According to Bloomberg Ratings, the 19 analysts that track this company and rate its stock have given shares of SAP SE (NYSE:SAP) a recommendation of “Hold” on average. These analysts follow this company and rate its stock. Two research analysts have suggested selling the stock, six research analysts have suggested holding onto the stock, and seven industry experts have suggested purchasing the stock. The average price target for the stock that has been established by analysts who have updated their coverage of the stock within the past year is $112 per share, and this price target will be in effect for the stock for the next twelve months.
Many different research companies have provided their opinions on SAP over the years. Stifel Nicolaus increased their price objective for SAP shares in a research note that was published on Friday, December 2. The new price objective is €135.00 ($143.62), up from €130.00 ($138.30). In addition to this, they upgraded the rating that they had previously given the stock to “strong buy” from “buy.” Cowen stated their intention to lower their price objective on SAP shares from $107.00 to $106.00 in a research note that was published on Wednesday, October 26th. Jefferies Financial Group changed its recommendation for SAP from a “buy” rating to an “underperform” rating in a research report that was published on November 17th. Cowen stated their intention to reduce their target price for SAP from $107.00 to $106.00 in a research note that was published on Wednesday, October 26th. In a research report that was published on the 6th of December, Oddo Bhf lowered its rating on SAP from “neutral” to “underperform.”
The most recent modifications that significant investors have made to their SAP holdings include both gains and losses.
JPMorgan Chase & Co. increased the proportion of SAP shares it owned by a total of 364.7% over the course of the first quarter. Following the acquisition of an additional 88,881 shares during the most recent quarter, JPMorgan Chase & Co. now holds a total of 113,250 shares of the software developer’s stock in its portfolio. These 113,250 shares of stock are worth a total of $12,567,000 owned by a total of 364.7% over the course of the first quarter. Following the acquisition of an additional 88,881 shares during the most recent quarter, JPMorgan Chase & Co. now holds a total of 113,250 shares of the software developer’s stock in its portfolio. These 113,250 shares of stock are worth a total of $12,567,000. During the first three months of this year, the Bank of New York Mellon Corporation increased the amount of SAP stock that it owned by 3.6%, bringing its total ownership percentage to 100%. After making additional purchases totaling 14,229 shares during the most recent quarter, Bank of New York Mellon Corp. now owns a total of 410,827 shares of the software maker’s stock, which are worth a combined total of $45,587,000. American Century Companies Inc. increased the amount of SAP stock that it owned by a total of 6.0% during the first three months of the year. American Century Companies Inc. now has a total of 21,703 shares of the software maker’s stock after purchasing an additional 1,229 shares during the most recent quarter. The company’s stock is currently valued at a combined total of $2,408,000 due to the combined value of all of the company’s 21,703 shares. Blueshift Asset Management LLC invested approximately $370,000 in the purchase of additional SAP shares during the first three months of 2018. And finally, during the first three months of this year, HighTower Advisors LLC increased the amount of SAP stock it held by 9.9%. HighTower Advisors LLC is the current owner of 54,352 shares of the software manufacturer’s stock, which have a combined value of $6,001,000. As a result of this, the total number of shares held by the company increased by 4,888 during the most recent fiscal quarter. At this point in time, institutions hold control over 5.23 percent of the total outstanding stock.
SAP’s stock began trading for the first time on Wednesday at a price of $103.34 per share. The moving average for the company over the past fifty days is $103.72, and the moving average over the past 200 days is $94.01. The 52-week trading range for SAP’s stock is $78.22 lower than its highest point, which is $141.68 higher, and $78.22 higher than its lowest point. There is a debt-to-equity ratio of 0.21, a quick ratio of 1.03, a current ratio of 1.03, and a quick ratio of 1.03 in this financial statement. The market value of the company is $121.90 billion; it has a PE ratio of 34.45, a price-to-earnings-growth ratio of 6.58, and a beta value of 1.13, all of which indicate that purchasing shares of the company would be a profitable investment. Furthermore, the company has a beta value that is positive.
On Tuesday, October 25, SAP (NYSE:SAP) shared information regarding its most recent quarterly results release with the public. The quarterly report of the software company revealed earnings per share of $0.66, which fell short of the consensus estimate of $0.78 by ($0.12). However, the actual revenue that the company brought in for the quarter was $7.90 billion, which is significantly higher than the $7.48 billion that analysts predicted it would bring in for the period. During the course of the year, SAP was able to achieve a return on equity of 7.82% as well as a net margin of 10.71%. Sell-side analysts anticipate that SAP will earn $2.82 per share in the current fiscal year, which ends on September 30.
Enterprise application software is provided by SAP SE and its subsidiaries, which is an example of a multinational company that operates in this industry. In addition to services, the business is structured with two additional divisions, namely applications and Qualtrics, which are responsible for providing technology and support. It provides SAP SuccessFactors Human Experience Management, which is a suite of cloud-based solutions such as a human resources management system for core HR and payroll, talent management, employee experience management, and people analytics; SAP S/4HANA, which is a suite of enterprise resource planning software that includes intelligent technologies such as artificial intelligence, machine learning, and advanced analytics; and intelligent spend management solutions, which include petty cash management and expense reporting.