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Analysts have given SAP SE (NYSE:SAP) a consensus rating of “Hold.”

by Roberto Liccardo
January 24, 2023
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As reported by Bloomberg, all eighteen rating agencies that are presently covering SAP SE have provided the company’s stock with a “hold” recommendation. This evaluation is the result of group deliberation. Eight of the equity research analysts have given the company a recommendation to buy its stock; six of the analysts have given the company a recommendation to hold its shares; and two of the analysts have given the company a recommendation to sell its shares. The average one-year target price for the company that has been provided by analysts who have written research on it in the preceding year is $113.36. This price has been provided by analysts who have written research on it in the preceding year.

Just recently, a number of researchers and analysts in the industry presented their findings on the SAP stock that they have been following. Stifel Nicolaus upgraded their rating of SAP from “buy” to “strong buy” and raised their target price from €130.00 ($141.30) to €135.00 ($146.74) in a research report that was published on Friday, December 2. In a research note that was released by JPMorgan Chase & Co. on October 21, the company indicated that it had upgraded SAP from a rating of “neutral” to “overweight.” Morgan Stanley lowered its price objective for SAP from €122.00 ($132.61) to €115.00 ($125.00) and maintained its “overweight” rating for the company’s stock, which was announced in a research note that was published on Friday, October 14. In a research report that was published on Monday, January 2, the rating for SAP’s stock at StockNews.com was changed from “hold” to “buy.” The previous rating was “hold.” In a research note that was published on November 21 by Barclays, the company announced that it had finally upgraded SAP from “equal weight” to “overweight.” Additionally, they increased their price objective for the stock from $106.00 to $136.00, moving it up from its previous level.

Stocks and shares that are traded on the NYSE:

On Friday, trading for SAP shares got underway at a price of $117.12 per share. The current price of SAP represents a 52-week low of $78.22, while the current price of SAP represents a 52-week high of $137.84. The debt-to-equity ratio is calculated to be 0.21, the quick ratio is calculated to be 1.03, and the current ratio is also calculated to be 1.03 when taken as a whole. A beta value of 1.13, a price-to-earnings ratio of 39.04, and a price-to-earnings-growth ratio of 1.50 are some additional financial measures that have been taken into consideration. These are the statistics that pertain to the company. The company is currently valued at a total of $138.15 billion on the market. The current price of SAP represents a 52-week low of $78.22, while the current price of SAP represents a 52-week high of $137.84. The debt-to-equity ratio is calculated to be 0.21, the quick ratio is calculated to be 1.03, and the current ratio is also calculated to be 1.03 when taken as a whole. A beta value of 1.13, a price-to-earnings ratio of 39.04, and a price-to-earnings-growth ratio of 1.50 are some additional financial measures that have been taken into consideration. These figures pertain to the corporation. The company is currently valued at a total of $138.15 billion on the market. The moving average for the company over the past 50 days is $109.03, while the moving average over the past 200 days is $96.24.

On October 25, shareholders of SAP (NYSE:SAP) were given access to the company’s most recent earnings report. Earnings per share for the quarter for the software company came in at $0.66, which was $0.12 less than the $0.78 that analysts had anticipated. The company’s revenue came in at $7.90 billion for the quarter, which is significantly higher than the average prediction of $7.48 billion made by financial analysts. SAP had a return on equity of 7.82 percent, while the net margin for the company was 10.71 percent. The analysts polled by Thomson Reuters forecast that SAP will generate earnings of 2.87 cents per share during the forthcoming fiscal year.

Recently, a number of hedge funds and institutional investors have either increased their holdings in the stock or reduced the amount that they have invested in it. Pendal Group Ltd. established a new investment in SAP during the course of the second quarter, which resulted in a total transaction value of approximately $174,257,000. During the first three months of 2018, Capital International Investors was able to amass 58.2% more of a stake in SAP through the acquisition of additional shares. At the moment, Capital International Investors is the owner of a total of 4,700,206 shares of the software developer’s stock. The total value of these holdings is $524,270,000. This is a result of the purchase of an additional 1,729,492 shares during the aforementioned time period. In the second quarter, Clearbridge Investments LLC made a 3,004.6% increase in the amount of SAP stock that it owned, bringing its total percentage of ownership to Clearbridge Investments LLC now has a total of 1,375,062 shares of the software maker’s stock, which are currently valued at $124,746,000 after the company purchased an additional 1,330,771 shares during the period in question. Arrowstreet Capital Limited Partnership was successful in boosting its ownership of SAP by 230.9% during the first three months of 2018. There are a total of 1,389,447 shares of the software developer’s stock that are owned by Arrowstreet Capital Limited Partnership at this time. These shares have a value of $154,173,000. During the course of the year, an additional 969,505 shares were purchased, which allowed for the successful completion of this goal. Not to mention, during the course of the third quarter, Balyasny Asset Management LLC purchased a new investment in SAP that was valued at approximately $74,919,000. 5.23 percent of the company’s shares are held by hedge funds and other types of institutional investors at present.

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.

Tags: SAP, Analyst Rating
Roberto Liccardo

Roberto Liccardo

Financial and marketing expert at Entrepreneur.com, covering finance, sales and marketing strategies. Proudly wearing 15 years of direct and managerial experience in intensive Digital Marketing and Financial Analytics.

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