SAP SE (SAP) – What Are Analysts Thinking About This Stock?

SAP SE (NYSE:SAP) has received a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $264.57.

SAP has been the topic of several recent analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of SAP in a report on Friday, August 21st. Weiss Ratings raised SAP from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. BMO Capital Markets increased their price target on SAP from $177.00 to $235.00 and gave the stock an “outperform” rating in a report on Thursday. Jefferies Financial Group reissued a “buy” rating and set a $260.00 price objective on shares of SAP in a research report on Tuesday, September 22nd. Finally, Citigroup restated a “buy” rating on shares of SAP in a report on Tuesday, September 22nd.

SAP Trading Up 1.2%

SAP opened at $214.85 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 1.15. The company’s 50 day simple moving average is $210.70 and its two-hundred day simple moving average is $183.27. The firm has a market capitalization of $263.94 billion, a price-to-earnings ratio of 26.99, a price-to-earnings-growth ratio of 2.50 and a beta of 1.13. SAP has a 1-year low of $144.97 and a 1-year high of $281.36.

SAP (NYSE:SAP) last released its quarterly earnings data on Wednesday, July 22nd. The software maker reported $1.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.18). SAP had a return on equity of 17.07% and a net margin of 20.88%. The company had revenue of $11.27 billion for the quarter, compared to analyst estimates of $11.30 billion. During the same period last year, the firm posted $1.50 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Analysts expect that SAP will post 8.14 EPS for the current fiscal year.

Institutional Investors Weigh In On SAP

A number of institutional investors and hedge funds have recently made changes to their positions in SAP. Riversedge Advisors LLC purchased a new position in shares of SAP during the 3rd quarter worth approximately $256,000. Wedmont Private Capital boosted its position in shares of SAP by 25.7% during the third quarter. Wedmont Private Capital now owns 2,052 shares of the software maker’s stock worth $436,000 after buying an additional 420 shares during the period. GAMMA Investing LLC grew its stake in shares of SAP by 31.6% in the third quarter. GAMMA Investing LLC now owns 6,594 shares of the software maker’s stock valued at $1,375,000 after buying an additional 1,585 shares in the last quarter. Apella Capital LLC raised its holdings in shares of SAP by 9.9% in the 3rd quarter. Apella Capital LLC now owns 1,825 shares of the software maker’s stock valued at $384,000 after buying an additional 164 shares during the period. Finally, Avidian Wealth Enterprises LLC acquired a new position in SAP during the 3rd quarter worth about $235,000.

About SAP

SAP SE is a German enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM employees, SAP develops technology that helps organizations manage finance, procurement, supply chains, human resources, customer relationships and other core business operations.

The company’s principal offerings include SAP S/4HANA Cloud enterprise resource planning software, the SAP Business Technology Platform, and cloud applications such as SAP SuccessFactors for human capital management, SAP Ariba for procurement, SAP Concur for travel and expense management, and SAP Customer Experience solutions.