What's Happening with ORCL
Oracle Corporation (ORCL) is scheduled to report Quarter 4 numbers after the market close on December 9. Analysts forecast earnings of $0.22 per share for the quarter. During the same period last year the company earned $0.24, and the stock is up 36.3% on the year.
Technical Analysis
ORCL was recently trading at $88.18 down $10.77 from its 12-month high and $29.96 above its 12-month low. InvestorsObserver gives ORCL a 83 long-term technical score and a 98 short-term technical score. The stock has recent support above $87.93 and recent resistance below $96.45. Of the 19 analysts who cover the stock 5 rate it Strong Buy, 0 rate it Buy, 14 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, ORCL gets an overall score of 72 from InvestorsObserver.
Analysts' Thoughts
ORCL has shown annual earnings growth of 7.95% over the last five years, and looking ahead analysts expect the company to grow profits 8.66% per annum the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects $0.22 EPS. ORCL is currently trading at $88.18 with an average price target of $90.03.