ORCL - Oracle Corporation
55.01 0.00 (0.00%)
After hours: 5:15PM EDT
| Previous Close | 55.18 |
| Open | 55.15 |
| Bid | 54.51 x 3100 |
| Ask | 55.18 x 4000 |
| Day's Range | 54.58 - 55.22 |
| 52 Week Range | 42.40 - 55.53 |
| Volume | 8,125,198 |
| Avg. Volume | 13,917,666 |
| Market Cap | 188.005B |
| Beta (3Y Monthly) | 1.04 |
| PE Ratio (TTM) | 19.71 |
| EPS (TTM) | 2.79 |
| Earnings Date | Jun 17, 2019 - Jun 21, 2019 |
| Forward Dividend & Yield | 0.96 (1.79%) |
| Ex-Dividend Date | 2019-04-10 |
| 1y Target Est | 53.07 |
Yahoo Finance•6 hours agoMicrosoft hits $1 trillion in market cap after strong earnings
Microsoft hit $1 trillion in market cap for the first time ever after reporting strong earnings results.
- Market Realist•yesterday
Buffett Keeps Markets Guessing about His Next ‘Elephant’
Berkshire’s Cash Pile Sparks Acquisition Rumors—Buffett Denies(Continued from Prior Part)Berkshire’s acquisitions Warren Buffett, Berkshire Hathaway’s (BRK-B) chair, has denied that the company is looking at buying PG&E Corporation (PGE).
- PR Newswire•yesterday
University of California San Diego to Streamline Finance with Oracle ERP Cloud
Cutting-edge research institution boosts efficiency, insights and decision making with modern cloud platform REDWOOD SHORES, Calif., April 24, 2019 /PRNewswire/ -- The University of California San Diego ...
- Market Realist•2 days ago
Microsoft Is a Finalist in the Race for a $10 Billion Contract
Four of the Latest Takeaways from Microsoft in April(Continued from Prior Part)Oracle and IBM dropped Microsoft (MSFT) has made it to the short list of companies being considered for a lucrative cloud contract from the US Department of Defense. The
- TechCrunch•2 days ago
Oracle turns to innovation hubs to drive cultural and business shift to cloud
For a good part of its existence, it sold databases to some of the biggest companies in the world, but today as the market changes and shifts from on-prem data centers to the cloud, how does a company like Oracle make that transition? Of course, Oracle has been making the shift to the cloud for the last several years, but it would be fair to say that it came late. Plus, it takes more than building some data centers and pushing out some products to change a company the size of Oracle.
- Investor's Business Daily•2 days ago
Digital Transformation Comes To The Back Office Via Robotic Software
"Digital transformation" projects have been a growth driver for technology companies. Accenture and others are forging deals with robotic software startups that build digital workers.
- PR Newswire•2 days ago
Mobile Is Key to Boosting Guest Experiences Say Hoteliers
REDWOOD SHORES, Calif., April 23, 2019 /PRNewswire/ -- A whopping 91 percent of hotel executives surveyed said mobile technologies are critical to improving guest experience and cultivating loyalty. "It's clear that hotels need to provide mobile innovations to meet the requirements of today's savvy consumers, yet some haven't started their mobile journey.
- PR Newswire•2 days ago
62 Percent of Restaurants Feel Unprepared for a Mobile Future
REDWOOD SHORES, Calif., April 23, 2019 /PRNewswire/ -- A recent survey of food and beverage leaders highlights that while a large percentage feel confident in their restaurant's current use of mobile technology, only 48 percent feel prepared to capitalize on future innovations. Sixty-two percent of respondents expressed doubts over their ability to keep up with the speed of mobile technology changes. "The rise of mobile ordering and on-demand food delivery services are completely changing the restaurant and guest experience," said Simon de Montfort Walker, senior vice president and general manager for Oracle Food and Beverage.
Market Realist•2 days agoDid Buffett Deploy Cash in Q1 as Markets Bounced Back?
Can Berkshire Hathaway Play Catch-Up with the S&P 500 This Year?(Continued from Prior Part)US markets in the first quarterUS markets had a strong first quarter, with the S&P 500 (SPY) rising 13.1%. The markets slumped in the fourth quarter
- Barrons.com•2 days ago
A Giant Fund Is Making Big Bets on Intel, Verizon, and Oracle Stock
Dutch pension manager PGGM, which manages 211 billion euros, also sold Microsoft stock in the first quarter.
Associated Press•3 days agoGame of Thrones: Co-CEOs may prove no match for ice zombies
WASHINGTON (AP) — Are two chief executives better than one? With Game of Thrones' Jon Snow revealing his royal lineage to his lover — and aunt — and potential rival Daenerys Targaryen during Sunday's episode, their beleaguered army at Winterfell is about to find out.
