SAP SE (NYSE:SAP) Given Consensus Rating of “Moderate Buy” by Analysts

SAP SE (NYSE:SAPGet Free Report) has been given a consensus rating of “Moderate Buy” by the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $216.40.

A number of equities research analysts have weighed in on the company. StockNews.com downgraded SAP from a “strong-buy” rating to a “buy” rating in a report on Thursday, April 18th. Barclays cut their price objective on SAP from $212.00 to $210.00 and set an “overweight” rating on the stock in a report on Wednesday, April 24th. BMO Capital Markets raised their price objective on SAP from $215.00 to $218.00 and gave the company a “market perform” rating in a report on Friday, April 26th. JMP Securities raised their price objective on SAP from $204.00 to $220.00 and gave the company a “market outperform” rating in a report on Tuesday, April 23rd. Finally, Sanford C. Bernstein assumed coverage on SAP in a report on Thursday, May 23rd. They set an “outperform” rating and a $227.00 price objective on the stock.

Get Our Latest Research Report on SAP

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SAP. Ameriprise Financial Inc. lifted its holdings in SAP by 213.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,420,255 shares of the software maker’s stock worth $183,507,000 after buying an additional 966,450 shares during the period. Capital International Investors lifted its holdings in SAP by 8.1% during the 4th quarter. Capital International Investors now owns 9,947,613 shares of the software maker’s stock worth $1,537,251,000 after buying an additional 746,386 shares during the period. Lazard Asset Management LLC lifted its holdings in SAP by 19,468.8% during the 3rd quarter. Lazard Asset Management LLC now owns 482,762 shares of the software maker’s stock worth $62,430,000 after buying an additional 480,295 shares during the period. Envestnet Asset Management Inc. raised its position in shares of SAP by 64.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,060,627 shares of the software maker’s stock worth $137,160,000 after acquiring an additional 414,407 shares in the last quarter. Finally, Westfield Capital Management Co. LP bought a new position in shares of SAP in the 1st quarter worth about $58,936,000.

SAP Trading Down 0.7 %

Shares of SAP stock opened at $188.62 on Wednesday. The stock’s fifty day moving average price is $187.47 and its two-hundred day moving average price is $178.58. The company has a market cap of $222.49 billion, a PE ratio of 40.92, a P/E/G ratio of 3.88 and a beta of 1.26. SAP has a fifty-two week low of $126.75 and a fifty-two week high of $199.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.25 and a current ratio of 1.25.

SAP (NYSE:SAPGet Free Report) last issued its earnings results on Monday, April 22nd. The software maker reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.06). The business had revenue of $8.73 billion during the quarter, compared to analyst estimates of $8.73 billion. SAP had a net margin of 15.76% and a return on equity of 9.79%. Equities analysts predict that SAP will post 4.56 EPS for the current fiscal year.

SAP Increases Dividend

The business also recently announced an annual dividend, which was paid on Tuesday, May 28th. Shareholders of record on Friday, May 17th were issued a dividend of $2.3852 per share. The ex-dividend date of this dividend was Thursday, May 16th. This is an increase from SAP’s previous annual dividend of $2.19. This represents a yield of 0.9%. SAP’s payout ratio is presently 37.53%.

About SAP

(Get Free Report

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.

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