Shares of SAP SE (NYSE:SAP) have earned an average rating of “Buy” from the twenty-one brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $99.25.
SAP has been the subject of several recent research reports. Zacks Investment Research downgraded shares of SAP from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Morgan Stanley downgraded shares of SAP from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 11th. Royal Bank of Canada reissued a “neutral” rating on shares of SAP in a research report on Monday, January 22nd. Desjardins raised shares of SAP to a “buy” rating and set a $49.00 target price for the company in a research report on Thursday, December 28th. Finally, Cowen downgraded shares of SAP from an “outperform” rating to a “market weight” rating in a research report on Friday, January 12th.
SAP (NYSE SAP) traded down $1.28 during mid-day trading on Wednesday, reaching $106.24. 485,646 shares of the company’s stock traded hands, compared to its average volume of 1,210,171. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market capitalization of $132,088.75, a P/E ratio of 27.52, a price-to-earnings-growth ratio of 2.94 and a beta of 1.15. SAP has a 12 month low of $96.04 and a 12 month high of $116.90.
SAP (NYSE:SAP) last posted its earnings results on Tuesday, January 30th. The software maker reported $1.92 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.59 by $0.33. The company had revenue of $8.01 billion during the quarter, compared to the consensus estimate of $7.99 billion. SAP had a net margin of 17.38% and a return on equity of 17.33%. sell-side analysts expect that SAP will post 4.33 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently bought and sold shares of SAP. State Street Corp boosted its holdings in shares of SAP by 2.3% during the 2nd quarter. State Street Corp now owns 204,794 shares of the software maker’s stock worth $21,436,000 after buying an additional 4,622 shares during the period. Nationwide Fund Advisors boosted its holdings in shares of SAP by 1.7% during the 3rd quarter. Nationwide Fund Advisors now owns 53,300 shares of the software maker’s stock worth $5,844,000 after buying an additional 900 shares during the period. Sei Investments Co. boosted its holdings in shares of SAP by 13.0% during the 3rd quarter. Sei Investments Co. now owns 104,273 shares of the software maker’s stock worth $11,435,000 after buying an additional 12,007 shares during the period. Advisor Group Inc. boosted its holdings in shares of SAP by 18.3% during the 3rd quarter. Advisor Group Inc. now owns 12,187 shares of the software maker’s stock worth $1,337,000 after buying an additional 1,889 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in SAP by 2.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 275,375 shares of the software maker’s stock valued at $30,196,000 after purchasing an additional 5,644 shares during the last quarter. 10.29% of the stock is owned by institutional investors and hedge funds.
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SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).
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