- Market Realist•3 days ago
Buffett’s Wait for His ‘Elephant’ Might Be Longer Now
Can Berkshire Hathaway Play Catch-Up with the S&P 500 This Year?(Continued from Prior Part)Buffett In his 2018 annual letter, Berkshire Hathaway (BRK-B) chair Warren Buffett said that he and vice-chair Charlie Munger “hope for an
- InvestorPlace•3 days ago
Microsoft Stock Is Still One of the Best to Buy and Hold Forever
Microsoft (NASDAQ:MSFT), a tech colossus and one of the hottest stocks on Wall Street, is up 22% in 2019. Microsoft stock, which has recently seen a 52-week high at $123.52, is expected to release earnings on Apr. 24, after the close.Source: Shutterstock I believe that the strong performance of MSFT stock has been based on robust fundamentals, which I expect to continue in the rest of the year. With earnings season in full swing, let us look at the catalysts that are likely to provide tailwinds to the MSFT stock price. What to Watch for From Microsoft's EarningsAs one of the world's leading technology companies, Microsoft offers a wide range of software products, services and devices, as well as online advertising to a global audience.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn its upcoming earnings report, Microsoft shareholders will pay special attention to three segments: * Productivity and business processes (includes its Office and Dynamics product lines, and LinkedIn platform) * Intelligent cloud (encompasses the company's server products, cloud services and enterprise services offerings) * Personal computing (includes Windows licensing revenue, Xbox-related gaming revenue and revenue from its Surface family of products and PC accessories)Overall, each segment is an important contributor to the company's bottom line and mostly eye-popping figures. When Microsoft reported its Q2 results on Jan. 30, it posted gains in revenue and earnings, buoyed especially by strong growth in its cloud-based services. The tech giant delivered $32.5 billion in quarterly revenue.This week, investors will want to see if there is any growth fatigue at the high-profile tech company. The tech giant is expected to report $1-per-share on revenue of $29.84 billion; the reported earnings-per-share for the same quarter in 2018 was 95 cents.Microsoft stock is momentum-driven, hence it usually experiences big price swings after reporting earnings. In other words, it can easily gap up if the numbers are better than expected, or if the numbers disappoint, the stock can easily gap down, too. * 10 Best Stocks to Buy and Hold Forever Microsoft Stock Has Excellent Long-Term Growth MetricsThe recent rise in Microsoft stock price shows that Wall Street believes in the company's growth narrative. MSFT now trades at about 29 times analysts' consensus 2019 earnings estimate. Let us look at how each of the above segments may continue to add to Microsoft's future growth as well as the stock price.Segment-wise, the earning report of Jan. 2018 showed that Microsoft's productivity and business processes revenue increased 13% to $10.1 billion. Investors also cheered the growth in LinkedIn's advertising and premium memberships numbers. Microsoft had acquired the social networking platform in 2016 for $26.2 billion. LinkedIn, whose revenue increased 33%, now has over 600 million total users and over 260 million monthly active users (MAUs). In other words, the deal is paying off well for Microsoft.In its January earnings report, the company's intelligent cloud segment got the majority of attention and for good reason. Revenue rose 20% to $9.4 billion. Azure, Microsoft's cloud computing and artificial intelligence (AI) data analytics platform, is now the world's second fastest growing cloud platform behind Amazon's (NASDAQ:AMZN) AWS platform.Azure's 76% growth on a year-over-year basis indicates that Microsoft is gaining market share in one of the most important growth industries of the coming decade. Azure continues to incorporate applications that businesses that store data on Microsoft cloud also find valuable, including those driven by AI data analytics. In other words, Microsoft customers can use these AI algorithms to analyze data better so that their own bottom lines improve. Furthermore, the gross margin of the commercial cloud business has been increasing steadily over the past quarters -- a trend investors hope will continue.Microsoft's personal computing segment showed some weakness in the latest earnings numbers. Microsoft Chief Financial Officer Amy Hood said that the revenue from copies of Windows software sold pre-installed on PCs fell 5%, as a result of a shortage of microprocessors. However, going forward, Wall Street is estimating relative stability in this segment. On a brighter note, gaming was a strong area in the sector and it is likely to remain so.Over the next five years, analysts on average expect Microsoft to grow earnings at an annual rate of 12.35% -- another reason why most Wall Street analysts are very positive on MSFT stock. In general, the company has been consistent in beating analysts' EPS and revenue estimates.Creating growth opportunities in the highly competitive tech space requires proactive management. And that's where one of Microsoft's strengths may lie. Under its CEO Satya Nadella, Microsoft has managed to move to a business model that centers around subscription-based products and services with regularly recurring revenue.And shareholders in this elite business, who