Analysts Set SAP SE (NYSE:SAP) Price Target at $128.00


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Shares of SAP SE (NYSE:SAP) have been given a consensus rating of “Hold” by the twenty-six brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $128.00.

Several research analysts have issued reports on SAP shares. DZ Bank reiterated a “buy” rating on shares of SAP in a research report on Friday, January 29th. Societe Generale restated a “buy” rating on shares of SAP in a research report on Friday, April 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of SAP in a research report on Monday, February 1st. UBS Group restated a “neutral” rating on shares of SAP in a research report on Monday. Finally, CIBC upgraded SAP to an “outperformer” rating and raised their price target for the company from $38.00 to $43.00 in a research report on Friday, February 5th.

NYSE:SAP traded up $0.23 during trading hours on Monday, hitting $139.53. The company’s stock had a trading volume of 699,059 shares, compared to its average volume of 1,010,327. The business’s 50-day moving average is $126.62 and its two-hundred day moving average is $128.31. The company has a market capitalization of $171.41 billion, a PE ratio of 30.27, a PEG ratio of 4.33 and a beta of 1.03. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.13 and a current ratio of 1.13. SAP has a 52-week low of $104.64 and a 52-week high of $169.30.

SAP (NYSE:SAP) last released its quarterly earnings data on Thursday, January 28th. The software maker reported $1.69 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.71 by ($0.02). The business had revenue of $7.54 billion during the quarter, compared to analysts’ expectations of $7.44 billion. SAP had a return on equity of 17.39% and a net margin of 17.59%. The company’s revenue was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.82 EPS. As a group, analysts predict that SAP will post 5.31 EPS for the current fiscal year.

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 25th. Shareholders of record on Friday, May 14th will be paid a $2.189 dividend. This represents a yield of 2.1%. This is a positive change from SAP’s previous annual dividend of $1.70. The ex-dividend date of this dividend is Thursday, May 13th. SAP’s dividend payout ratio (DPR) is presently 31.09%.

A number of large investors have recently modified their holdings of SAP. Mitchell Capital Management Co. lifted its stake in shares of SAP by 2.2% in the 4th quarter. Mitchell Capital Management Co. now owns 3,688 shares of the software maker’s stock valued at $481,000 after purchasing an additional 79 shares in the last quarter. Great Valley Advisor Group Inc. lifted its stake in shares of SAP by 4.1% in the 4th quarter. Great Valley Advisor Group Inc. now owns 2,093 shares of the software maker’s stock valued at $273,000 after purchasing an additional 83 shares in the last quarter. Glenmede Trust Co. NA lifted its stake in shares of SAP by 1.1% in the 4th quarter. Glenmede Trust Co. NA now owns 7,886 shares of the software maker’s stock valued at $1,027,000 after purchasing an additional 85 shares in the last quarter. Veriti Management LLC lifted its stake in shares of SAP by 1.6% in the 1st quarter. Veriti Management LLC now owns 5,628 shares of the software maker’s stock valued at $691,000 after purchasing an additional 89 shares in the last quarter. Finally, Glassman Wealth Services lifted its stake in shares of SAP by 13.8% in the 4th quarter. Glassman Wealth Services now owns 740 shares of the software maker’s stock valued at $96,000 after purchasing an additional 90 shares in the last quarter.

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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Analyst Recommendations for SAP (NYSE:SAP)

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