Stock Update: Oracle Corporation (NYSE:ORCL) – Tucson Electric Power Reduces Average Call Handling Time With Upgraded Oracle Utilities Customer Care and Billing System

[Marketwired] – Oracle Industry Connect — Utilities are faced with a rapidly changing industry and increasing expectations from their customers. Adapting to these factors requires a mature, flexible, and highly-scalable … Read more on this. Oracle Corporation (ORCL) , valued at $170.39B, opened this morning at $40.82. Looking at today’s trading action, the company’s one day range from $40.63 to $41.12 and has traded between $33.13 and $45.24 over the past 12 months. ORCL shares are currently priced at 15.43x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 20.83x forward p/e ratio. And for passive income investors, the company pays shareholders $0.60 per share annually in dividends, yielding 1.49%. In a review of the consensus earnings estimate this quarter, 31 sell-side analysts are looking at $0.82 per share, which would be $0.04 better than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.62 would be a $0.15 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $10.42 Billion. If reported, that would be a 2.71% decrease over the year-ago quarter. More recently, Macquarie Initiated ORCL at Outperform (Mar 4, 2016). Previously, BMO Capital Markets Initiated ORCL at to Market Perform. When considering if the stock is under or overvalued, the average price target is $43.77, which is 7.23% above where the stock opened this morning. See more in (NYSE:ORCL) Similar Articles: Company Update: Oracle Corporation (NYSE:ORCL) – Here’s Why Oracle (ORCL) Stock is Down Today Company Update: Oracle Corporation (NYSE:ORCL) – Oracle Utilities Operations Mobile Application Provides On-Demand Resource to Aid Utilities’ Field Workforces During Weather-Related Challenges Stock Update: Oracle Corporation (NYSE:ORCL) – Oracle Announces Date for Oracle HCM World 2016, Opens Call for Papers