also enjoy a 1.5% dividend yield, have been particularly rewarded. As a primarily subscription-based business, Microsoft now has a stable cash flow, another positive factor to consider for dividend investors. Short-Term Technical Analysis Over the past year, Microsoft stock is up almost 28%. Due to the recent impressive run-up in the stock price, short-term technical indicators have become somewhat over-extended. Investors who pay attention to short-term oscillators should note that Microsoft's technical message has also become "overbought."So, following its earnings report, there might be some profit taking in Microsoft stock. It's likely that a lot of good news has already been priced into the stock price. Microsoft stock's beta is 1.21, which means its volatility on average is 20% higher than that of the broader market. Therefore, if the industry or the overall market declines as other companies release earnings, the MSFT stock price may also be adversely affected. * 7 Strong Buy Stocks the Street Loves Several of Microsoft's competitors include Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon, Oracle (NYSE:ORCL) and Salesforce.com (NYSE:CRM). Therefore, as the market reacts to news and earnings numbers from any of these companies, MSFT's share price is likely to become choppy, too.If you already own Microsoft stock, you might want to hold your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3-5% below the current price point, to protect your profits to-date.If you are an experienced investor in the options market, you may also consider using a covered call strategy with an approximately two-month time horizon. In that case, you may, for example, buy 100 shares of MSFT at a limit price of $123.37 (closing price on Apr. 19) and, at the same time, sell a MSFT June 21 $125 call option, which currently trades at $3.20.The $125 option is slightly out-of-the-money, offering some downside protection in case of volatility and a decline in MSFT stock. This call option would stop trading on June 21, 2019, and expire on June 22.I would not advocate bottom-picking in case of near-term price weakness. Yet, I find MSFT stock to be a compelling buy candidate and by the end of 2020, I'd expect the shares to reach $140. In other words, it's still a good time to be bullish on Microsoft. The Bottom Line on MSFT StockAs Microsoft gets ready to release its quarterly results this week, investors who are seeking capital appreciation should keep in mind the company's dominant position in the cloud sector. Earnings are likely to catalyze Microsoft stock in the coming months, but just as crucial is the visionary stature of management vis a vis its technology peers. I believe that MSFT is on solid track to reach a $1 trillion valuation in the coming months.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post Microsoft Stock Is Still One of the Best to Buy and Hold Forever appeared first on InvestorPlace.
- American City Business Journals•3 days ago
Here are the 20 top-earning women executives in the Bay Area
The Bay Area’s 20 highest-earning women executives hail from the Bay Area's top tech companies as well as its retail and financial giants. Several companies — Square, Cisco and Williams-Sonoma — have multiple executives in our top 20 list.
GuruFocus.com•6 days agoYacktman Focused Fund Sells Procter & Gamble, Exits Oracle
Yacktman Focused Fund (Trades, Portfolio), the non-diversified investment firm, sold shares of the following stocks during the first quarter. Warning! GuruFocus has detected 2 Warning Sign with TCFC. GuruFocus gives the company a profitability and growth rating of 7 out of 10.
- American City Business Journals•7 days ago
Google Cloud hires 27-year SAP veteran to lead customer operations
Google Cloud lags Amazon and Microsoft in market share and customer experience, but new CEO Thomas Kurian, previously a longtime Oracle executive, is trying to change that.
GuruFocus.com•8 days agoSteven Romick Discloses Univar Stake, Axes 3 Positions in 1st Quarter
FPA Crescent Fund manager releases portfolio
- American City Business Journals•8 days ago
For JEDI acquisition to succeed, the devil will be in the requirements
The DOD could award its flagship cloud contract as early as July 19, but while JEDI has overcome multiple pre-award protests, it could still be felled.
- Market Realist•8 days ago
A Look at Oracle’s Valuation and Stock Returns
These Tech Stocks Could Be Overvalued at Their Current Prices(Continued from Prior Part)ORCL’s returns Tech giant Oracle (ORCL) has generated a return of 18.5% in the last 12 months. Since the start of 2019, the stock has risen 21%. It’s gained
- American City Business Journals•8 days ago
JEDI procurement moving forward after judge lifts stay
The Pentagon is one step closer to awarding its massive $10 billion cloud computing contract after a federal claims court judge on Monday lifted a stay placed on the procurement process. The stay was granted in February to give Defense Department officials time to investigate whether an Amazon Web Services employee who had previously worked for the DOD had improper influence on the Joint Enterprise Defense Infrastructure contract, a program that seeks to transform the Pentagon’s IT posture through the use of commercial cloud technology. The Pentagon said last week it determined the employee, Deap Ubhi, did not negatively impact the JEDI procurement process, but he may have committed ethics violations.
