SAP SE (SAP) Expected to Post Earnings of $1.27 Per Share

Share on StockTwits

Equities research analysts forecast that SAP SE (NYSE:SAP) will announce earnings of $1.27 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for SAP’s earnings. The highest EPS estimate is $1.30 and the lowest is $1.21. SAP reported earnings of $1.19 per share during the same quarter last year, which suggests a positive year over year growth rate of 6.7%. The business is scheduled to announce its next quarterly earnings report on Thursday, October 18th.

On average, analysts expect that SAP will report full year earnings of $5.09 per share for the current fiscal year, with EPS estimates ranging from $5.01 to $5.17. For the next financial year, analysts anticipate that the firm will report earnings of $5.67 per share, with EPS estimates ranging from $5.44 to $5.88. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow SAP.

SAP (NYSE:SAP) last announced its quarterly earnings data on Thursday, July 19th. The software maker reported $0.98 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.98. The company had revenue of $6 billion during the quarter, compared to the consensus estimate of $5.90 billion. SAP had a net margin of 17.92% and a return on equity of 18.07%. SAP’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.94 EPS.

A number of brokerages have commented on SAP. Zacks Investment Research upgraded shares of SAP from a “sell” rating to a “hold” rating in a research report on Wednesday, September 12th. DZ Bank restated a “buy” rating on shares of SAP in a research report on Wednesday, June 27th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of SAP in a report on Monday. ValuEngine upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Tuesday, July 10th. Finally, Oppenheimer increased their price target on shares of SAP from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Wednesday, July 18th. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $113.70.

Several institutional investors and hedge funds have recently made changes to their positions in SAP. Signature Estate & Investment Advisors LLC purchased a new position in shares of SAP in the 2nd quarter valued at about $102,000. Vigilant Capital Management LLC purchased a new position in shares of SAP in the 2nd quarter valued at about $149,000. Icon Wealth Partners LLC increased its holdings in shares of SAP by 35.2% in the 1st quarter. Icon Wealth Partners LLC now owns 1,796 shares of the software maker’s stock valued at $189,000 after purchasing an additional 468 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in shares of SAP by 11,404.8% in the 1st quarter. Summit Trail Advisors LLC now owns 190,750 shares of the software maker’s stock valued at $191,000 after purchasing an additional 189,092 shares in the last quarter. Finally, BSW Wealth Partners purchased a new position in shares of SAP in the 2nd quarter valued at about $200,000. Institutional investors and hedge funds own 4.53% of the company’s stock.

SAP stock traded up $0.64 during trading hours on Thursday, reaching $120.13. 835,500 shares of the stock were exchanged, compared to its average volume of 952,753. The company has a market cap of $147.76 billion, a P/E ratio of 28.00, a PEG ratio of 3.74 and a beta of 1.22. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.00 and a current ratio of 1.00. SAP has a 52-week low of $99.20 and a 52-week high of $122.74.

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

Recommended Story: Google Finance

Get a free copy of the Zacks research report on SAP (SAP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.