SAP (NYSE:SAP) Hits New 1-Year Low - Time to Sell?

Key Points

• Shares of SAP hit a new 52-week low, trading as low as $163.28 and last at $160.83 on elevated volume, and the stock sits well below its 50‑day ($191.01) and 200‑day ($230.40) moving averages.
• Analyst views are mixed: the consensus rating is "Moderate Buy" with a consensus price target of $305.75, despite several recent downgrades and some continued buy/overweight calls.
• SAP recently beat estimates (EPS $1.90 vs. $1.77; revenue $11.36B vs. $9.77B), has a market cap near $199.85B, and sell‑side forecasts expect about 6.55 EPS for the current fiscal year.

Shares of SAP SE (NYSE:SAP - Get Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as $163.28 and last traded at $160.8340, with a volume of 465431 shares changing hands. The stock had previously closed at $169.18.

Analysts Set New Price Targets

Several analysts recently commented on the company. Barclays set a $283.00 target price on SAP in a report on Monday, February 2nd. Wall Street Zen cut SAP from a "buy" rating to a "hold" rating in a report on Tuesday, February 24th. Zacks Research cut SAP from a "strong-buy" rating to a "hold" rating in a report on Thursday, March 5th. TD Cowen reiterated a "buy" rating on shares of SAP in a report on Wednesday, March 18th. Finally, Piper Sandler initiated coverage on SAP in a report on Tuesday, February 3rd. They set an "overweight" rating on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, SAP presently has an average rating of "Moderate Buy" and a consensus price target of $305.75.

SAP Price Performance

The stock has a market capitalization of $199.85 billion, a P/E ratio of 23.04, a PEG ratio of 1.94 and a beta of 1.24. The business has a fifty day simple moving average of $191.01 and a 200-day simple moving average of $230.40. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.16 and a current ratio of 1.16.

SAP (NYSE:SAP - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The software maker reported $1.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.77 by $0.13. The firm had revenue of $11.36 billion for the quarter, compared to analysts' expectations of $9.77 billion. SAP had a return on equity of 16.54% and a net margin of 19.92%.The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.40 EPS. Sell-side analysts expect that SAP SE will post 6.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SAP

A number of large investors have recently modified their holdings of the company. CX Institutional lifted its holdings in shares of SAP by 2.0% in the 3rd quarter. CX Institutional now owns 1,961 shares of the software maker's stock worth $524,000 after purchasing an additional 38 shares in the last quarter. Kathmere Capital Management LLC lifted its holdings in shares of SAP by 1.0% in the 3rd quarter. Kathmere Capital Management LLC now owns 4,019 shares of the software maker's stock worth $1,074,000 after purchasing an additional 40 shares in the last quarter. Binnacle Investments Inc lifted its holdings in shares of SAP by 14.2% in the 3rd quarter. Binnacle Investments Inc now owns 338 shares of the software maker's stock worth $90,000 after purchasing an additional 42 shares in the last quarter. Certuity LLC lifted its holdings in shares of SAP by 2.4% in the 2nd quarter. Certuity LLC now owns 1,866 shares of the software maker's stock worth $568,000 after purchasing an additional 43 shares in the last quarter. Finally, Spire Wealth Management lifted its holdings in shares of SAP by 6.2% in the 4th quarter. Spire Wealth Management now owns 740 shares of the software maker's stock worth $180,000 after purchasing an additional 43 shares in the last quarter.

SAP Company Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company's name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP's product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.

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