SAP SE (NYSE:SAP) Receives $264.00 Average PT from Analysts

SAP SE (NYSE:SAP - Get Free Report) has been given an average recommendation of "Buy" by the nine research firms that are currently covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a buy recommendation. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $264.00.

Several equities research analysts have weighed in on the stock. Royal Bank of Canada restated an "outperform" rating and issued a $38.00 price objective on shares of SAP in a research report on Thursday, January 30th. JMP Securities raised their price target on shares of SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a report on Wednesday, January 29th. Argus reaffirmed a "buy" rating and set a $320.00 price objective on shares of SAP in a report on Tuesday, April 29th. BMO Capital Markets boosted their target price on SAP from $300.00 to $320.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 23rd. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of SAP in a research report on Friday.

SAP Price Performance

SAP stock traded down $4.85 during trading hours on Friday, hitting $297.78. 1,161,016 shares of the stock were exchanged, compared to its average volume of 1,024,429. SAP has a 12 month low of $179.43 and a 12 month high of $307.03. The business's 50-day moving average is $268.76 and its two-hundred day moving average is $259.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The stock has a market capitalization of $365.83 billion, a P/E ratio of 103.76, a P/E/G ratio of 4.71 and a beta of 1.35.

SAP (NYSE:SAP - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The software maker reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.12. The firm had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $9.08 billion. SAP had a return on equity of 12.18% and a net margin of 9.17%. Equities research analysts expect that SAP will post 6.55 EPS for the current fiscal year.

SAP Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be paid a $2.5423 dividend. This represents a yield of 0.8%. This is a boost from SAP's previous annual dividend of $2.39. The ex-dividend date is Tuesday, May 13th. SAP's payout ratio is presently 35.25%.

Institutional Investors Weigh In On SAP

Several large investors have recently made changes to their positions in the stock. Fisher Asset Management LLC increased its holdings in SAP by 8.6% during the 4th quarter. Fisher Asset Management LLC now owns 5,118,138 shares of the software maker's stock worth $1,260,137,000 after purchasing an additional 403,956 shares in the last quarter. TD Asset Management Inc. grew its holdings in shares of SAP by 125.0% during the fourth quarter. TD Asset Management Inc. now owns 1,602,548 shares of the software maker's stock worth $394,563,000 after buying an additional 890,157 shares in the last quarter. Northern Trust Corp raised its position in SAP by 91.2% in the 4th quarter. Northern Trust Corp now owns 1,471,798 shares of the software maker's stock valued at $362,371,000 after buying an additional 701,880 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in SAP by 145.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,346,506 shares of the software maker's stock valued at $331,523,000 after acquiring an additional 798,037 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in SAP by 5.7% during the 4th quarter. Bank of America Corp DE now owns 1,314,814 shares of the software maker's stock worth $323,720,000 after acquiring an additional 70,613 shares during the last quarter.

About SAP

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.