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Market Update (NYSE:ORCL): SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Oracle Corporation of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of August 1, 2016 – ORCL

[GlobeNewswire] – NEW YORK, June 06, 2016– The following statement is being issued by Levi& Korsinsky, LLP:. To: All persons or entities who purchased or otherwise acquired securities of Oracle Corporation between September … Read more on this. Oracle Corporation (ORCL) , valued at $163.67B, started the session at $39.19. Shares have traded today between $39.12 and $39.64 per share and has traded between $33.13 and $45.24 over the past 12 months. ORCL shares are currently priced at 14.92x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 1.90x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $0.60 per share annually in dividends, yielding 1.53%. According to a consensus of 32 analysts, the earnings estimate of $0.82 per share 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 worse when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $10.47 Billion. If reported, that would be a 2.24% decrease over the year-ago quarter. Recently, Northland Capital Initiated ORCL at Outperform (Apr 20, 2016). Previously, Macquarie Initiated ORCL at to Outperform. The average price target for ORCL shares is $43.86, which is 11.92% above where the stock opened this morning. See more in (NYSE:ORCL) Similar Articles: Market Update: HCP Inc (NYSE:HCP) – INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of HCP, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 11, 2016 – HCP Stock Update (NYSE:HCP): INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of HCP, Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of July 11, 2016 — HCP Market Update (NYSE:SRE): SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Sempra Energy of Commencement of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 – SRE
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