SAP (SAP) Set to Announce Quarterly Earnings on Monday

SAP (NYSE:SAP) will announce its earnings results after the market closes on Monday, July 22nd. Analysts expect the company to announce earnings of $1.01 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

SAP (NYSE:SAP) last announced its quarterly earnings data on Monday, April 22nd. The software maker reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.06). The firm had revenue of $8.73 billion during the quarter, compared to analysts’ expectations of $8.73 billion. SAP had a net margin of 15.76% and a return on equity of 9.79%. On average, analysts expect SAP to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

SAP Price Performance

SAP stock opened at $197.21 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.18. The company has a fifty day simple moving average of $194.70 and a 200-day simple moving average of $185.46. SAP has a 12-month low of $126.75 and a 12-month high of $206.34.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on SAP shares. Sanford C. Bernstein initiated coverage on SAP in a research note on Thursday, May 23rd. They set an “outperform” rating and a $227.00 target price for the company. StockNews.com downgraded shares of SAP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. Barclays decreased their price objective on shares of SAP from $212.00 to $210.00 and set an “overweight” rating for the company in a research note on Wednesday, April 24th. JMP Securities lifted their target price on SAP from $204.00 to $220.00 and gave the stock a “market outperform” rating in a research report on Tuesday, April 23rd. Finally, BMO Capital Markets raised SAP from a “market perform” rating to an “outperform” rating and upped their target price for the company from $218.00 to $237.00 in a research report on Friday, June 28th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, SAP currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.20.

SAP Company Profile

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.