Financial Analysis and Stock Valuation: Oracle Corporation (ORCL), Cleveland-Cliffs Inc. (CLF)

You should consider shares of Oracle Corporation (NYSE:ORCL) and Cleveland-Cliffs Inc. (NYSE:CLF) if you are looking for a great stocks to invest in. Starting with the ORCL shares, which traded at $54.76 at the close of the recent session, dropping -0.22%. On Wednesday, the company’s shares shed -$0.12 from its value which represented in intraday trading. The stock is now 3.36% higher in year-to-date (YTD) trading. ORCL’s intraday high was $55.18 while its lowest price touched $54.68. The stock’s 52-week high price is $60.50, which means the current price is at -9.49%. In terms of trading activity, the daily trading volume fell to 9079286 against 200-day average trading volume of 12,180,807 shares.

What are analyst forecasts for Oracle Corporation (NYSE:ORCL)?

At a consensus rating of 3.06, ORCL is trending as a streaking Hold, as it has been the case a month ago when 20 analysts called it a Hold. Two months ago, 20 analysts recommended, on average, that ORCL stock is a Hold. The Technology company’s shares’ overall bearish trend saw it close higher on Wednesday compared to its opening price of $54.88 on the day.

Forecasts for Oracle Corporation (NYSE:ORCL) give the stock a fair value for the growth of 6.39% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $58.50, which means the price per share could rise by nearly $3.74. The price range target is between a low of $35.00 and a high of $70.00. The stock would need to gain by about $21.77 to hit the estimated high or 0.87% from its 12-month low.

The consensus among 33 analysts is that it is a good time for one to Hold in the Oracle Corporation. 6 analysts rate ORCL as a Buy, with 2 of 33 analysts rate it as a Sell. 2 have valued the stock as Overweight and 22 have recommended that investors Hold.

Oracle Corporation (NYSE:ORCL) Upgrades and Downgrades

In terms of rating changes, Piper Jaffray on November 13, 2019, Resumed Oracle Corporation (ORCL) at Neutral. They believe the stock could reach $51 in the near term. Analysts at Jefferies have assigned a Hold rating for the stock in their research note on October 08, 2019. Moreover, BMO Capital Markets analysts issued a rating of Market Perform for the stock on September 27, 2019, giving it a price target of $62 for the next 12 months. On September 12, 2019, the stock earned a Market Perform rating due to an analyst call from BMO Capital Markets, while analysts from BMO Capital Markets on June 20, 2019 suggested that the stock is Market Perform.

Cleveland-Cliffs Inc. (NYSE:CLF) adds -$0.1 on Wednesday

The CLF stock has tanked -7.14% year-to-date and is currently trading at $7.80, which is -36.00% below its 52-week high. The company shares lost -1.27% on the day and have risen nearly 18.36% off a low hit. At current levels, Cleveland-Cliffs Inc. has a valuation of about $2.15B. As of 01/15/20, this stock has fallen -1.64% during the week and closed at $7.90 in the previous session. However, recent Cleveland-Cliffs Inc. stock performance shows that CLF shares are -9.51% down over the last month, and 6.27% up for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0.6, with the trailing 12-month share earnings at $2.86. The ratio is expected to be down by -70.40% for the current year 2019 and -28.20% for next year. Over the next 5-year period, earnings per share will be -2.74%. But will the CLF stock surprise in the current quarter results, where the $0.33 actual EPS reported on 9/29/2019 surprised by 37.50% or was higher by $0.09 from the estimated $0.24.

Sales Growth to climb 0.50% for the year

How well will Cleveland-Cliffs Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $511M and $596.1M in current quarter sales. The consensus estimated for the current quarter is $550.05M from sales. Forecasts for this fiscal year are between $1.97B and $2.05B and the consensus estimate for sales is at $2.01B. CLF has its next quarter sales estimates at between $97.4M and $148.09M, with the quarter-over-quarter growth estimates at -21.80% and the annual growth forecast for the year at 0.50%.

Who owns shares in Cleveland-Cliffs Inc. (CLF)?

Let’s briefly focus on the share ownership of the Cleveland-Cliffs Inc. (NYSE:CLF) stock, where we find that 83.38% of shares are held by institutions. Vanguard Group, Inc. (The) tops the list of institutional owners as it is holding 24.62 million shares or 9.12% of shares outstanding. Blackrock Inc. and FMR, LLC held 19.51 million and 15.46 million representing 7.22% and 5.72% respectively at the close of the last trading session. As of Sep 29, 2019, Fisher Asset Management, LLC accounted for 13.61 million shares at over 98.28 million. This represented 5.04% of shares outstanding. Ruffer LLP held 11.23 million shares at over 81.07 million representing 4.16% of shares outstanding.

CLF Insider Activity

On 2/19/2019, Chairman, President & Chief Executive Officer by the name Goncalves C Lourenco sold 547241.0 shares worth $6.2 million at the price of $11.24 per share. Filings also show that Fedor Terry G sold a total of 80465.0 shares on 2/19/2019 valued at $904400.0. Since the last insider activity, the company’s share price has dropped -30.60%.