The oldest trick in the book, when you want an artificial raise of the stock, and the Oracle leadership is not shy of doing it on a big scale. Any way to find out the realistic value? I doubt it, but it would be certainly interesting to see.
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That sh-- used to be illegal, and for good reason. Once the American Kleptocracy started back in the days of Reagan, all that common sense stuff flew right out the window
They would no doubt be down, bit how much? Who knows?
Take earnings per share and correct for decrease in shares outstanding due to buybacks. There is a website linked somewhere in a post that has the data for Oracle stock outstanding. IIRC, it was 10% decrease in 2018, so you need a 10% INCREASE in EPS to break even. For some reason analysts Ignore this but it matters because true EPS reflects revenue and profitability growths. Decline in revenue and profitability leads to cutting.