Oracle Corporation (ORCL)

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2 Sizzling Software Stocks to Snatch-Up This Spring
By: Sweta Vijayan | May 10, 2021

On May 6, The Premier League chose ORCL as its official cloud provider to deliver in-match statistics through ORCL’s data and analytics and machine learning technologies, beginning with the 2021-22 season. ‘Match Insights – Powered by Oracle Cloud’ should deliver immediate results based on live data streams, real-time tracking data, and League’s players’ profiles during global broadcast coverage and across the Premier League’s social channels, thus providing a data-rich experience.

On May 5, Mashreq Bank, one of the United Arab Emirates’ leading financial institutions, collaborated with ORCL to modernize its transaction banking capabilities in the Middle East and Africa. Mashreq will implement ORCL’s Transaction Banking platform with solutions for digital banking, payments, trade finance, liquidity management, and virtual accounts, to deliver faster innovation to its growing customer base.

The company’s non-GAAP total revenues have increased 2.9% year-over-year to $10.09 billion for its fiscal year 2020 third quarter, ended February 28. ORCL’s non-GAAP operating income came in at $4.78 billion, which represents a 9.8% rise from the prior-year period. Also, its non-GAAP net income is $3.49 billion for the quarter, up 10.3% year-over-year. ORCL’s EPS also increased 19.6% year-over-year to $1.16.

A $1.31 consensus EPS estimate for the current quarter, ending May 31, 2021, represents a 9.2% improvement year-over-year. ORCL surpassed the consensus EPS estimates in each of the trailing four quarters. The $11.04 billion consensus revenue estimate for the current quarter represents a 5.8% gain from the prior-year period. Analysts expect the stock’s EPS to grow at a 12.2% rate per annum over the next five years.

The stock has gained 52.9% over the past year and 45.6% over the past nine months. ORCL closed Friday’s trading session at $80.40.

ORCL’s strong fundamentals are reflected in its POWR Ratings. The stock has an overall B rating, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.

The stock has a B grade for Quality, Value and Stability l. Click here to see the additional ratings for ORCL (Growth, Sentiment and Momentum).

ORCL is ranked #12 of 124 stocks in the Software – Application industry.

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