SAP SE (NYSE:SAP - Get Free Report) has earned an average rating of "Moderate Buy" from the twenty-one ratings firms that are covering the firm, Marketbeat reports. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $264.8333.
SAP has been the subject of a number of research reports. Jefferies Financial Group cut shares of SAP from a "strong-buy" rating to a "hold" rating in a report on Friday, July 24th. The Goldman Sachs Group reissued a "buy" rating and set a $265.00 price objective on shares of SAP in a research report on Wednesday, June 10th. Wall Street Zen downgraded SAP from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Santander raised SAP from a "neutral" rating to an "outperform" rating in a research report on Friday, April 24th. Finally, TD Cowen reaffirmed a "buy" rating on shares of SAP in a research note on Friday, July 24th.
View Our Latest Stock Analysis on SAP
SAP Price Performance
SAP stock opened at $216.99 on Friday. The stock has a market capitalization of $266.57 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 2.54 and a beta of 1.12. SAP has a 52-week low of $144.97 and a 52-week high of $281.36. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.15 and a current ratio of 1.15. The stock's 50 day moving average price is $173.12 and its two-hundred day moving average price is $179.48.
SAP (NYSE:SAP - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The software maker reported $1.82 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.18). SAP had a net margin of 20.88% and a return on equity of 17.07%. The company had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $11.30 billion. During the same quarter in the prior year, the firm earned $1.50 EPS. The business's revenue was up 9.4% compared to the same quarter last year. On average, equities analysts predict that SAP will post 8.13 earnings per share for the current year.
Hedge Funds Weigh In On SAP
A number of institutional investors have recently modified their holdings of the company. Banco de Sabadell S.A lifted its holdings in shares of SAP by 5.1% in the 2nd quarter. Banco de Sabadell S.A now owns 8,520 shares of the software maker's stock worth $1,312,000 after purchasing an additional 417 shares in the last quarter. Ironvine Capital Partners LLC acquired a new position in SAP during the second quarter worth $22,216,000. Investors Research Corp lifted its stake in shares of SAP by 5,409.1% in the second quarter. Investors Research Corp now owns 3,030 shares of the software maker's stock valued at $467,000 after buying an additional 2,975 shares in the last quarter. Rehmann Capital Advisory Group lifted its stake in shares of SAP by 2.9% in the second quarter. Rehmann Capital Advisory Group now owns 3,377 shares of the software maker's stock valued at $521,000 after buying an additional 95 shares in the last quarter. Finally, Wedbush Securities Inc. grew its holdings in shares of SAP by 16.7% during the second quarter. Wedbush Securities Inc. now owns 1,987 shares of the software maker's stock valued at $306,000 after buying an additional 285 shares during the last quarter.
About SAP
(
Get Free Report)
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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