SAP (NYSE:SAP) Hits New 1-Year Low – Should You Sell?

SAP SE (NYSE:SAP)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $149.06 and last traded at $151.3940, with a volume of 448723 shares changing hands. The stock had previously closed at $152.75.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SAP. Barclays raised their price target on shares of SAP from $256.00 to $257.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Piper Sandler downgraded SAP from an “overweight” rating to a “neutral” rating in a research note on Tuesday, April 14th. TD Cowen reissued a “buy” rating on shares of SAP in a report on Thursday, May 14th. Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of SAP in a report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $283.40.

SAP Price Performance

The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11. The firm’s fifty day moving average price is $172.08 and its two-hundred day moving average price is $197.54. The stock has a market capitalization of $185.50 billion, a PE ratio of 20.39, a PEG ratio of 1.75 and a beta of 1.12.

SAP (NYSE:SAP) last issued its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. The company had revenue of $11.06 billion for the quarter. On average, equities analysts predict that SAP SE will post 8.36 earnings per share for the current year.

SAP Increases Dividend

The company also recently declared an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were issued a dividend of $2.9291 per share. This represents a dividend yield of 170.0%. The ex-dividend date of this dividend was Tuesday, May 5th. This is a positive change from SAP’s previous annual dividend of $2.54. SAP’s payout ratio is currently 28.92%.

Institutional Trading of SAP

Several large investors have recently modified their holdings of the company. Dara Capital US Inc. purchased a new stake in SAP during the fourth quarter valued at approximately $3,342,000. CIBC Bancorp USA Inc. purchased a new position in shares of SAP during the 3rd quarter worth $32,760,000. Dash Acquisitions Inc. boosted its stake in shares of SAP by 8.7% during the 4th quarter. Dash Acquisitions Inc. now owns 78,880 shares of the software maker’s stock worth $19,161,000 after acquiring an additional 6,315 shares during the last quarter. Natixis Advisors LLC grew its position in shares of SAP by 2.3% during the 3rd quarter. Natixis Advisors LLC now owns 415,087 shares of the software maker’s stock valued at $110,915,000 after acquiring an additional 9,195 shares during the period. Finally, Fisher Asset Management LLC grew its position in shares of SAP by 2.8% during the 3rd quarter. Fisher Asset Management LLC now owns 14,549,331 shares of the software maker’s stock valued at $3,887,727,000 after acquiring an additional 392,010 shares during the period.

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.