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.
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.
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.
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