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

SAP SE (NYSE:SAP) has received an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $220.20.

Several research firms have weighed in on SAP. KeyCorp began coverage on shares of SAP in a report on Thursday, March 21st. They issued an “overweight” rating on the stock. JMP Securities boosted their price target on SAP from $204.00 to $220.00 and gave the stock a “market outperform” rating in a research report on Tuesday, April 23rd. BMO Capital Markets upgraded SAP from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $218.00 to $237.00 in a research note on Friday, June 28th. Barclays reduced their target price on shares of SAP from $212.00 to $210.00 and set an “overweight” rating for the company in a research report on Wednesday, April 24th. Finally, Sanford C. Bernstein began coverage on SAP in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $227.00 price target on the stock.

Institutional Trading of SAP

Several hedge funds and other institutional investors have recently made changes to their positions in the company. LRI Investments LLC acquired a new stake in SAP during the 1st quarter valued at approximately $25,000. Northwest Investment Counselors LLC purchased a new stake in SAP in the 1st quarter valued at $25,000. Sunbelt Securities Inc. purchased a new position in SAP during the first quarter worth about $29,000. Geneos Wealth Management Inc. increased its position in shares of SAP by 254.2% during the first quarter. Geneos Wealth Management Inc. now owns 170 shares of the software maker’s stock valued at $33,000 after acquiring an additional 122 shares during the last quarter. Finally, Adirondack Trust Co. grew its position in SAP by 121.1% during the fourth quarter. Adirondack Trust Co. now owns 199 shares of the software maker’s stock valued at $31,000 after buying an additional 109 shares during the period.

SAP Stock Down 0.3 %

Shares of NYSE SAP opened at $201.74 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.18. The company has a market cap of $237.97 billion, a price-to-earnings ratio of 43.76, a price-to-earnings-growth ratio of 4.18 and a beta of 1.25. The firm’s 50-day simple moving average is $193.12 and its 200 day simple moving average is $183.26. SAP has a 12-month low of $126.75 and a 12-month high of $206.08.

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

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.