Oracle Stock Slips Despite Market Gains; EPS Growth Expected But Valuation Lags Peers
• Oracle (ORCL) stock closed lower despite market gains; shares down 3% over last month • EPS projected to rise 12.3% and revenue up 7.07% in upcoming earnings report • Analyst estimate revisions closely tied to near-term stock price moves • Oracle trades at discount to software industry average valuation • Computer and Technology sector ranks in top 25% of all industries based on outlook