SAP SE (NYSE:SAP) has been assigned an average recommendation of “Hold” from the seventeen ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $129.50.
A number of equities research analysts have recently commented on SAP shares. Oppenheimer reissued an “outperform” rating and issued a $150.00 target price (up from $141.00) on shares of SAP in a research note on Wednesday, November 13th. ValuEngine lowered SAP from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $140.00 price target on shares of SAP in a research report on Monday, October 21st. Finally, DZ Bank reiterated a “buy” rating on shares of SAP in a research note on Friday, October 11th.
Large investors have recently made changes to their positions in the company. Sonora Investment Management LLC grew its position in SAP by 38.5% in the 3rd quarter. Sonora Investment Management LLC now owns 313 shares of the software maker’s stock worth $37,000 after purchasing an additional 87 shares during the period. Enterprise Financial Services Corp boosted its stake in shares of SAP by 18.7% in the 2nd quarter. Enterprise Financial Services Corp now owns 583 shares of the software maker’s stock worth $80,000 after buying an additional 92 shares during the last quarter. Coastal Investment Advisors Inc. grew its holdings in shares of SAP by 44.2% in the second quarter. Coastal Investment Advisors Inc. now owns 300 shares of the software maker’s stock worth $42,000 after acquiring an additional 92 shares during the period. Landsberg Bennett & Dubbaneh LLC grew its holdings in shares of SAP by 0.9% in the third quarter. Landsberg Bennett & Dubbaneh LLC now owns 11,243 shares of the software maker’s stock worth $1,320,000 after acquiring an additional 97 shares during the period. Finally, CWM LLC increased its position in SAP by 46.4% during the third quarter. CWM LLC now owns 328 shares of the software maker’s stock valued at $39,000 after acquiring an additional 104 shares during the last quarter. 4.86% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE SAP traded up $1.32 on Friday, reaching $135.54. 354,593 shares of the company’s stock traded hands, compared to its average volume of 766,626. SAP has a 12 month low of $94.81 and a 12 month high of $140.62. The business’s 50 day simple moving average is $133.52 and its two-hundred day simple moving average is $127.06. The company has a market cap of $162.27 billion, a price-to-earnings ratio of 29.92, a price-to-earnings-growth ratio of 2.95 and a beta of 1.11. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.45.
SAP (NYSE:SAP) last issued its quarterly earnings results on Monday, October 21st. The software maker reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.19. SAP had a return on equity of 16.12% and a net margin of 12.62%. The firm had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.78 billion. During the same period in the previous year, the firm posted $1.14 EPS. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. Analysts forecast that SAP will post 4.46 earnings per share for the current fiscal year.
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.
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