Oracle (NASDAQ: ORCL) closed at $117.77 in the most recent trading session, registering a decline of 1.83% from the prior day’s close. That move underperformed the S&P 500, which posted a daily loss of 1.52% during the same session. On the valuation front, Oracle is currently trading at a Forward P/E ratio of 14.93, which represents a discount to the industry average Forward P/E of 15.92. Oracle currently holds a Zacks Rank of #2 (Buy), placing it among stocks that the Zacks ranking system views favorably based on recent estimate revision trends. The Computer – Software industry, of which Oracle is a part, currently holds a Zacks Industry Rank of 89, placing it in the top 37% of all 250-plus industries tracked by the firm.