SAP SE (NYSE:SAP) Stock Rated "Moderate Buy" by Sell-Side Brokerages

Key Points

• SAP has a consensus “Moderate Buy” rating from 21 analysts: 13 recommend buying, seven rate it a hold, and one gives it a strong-buy rating. The average 12-month price target is $264.57.
• SAP shares opened at $214.85, with a market capitalization of approximately $263.94 billion and a one-year trading range of $144.97 to $281.36.
• In its latest quarter, SAP reported earnings of $1.82 per share, below the $2.00 analyst consensus, while revenue rose 9.4% year over year to $11.27 billion.

SAP SE (NYSE:SAP - Get Free Report) has been given a consensus rating of "Moderate Buy" by the twenty-one analysts that are currently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $264.57.

A number of brokerages have recently commented on SAP. Morgan Stanley reaffirmed an "overweight" rating on shares of SAP in a research note on Friday, August 21st. TD Cowen reaffirmed a "buy" rating on shares of SAP in a report on Friday, July 24th. Jefferies Financial Group reissued a "buy" rating and set a $260.00 target price on shares of SAP in a research note on Tuesday, September 22nd. Wells Fargo & Company restated an "overweight" rating on shares of SAP in a research note on Wednesday, August 12th. Finally, BMO Capital Markets increased their price target on SAP from $177.00 to $235.00 and gave the stock an "outperform" rating in a research report on Thursday.

SAP Price Performance

NYSE:SAP opened at $214.85 on Friday. The firm's fifty day moving average is $210.70 and its two-hundred day moving average is $183.27. The firm has a market cap of $263.94 billion, a price-to-earnings ratio of 26.99, a PEG ratio of 2.50 and a beta of 1.13. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.15 and a current ratio of 1.15. SAP has a one year low of $144.97 and a one year high of $281.36.

SAP (NYSE:SAP - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The software maker reported $1.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.18). The company had revenue of $11.27 billion during the quarter, compared to analyst estimates of $11.30 billion. SAP had a net margin of 20.88% and a return on equity of 17.07%. The business's quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the firm earned $1.50 EPS. Research analysts expect that SAP will post 8.14 EPS for the current year.

Hedge Funds Weigh In On SAP

Large investors have recently added to or reduced their stakes in the stock. Bayban purchased a new stake in shares of SAP during the fourth quarter worth about $28,000. Continuum Advisory LLC acquired a new stake in SAP in the 2nd quarter worth about $31,000. Front Row Advisors LLC raised its holdings in shares of SAP by 362.5% during the first quarter. Front Row Advisors LLC now owns 185 shares of the software maker's stock valued at $32,000 after acquiring an additional 145 shares during the last quarter. Markowski Investments purchased a new position in shares of SAP in the second quarter valued at approximately $41,000. Finally, MidFirst Bank acquired a new stake in shares of SAP in the fourth quarter worth approximately $46,000.

SAP Company Profile

SAP SE is a German enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM employees, SAP develops technology that helps organizations manage finance, procurement, supply chains, human resources, customer relationships and other core business operations.

The company's principal offerings include SAP S/4HANA Cloud enterprise resource planning software, the SAP Business Technology Platform, and cloud applications such as SAP SuccessFactors for human capital management, SAP Ariba for procurement, SAP Concur for travel and expense management, and SAP Customer Experience solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.