Shares of SAP SE (NYSE:SAP – Get Free Report) have been given a consensus rating of “Moderate Buy” by the twenty brokerages that are currently covering the firm, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $288.00.
A number of research firms recently issued reports on SAP. Zacks Research cut shares of SAP from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Citigroup cut shares of SAP from a “buy” rating to a “hold” rating in a research report on Friday, January 30th. Barclays upped their price target on shares of SAP from $256.00 to $257.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Citizens Jmp cut shares of SAP from an “outperform” rating to a “market perform” rating in a research report on Friday, January 30th. Finally, Weiss Ratings cut shares of SAP from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 16th.
Check Out Our Latest Report on SAP
Hedge Funds Weigh In On SAP
SAP Price Performance
SAP stock opened at $178.72 on Wednesday. The company has a 50 day simple moving average of $174.78 and a 200 day simple moving average of $211.29. The stock has a market cap of $219.56 billion, a price-to-earnings ratio of 24.15, a P/E/G ratio of 1.96 and a beta of 1.11. SAP has a 1 year low of $158.58 and a 1 year high of $313.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07.
SAP (NYSE:SAP – Get Free Report) last released its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 earnings per share (EPS) for the quarter. The business had revenue of $11.06 billion during the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. Research analysts anticipate that SAP will post 8.34 EPS for the current fiscal year.
SAP Increases Dividend
The firm also recently declared an annual dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were given a $2.9291 dividend. This is an increase from SAP’s previous annual dividend of $2.54. The ex-dividend date was Tuesday, May 5th. This represents a yield of 170.0%. SAP’s dividend payout ratio is currently 28.92%.
About SAP
SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.
SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.
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