|Bid||46.82 x 1200|
|Ask||46.83 x 800|
|Day's Range||45.33 - 46.86|
|52 Week Range||42.57 - 53.48|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||49.43|
|Earnings Date||Dec 17, 2018|
|Forward Dividend & Yield||0.76 (1.65%)|
|1y Target Est||52.93|
ServiceNow is the IBD Stock Of The Day as the software maker clears its 50-day and 200-day moving averages, breaking a recent downtrend. Solid guidance from peers has helped the company.
Oracle expects its EPS to rise between 11% and 15% to reach $0.77–$0.79 in the current quarter—healthy growth compared to the flattish revenue growth the company expects. According to Oracle, its free cash flow has risen 10% in the last year. Free cash flow is an important metric that shareholders consider when making investment decisions.
In the previous article, we discussed how Oracle’s (ORCL) revenue growth slowed in the fourth quarter of fiscal 2018 and improved just ~0.5% in the first quarter of fiscal 2019. According to the outlook provided by Oracle, it expects its revenue to grow between 0% and 2% in constant currency terms in the quarter, but the strengthening US dollar could hurt its revenue growth expectations. In August, the Turkish lira went through a bad phase that spread to other emerging markets.
Top executives from Google, Microsoft, IBM, Oracle and Qualcomm gathered Thursday at the White House amid strained ties between President Donald Trump's administration and the tech industry and an ongoing trade war with China.
Earnings Results to be released on December 17, 2018, After the Close of the Market REDWOOD SHORES, Calif., Dec. 6, 2018 /PRNewswire/ -- Oracle Corporation today announced that its second quarter fiscal ...
CORAL GABLES, FL / ACCESSWIRE / December 6, 2018 / The world of technology is rapidly changing and the enterprise software market is projected to show rapid growth. Major factors pushing the enterprise software market is the increasing adoption of customer relationship management and enterprise resource management software. According to Market Research Future, the enterprise software market is growing over 8% of CAGR and is expected to reach at approx. $634 Billion by the end of forecast period.
Oracle (ORCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the previous article, we discussed how Oracle’s (ORCL) Autonomous Database is an attempt by Oracle to penetrate the IaaS (infrastructure-as-a-service) market, a category of cloud computing. Despite Oracle’s small presence in the IaaS market, it’s known to be a leader in the traditional on-premises database market. According to a report from TechRepublic citing Gartner as its source, the open-source database market is worth $2.6 billion compared to $34 billion for the traditional database market.
NEW YORK, Dec. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
It uses machine learning algorithms to automate the routine tasks related to the fine-tuning of database configurations, thereby resulting in a performance increase. The database also has the ability to automatically encrypt data to make it more secure and avoid data theft. Another trend that Oracle is seeing is that companies are bringing their existing on-premises databases to the Oracle cloud.
DEEP DIVE Kevin Miller, who oversees six mutual funds that invest in other funds, said he’s shifting his allocation to large-cap, value and dividend stocks from smaller-company shares as he expects the U.
Google Chief Executive Officer Sundar Pichai, International Business Machines Corp.’s Ginni Rometty, Oracle Corp.’s CEO Safra Catz, Microsoft Corp.’s Satya Nadella and Qualcomm Inc.’s Steve Mollenkopf are among those expected to attend. Pichai, who is also due to testify before a congressional panel on Dec. 11, will join the group after Trump has repeatedly accused his company of systematically biasing search and news results against conservatives -- a charge with little evidence but one that other Republican politicians have picked up.
In the previous article, we discussed how Oracle (ORCL) is growing its presence in the ERP (Enterprise Resource Planning) market, especially in the ERP cloud market. ERP is the largest segment for Oracle’s applications business, and within this segment, Oracle has two main products: Fusion ERP and NetSuite. Fusion ERP consists of two parts: Oracle Fusion Applications and Oracle Fusion Middleware.
The real driver of growth for Oracle in the SaaS market is its growing presence in the ERP (Enterprise Resource Planning) space. ERP includes functions such as procurement, project management, financial management, and accounting. According to Gartner, ERP was a $31 billion market in 2017 and is poised to grow to $34 billion by the end of this year—decent growth despite worldwide economic concerns such as currency volatility, trade wars, and Brexit. The report mentions that SAP (SAP) continues to be the largest player in the ERP market with revenue of over $7 billion in 2017.
Matthew McLennan, who has posted a 9% annual return over 10 years, sees long-term value in Exxon Mobil, Oracle, and Weyerhaeuser.
SaaS (software-as-a-service) is the concept of the licensing of software applications by a third party on a subscription basis. Alongside SaaS, IaaS (infrastructure-as-a-service) and PaaS (platform-as-a-service) are the other two major categories of cloud computing. According to a report from IDC, SaaS continues to be the biggest category in the cloud services market, clocking $90 billion in revenue in 2017.
Tech leaders are heading to the White House today for a meeting on innovation, but the trade fight with China is not far from their minds. Yahoo Finance’s Alexis Christoforous and Dan Howley discuss.