|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||50.27 - 50.60|
|52-week range||39.43 - 53.14|
|PE ratio (TTM)||21.73|
|Earnings date||13 Mar 2018 - 19 Mar 2018|
|Forward dividend & yield||0.76 (1.53%)|
|1y target est||55.77|
After five years of rapid growth, technology companies are expected to issue less debt in 2018 as they start to bring some of the cash parked overseas back to the U.S.
After a report surfaced of Oracle potentially losing two key customers, investors have to wonder if the software company's competitive advantages are still intact.
With Jeff Bezos leading the pack, technology-company founders hold five of the top ten spots on this billionaires' list.
Earlier in this series, we saw how improvement in Oracle’s (ORCL) SaaS revenues and gross margins improved its net margins. Now let’s look into Oracle’s cash and cash flows to determine whether they support the company’s recent addition of $12 billion in its share buyback program. In fiscal 2Q18, Oracle generated ~$14.7 billion in GAAP OCF (operating cash flow).
Oracle's BYOL has resulted in significant management and operational costs, as with BYOL, customers with existing on-premise licenses can use Oracle's PaaS at a fraction of the previous PaaS price.
Within its Software Licensing segment, Oracle’s new software licenses revenues were almost flat. It grew 0.4% to ~$1.4 billion in fiscal 2Q18.
As of December 26, 2017, Microsoft (MSFT), with a market cap exceeding $650 billion, continued to be the largest software player. Oracle came in second.
Through Oracle 18c, Oracle is targeting its current on-premise customer base that runs the company's database on their own hardware.
Oracle has only one "sell" recommendation, which means that despite the lower-than-expected guidance for the current quarter, industry analysts still seem hopeful for Oracle's prospects and its ...
Sanderson writes that in general, the relative valuation of mega-cap tech stocks, including Fang stocks and Apple (AAPL), relative to the S&P 500 increased in the third quarter, but then decreased in the fourth quarter, as value significantly outperformed growth toward the end of the year While year-end premiums for big tech were still higher at the end of the fourth quarter than at mid-year, Sanderson highlights that relative valuation is still "well below" the five- and ten-year historic averages.
With a market share of 41.6%, Oracle leads the database space. However, its market share has dropped 1.5% since 2016. Microsoft (MSFT) and IBM (IBM) are the top three players in this space.
According to Synergy Research, quarterly cloud infrastructure services, which include IaaS, PaaS, and hosted private cloud services, grew to become a $12 billion market in 3Q17.
Oracle tried to leverage its leadership position in the database space by providing DbaaS (database-as-a-service) business, which was launched in September 2016.
In October 2017, Oracle announced that Oracle 18c, its first fully automated database system, would offer data-warehousing services at half the price that AWS charges.
According to IDC, global server revenues grew 19% to $11.8 billion, while shipments grew 1.1% to 2.7 million units.
North America and Latin America continued to be the largest market for Oracle (ORCL). The Americas region accounted for 56% of the company's total revenues in fiscal 2Q18.