SAP SE (NYSE:SAP) Receives $125.63 Consensus PT from Analysts

SAP SE (NYSE:SAP) has been assigned an average recommendation of “Hold” from the seventeen brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $125.63.

Several analysts have weighed in on SAP shares. Jefferies Financial Group started coverage on shares of SAP in a research note on Monday, July 22nd. They set a “buy” rating on the stock. DZ Bank reissued a “buy” rating on shares of SAP in a research note on Thursday, July 18th. ValuEngine raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, April 24th. Argus reissued a “buy” rating on shares of SAP in a research note on Wednesday, May 1st. Finally, HSBC raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Monday, June 17th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings in SAP by 3.6% in the second quarter. Fisher Asset Management LLC now owns 7,412,071 shares of the software maker’s stock valued at $1,013,971,000 after buying an additional 256,923 shares during the period. FMR LLC lifted its holdings in SAP by 6.8% in the first quarter. FMR LLC now owns 3,755,933 shares of the software maker’s stock valued at $433,659,000 after buying an additional 240,014 shares during the period. GQG Partners LLC lifted its holdings in SAP by 12.2% in the first quarter. GQG Partners LLC now owns 2,489,791 shares of the software maker’s stock valued at $287,266,000 after buying an additional 270,941 shares during the period. Lazard Asset Management LLC lifted its holdings in SAP by 326.9% in the first quarter. Lazard Asset Management LLC now owns 1,765,545 shares of the software maker’s stock valued at $203,849,000 after buying an additional 1,351,984 shares during the period. Finally, Cambiar Investors LLC lifted its holdings in SAP by 5.6% in the first quarter. Cambiar Investors LLC now owns 1,741,156 shares of the software maker’s stock valued at $201,034,000 after buying an additional 92,519 shares during the period. 4.84% of the stock is currently owned by institutional investors and hedge funds.

SAP stock traded down $1.39 during trading hours on Friday, hitting $121.68. 656,803 shares of the stock were exchanged, compared to its average volume of 764,944. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $151.14 billion, a PE ratio of 26.86, a P/E/G ratio of 2.73 and a beta of 1.08. SAP has a 12 month low of $94.81 and a 12 month high of $140.62. The stock has a 50-day moving average of $132.08.

SAP (NYSE:SAP) last issued its quarterly earnings data on Thursday, July 18th. The software maker reported $1.09 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.09. The firm had revenue of $6.66 billion for the quarter, compared to analysts’ expectations of $6.71 billion. SAP had a net margin of 11.95% and a return on equity of 15.39%. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.98 earnings per share. As a group, sell-side analysts expect that SAP will post 4.28 EPS for the current year.

SAP Company Profile

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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