SAP SE (NYSE:SAP) Receives Consensus Rating of “Buy” from Analysts

Shares of SAP SE (NYSE:SAP) have received a consensus rating of “Buy” from the ten brokerages that are covering the stock, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $263.17.

Several research analysts have commented on the company. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Barclays raised their price objective on SAP from $252.00 to $275.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. BMO Capital Markets raised their price objective on SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. JMP Securities raised their price objective on SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a report on Tuesday, October 22nd. Finally, TD Cowen raised SAP from a “hold” rating to a “buy” rating and increased their target price for the company from $240.00 to $305.00 in a research report on Friday, January 17th.

SAP Trading Up 1.3 %

Shares of NYSE SAP opened at $272.91 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.10 and a current ratio of 1.10. The business’s 50 day moving average price is $246.91 and its 200-day moving average price is $229.16. SAP has a fifty-two week low of $161.07 and a fifty-two week high of $275.10. The company has a market cap of $335.27 billion, a price-to-earnings ratio of 109.16, a PEG ratio of 3.72 and a beta of 1.22.

SAP (NYSE:SAP) last released its quarterly earnings data on Monday, October 21st. The software maker reported $1.23 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.08). The firm had revenue of $8.47 billion for the quarter, compared to analysts’ expectations of $9.25 billion. SAP had a return on equity of 11.44% and a net margin of 8.15%. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.20 earnings per share. On average, sell-side analysts expect that SAP will post 4.66 earnings per share for the current year.

Institutional Trading of SAP

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SAP. Godsey & Gibb Inc. acquired a new stake in SAP during the 3rd quarter worth about $25,000. Union Bancaire Privee UBP SA purchased a new position in shares of SAP during the 4th quarter valued at about $27,000. Albion Financial Group UT raised its stake in shares of SAP by 122.4% during the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after buying an additional 71 shares during the last quarter. Brooklyn Investment Group purchased a new position in shares of SAP during the 3rd quarter valued at about $42,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of SAP during the 3rd quarter valued at about $47,000.

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.