SAP (SAP) to Release Quarterly Earnings on Tuesday

SAP (NYSE:SAP) will likely be announcing its earnings results after the market closes on Tuesday, April 22nd. Analysts expect the company to announce earnings of $1.39 per share and revenue of $9.08 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

SAP (NYSE:SAP) last released its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. On average, analysts expect SAP to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SAP Stock Performance

NYSE:SAP opened at $257.02 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The firm has a market cap of $315.75 billion, a price-to-earnings ratio of 89.55, a price-to-earnings-growth ratio of 4.71 and a beta of 1.28. The firm’s fifty day moving average price is $270.47 and its 200 day moving average price is $255.57. SAP has a 1-year low of $176.14 and a 1-year high of $293.70.

SAP Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be issued a $2.5423 dividend. This is an increase from SAP’s previous annual dividend of $2.39. The ex-dividend date is Tuesday, May 13th. This represents a dividend yield of 0.8%. SAP’s payout ratio is presently 64.11%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on SAP shares. BMO Capital Markets reduced their price objective on shares of SAP from $307.00 to $300.00 and set an “outperform” rating for the company in a research report on Wednesday, April 16th. JMP Securities lifted their price target on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research note on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $38.00 target price on shares of SAP in a report on Thursday, January 30th. Barclays upped their price target on shares of SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Finally, Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, SAP currently has an average rating of “Buy” and a consensus target price of $247.67.

Institutional Investors Weigh In On SAP

A hedge fund recently raised its stake in SAP stock. Brighton Jones LLC increased its stake in shares of SAP SE (NYSE:SAP) by 91.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,633 shares of the software maker’s stock after purchasing an additional 1,255 shares during the period. Brighton Jones LLC’s holdings in SAP were worth $648,000 as of its most recent SEC filing.

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.