SAP SE (NYSE:SAP) Given Consensus Rating of "Buy" by Analysts

Key Points

• SAP SE has received a consensus recommendation of "Buy" from analysts, with eleven rating it as a buy and one as a strong buy, suggesting positive market sentiment.
• The average twelve-month price target for SAP stock among analysts is $281.67, indicating potential growth opportunities for investors.
• In its latest earnings report, SAP surpassed estimates with $1.70 EPS and $10.58 billion in revenue, reflecting an 8.9% year-over-year revenue increase.

SAP SE (NYSE:SAP - Get Free Report) has been given a consensus recommendation of "Buy" by the twelve ratings firms that are presently covering the company, MarketBeat reports. Eleven analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $281.6667.

Several research analysts have issued reports on the company. Jefferies Financial Group reissued a "buy" rating on shares of SAP in a research report on Friday, May 2nd. Piper Sandler assumed coverage on SAP in a research report on Tuesday, June 17th. They issued an "overweight" rating on the stock. Argus reissued a "buy" rating and issued a $320.00 target price on shares of SAP in a research report on Tuesday, April 29th. UBS Group raised SAP to a "strong-buy" rating in a research report on Friday, May 30th. Finally, BMO Capital Markets raised their target price on SAP from $320.00 to $330.00 and gave the stock an "outperform" rating in a research report on Friday, May 23rd.

SAP Price Performance

NYSE SAP opened at $292.03 on Monday. SAP has a one year low of $205.51 and a one year high of $313.28. The stock has a 50-day moving average of $298.00 and a 200 day moving average of $285.09. The company has a market capitalization of $358.76 billion, a price-to-earnings ratio of 48.35, a PEG ratio of 4.20 and a beta of 1.27. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.03 and a current ratio of 1.03.

SAP (NYSE:SAP - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The software maker reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.07. The business had revenue of $10.58 billion for the quarter, compared to analysts' expectations of $9.10 billion. SAP had a return on equity of 14.84% and a net margin of 18.26%. The business's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period last year, the firm posted $1.10 earnings per share. On average, sell-side analysts forecast that SAP will post 6.55 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bartlett & CO. Wealth Management LLC lifted its position in shares of SAP by 585.7% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 96 shares of the software maker's stock valued at $26,000 after buying an additional 82 shares in the last quarter. Creative Financial Designs Inc. ADV raised its stake in SAP by 153.5% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 109 shares of the software maker's stock valued at $29,000 after purchasing an additional 66 shares during the period. Vermillion Wealth Management Inc. bought a new stake in SAP during the 2nd quarter valued at approximately $31,000. Founders Capital Management raised its stake in SAP by 133.9% during the 1st quarter. Founders Capital Management now owns 131 shares of the software maker's stock valued at $35,000 after purchasing an additional 75 shares during the period. Finally, Motco raised its stake in SAP by 400.0% during the 2nd quarter. Motco now owns 125 shares of the software maker's stock valued at $36,000 after purchasing an additional 100 shares during the period.

SAP Company Profile

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.

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