- PR Newswire•8 days ago
Westchester Community College Uses Oracle Cloud to Modernize Education Experience
Community college deploys Oracle Student Cloud to recruit and engage students across an expanding portfolio of learning programs REDWOOD SHORES, Calif., April 17, 2019 /PRNewswire/ -- Westchester Community ...
- InvestorPlace•9 days ago
Will Alphabet’s Big Bet on Google Cloud Be Enough?
Clouds are becoming the standard for enterprising computing. Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google Cloud offering has been getting left behind.Source: Shutterstock But under a new business-suited leader, Thomas Kurian, formerly a senior vice president at Oracle (NASDAQ:ORCL), that is supposed to change, with thousands of new salespeople and a commitment to supporting open source.It's a two-pronged attack.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe salespeople are a move against Microsoft (NASDAQ:MSFT), the leading cloud platform, which dominates enterprise computing. Open source is a move against Amazon (NASDAQ:AMZN), the leading cloud infrastructure company, which has been squabbling with major open source projects who claim it violates the spirit of their licensing.The battle for the enterprise cloud is on. Kurian's WayKurian and his suits are part of the message.Google CEO Sundar Pichai seems to only wear ties for weddings and congressional testimony. Kurian's image is aimed at enterprise sales, at customers moving off Oracle. Even when appearing tie-less, he retains the jacket and a button-down shirt. * 10 Stocks That Are Screaming Buys Right Now In addition to hiring a sales team, Kurian is building Google's third-party channel. The open source partnerships are a shot across the bow at International Business Machines (NYSE:IBM), which bet the company on hybrid cloud and open source in buying Red Hat (NYSE:RHT) last year. So is BigQuery, a spreadsheet database, meant to prove that only the scale of a Cloud Czar can deliver what big enterprises need.Kurian's plan is also based on interoperability. Google Cloud not only wants to connect enterprises with cloud rivals, but with rival cloud applications from Salesforce (NASDAQ:CRM) and SAP (NYSE:SAP) databases. Kurian even has a Microsoft LinkedIn page. Noticeably absent from all this is Oracle.Anthos, a new container management system based on open source Kubernetes, allows use of Microsoft and Amazon clouds, as well as Google and private clouds, for enterprise applications. Tools like IntelliJ and VSCode, connected to containers, are for cloud-native applications. Kurian also announced the company's first vertical-market cloud solution, a collection of tools for large retailers.Google is bulking up its G Suite applications, which compete with Microsoft Office. Google killed its Inbox service and is standardizing communications of all types inside Gmail. The PrizeGartner Group estimates $1.3 trillion in enterprise spending will be shifted to the cloud by 2022, with the greatest shift being in infrastructure. Private cloud spending is growing at over 30% per year, public cloud spending at over 20% per year, at the expense of spending on traditional data centers.This growth is what justifies the $900 billion valuations placed on the three leading cloud players. Apple (NASDAQ:AAPL) is building out paid services on its cloud, while Facebook (NASDAQ:FB) continues to focus on free services with its cloud. The message of Kurian this week is that the effort to bring everyone else into the cloud has become a three-way race. The Bottom Line on Google CloudMost Google revenue still comes from its free public services, from search, Maps and YouTube. That's the base on which it is building its enterprise cloud business. That's the heart of its cash flow.For now, there is plenty of enterprise cloud business to go around among the Big Three, and even among suppliers like Dell (NASDAQ:DELL), service companies like IBM and cloud-based software vendors like Salesforce.It's a big investment that will cut margins in the short term. Last year, 22% of Alphabet's $137 billion of revenue went to net income. But the enterprise computing opportunity won't come to the Cloud Czars twice. Google's message this week is it will pay to be a player.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing, he owned shares in MSFT, AAPL and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post Will Alphabet's Big Bet on Google Cloud Be Enough? appeared first on InvestorPlace.
- Benzinga•9 days ago
Jim Cramer Weighs In On Oracle, Bluebird Bio And More
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he is willing to recommend 3Pea International Inc (NASDAQ: TPNL ) as a speculative buy. Oracle (NYSE: ORCL ) is an inexpensive stock that ...
Bloomberg•10 days agoBig Tech's Big Tax Ruse: Industry Splurges on Buybacks
The top 10 U.S. tech companies spent more than $169 billion purchasing their shares in 2018, a 55 percent jump from the year before the tax changes, according to data compiled by Bloomberg. The industry as a whole authorized the greatest number of share buybacks ever recorded, totaling $387 billion, according to TrimTabs Investment Research. Spending on research and development climbed slightly.
