarter outlook that disappointed investors. Revenue in the period fell to $9.61 billion from $9.68 billion a year earlier but topped analysts' estimates of $9.58 billion. Cloud-service and license-support revenue - the company's biggest segment - rose 1% to $6.66 billion and came in higher than forecasts of $6.64 billion.
Oracle Corporation (NYSE: ORCL) shares dropped Friday morning despite the company reporting a fiscal third-quarter earnings beat and providing fourth-quarter guidance that exceeded Wall Street’s expectations. BMO Capital Markets analyst Keith Bachman said he doesn’t believe Oracle can improve its revenue growth rates in the near future. “Therefore, we do not think Autonomous database or gradual unfolding of the cloud ERP market will help Oracle’s growth in FY20,” Bachman wrote in a note.
Oracle’s move to boost its payout by 26% is another example of how legacy technology companies are returning more capital to shareholders via dividends.