The shares of Oracle Corporation (NYSE:ORCL) has been pegged with a rating of Neutral by Exane BNP Paribas in its latest research note that was published on March 29th, 2019. The research company has also assigned a $50 price target. Exane BNP Paribas wasnâ€™t the only research firm that published a report of Oracle Corporation, with other equities research analysts also giving their opinion on the stock. BMO Capital Markets advised investors in its research note published on March 15th, 2019, to Market Perform the ORCL stock while also putting a $53 price target. The stock had earned Reduce rating from Nomura when it published its report on March 11th, 2019. That day the Nomura set price target on the stock to $42. The stock was given Equal-Weight rating by Morgan Stanley in its report released on January 15th, 2019. Atlantic Equities was of a view that ORCL is Underweight in its latest report on January 9th, 2019 while giving it a price target of $45. Barclays thinks that ORCL is worth Equal Weight rating. This was contained in the firmâ€™s report on January 9th, 2019 in which the stockâ€™s price target was also moved to $55.
Amongst the analysts that rated the stock, 2 have recommended investors to sell it, 21 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $53.07. The price of the stock the last time has raised by 28.75% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 61.77.
The shares of the company dipped by -0.07% during the trading session on Tuesday, reaching a low of $54.33 while ending the day at $54.59. During the trading session, a total of 7.27 million shares were traded which represents a 49.79% incline from the average session volume which is 14.47M shares. ORCL had ended its last session trading at 54.63. Oracle Corporation currently has a market cap of $186.19B, while its P/E ratio stands at 20.40, while its P/E earnings growth sits at 4.70, with a beta of 1.08. Oracle Corporation debt-to-equity ratio currently stands at 2.37, while its quick ratio hovers at . ORCL 52-week low price stands at $42.40 while its 52-week high price is $54.75.
The company in its last quarterly report recorded $0.87 earnings per share which is above the $0.84 predicted by most analysts. The Oracle Corporation generated $9,618.00 million in revenue during the last quarter, which is slightly higher than the $9,589.66 million predicted by analysts. In the second quarter last year, the firm recorded $0.80 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was up by 8.05%. Oracle Corporation has the potential to record 2.68 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Deutsche Bank published a research note on January 11th, 2019 where it informed investors and clients that Hanesbrands Inc. (NYSE:HBI) is now rated as Hold. Their price target on the stock stands at $16. BMO Capital Markets also rated HBI as Downgrade on March 15th, 2019, with its price target of $32 suggesting that HBI could surge by 2.19% from its current share price. Even though the stock has been trading at $18.49/share, analysts expect it to surge higher by 1.41% to reach $19.17/share. It started the day trading at $18.82 and traded between $18.50 and $18.75 throughout the trading session.
A look at its technical shows that HBIâ€™s 50-day SMA is 18.10 while its 200-day SMA stands at 17.28. The stock has a high of $22.57 for the year while the low is $11.57. The companyâ€™s P/E ratio currently sits at 12.41, while the P/B ratio is 7.02. At the moment, only of Hanesbrands Inc. shares were sold short. The companyâ€™s average trading volume currently stands at 5.70M shares, which means that the short-interest ratio is just 6.37 days. Over the past seven days, the company moved, with its shift of 4.28%. Looking further, the stock has raised 36.07% over the past 90 days while it gained 14.61% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more HBI shares, increasing its portfolio by +2.99% during the last quarter. This move now sees The Vanguard Group Inc purchasing 1,124,725 shares in the last quarter, thus it now holds 38,797,121 shares of HBI, with a total valuation of $693,692,523. SSgA Funds Management Inc meanwhile bought more HBI shares in the recently filed quarter, changing its stake to $348,451,323 worth of shares. Massachusetts Financial Services followed the path by decreasing its HBI portfolio by -8.99% in the quarter. This means that Massachusetts Financial Services sold -1,855,107 shares in the last quarter and now controls 18,786,344 shares of the HBI stock, with the valuation hitting $335,899,831.
Similarly, Parnassus Investments increased its Hanesbrands Inc. shares by +0.47% during the recently filed quarter. After buying 80,397 shares in the last quarter, the firm now controls 17,136,129 shares of Hanesbrands Inc. which are valued at $306,393,987. In the same vein, Shapiro Capital Management LLC increased its Hanesbrands Inc. shares by during the most recent reported quarter. The firm bought 786,671 shares during the quarter which increased its stakes to 14,487,327 shares and is now valued at $259,033,407. Following these latest developments, around 1.10% of Hanesbrands Inc. stocks are owned by institutional investors and hedge funds.