Brokerages Expect SAP SE (NYSE:SAP) to Announce $1.54 Earnings Per Share

Analysts forecast that SAP SE (NYSE:SAP) will announce $1.54 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have made estimates for SAP’s earnings. The lowest EPS estimate is $1.49 and the highest is $1.61. SAP posted earnings of $1.98 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 22.2%. The company is expected to issue its next earnings report before the market opens on Thursday, October 21st.

On average, analysts expect that SAP will report full-year earnings of $7.17 per share for the current fiscal year, with EPS estimates ranging from $6.98 to $7.35. For the next fiscal year, analysts expect that the company will post earnings of $6.26 per share, with EPS estimates ranging from $5.80 to $6.66. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for SAP.

SAP (NYSE:SAP) last released its earnings results on Wednesday, July 21st. The software maker reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.72. SAP had a return on equity of 19.90% and a net margin of 21.60%. The company had revenue of $6.67 billion during the quarter, compared to the consensus estimate of $6.70 billion. During the same quarter in the previous year, the company posted $1.17 earnings per share. The firm’s quarterly revenue was down 1.1% on a year-over-year basis.

SAP has been the subject of a number of analyst reports. Societe Generale reaffirmed a “buy” rating on shares of SAP in a research note on Thursday, July 22nd. UBS Group reaffirmed a “neutral” rating on shares of SAP in a research note on Thursday, July 22nd. Bank of America raised SAP from an “underperform” rating to a “buy” rating in a research note on Wednesday, July 7th. Barclays reissued an “overweight” rating and issued a $165.00 target price (up from $162.00) on shares of SAP in a research note on Tuesday, July 27th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of SAP in a research report on Wednesday, June 16th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $123.70.

Shares of SAP stock opened at $144.88 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.33. SAP has a 12 month low of $104.64 and a 12 month high of $159.46. The business has a fifty day simple moving average of $145.69 and a 200 day simple moving average of $139.89. The stock has a market cap of $177.99 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 2.84 and a beta of 1.03.

Institutional investors have recently bought and sold shares of the company. StoneX Group Inc. acquired a new position in shares of SAP in the second quarter valued at approximately $1,104,000. Nicollet Investment Management Inc. grew its position in shares of SAP by 5.4% in the first quarter. Nicollet Investment Management Inc. now owns 26,430 shares of the software maker’s stock valued at $3,245,000 after purchasing an additional 1,350 shares during the last quarter. Madison Asset Management LLC grew its position in shares of SAP by 15.2% in the first quarter. Madison Asset Management LLC now owns 25,804 shares of the software maker’s stock valued at $3,168,000 after purchasing an additional 3,401 shares during the last quarter. Aigen Investment Management LP acquired a new stake in SAP during the first quarter worth approximately $677,000. Finally, Kestra Advisory Services LLC grew its position in SAP by 357.1% during the first quarter. Kestra Advisory Services LLC now owns 8,927 shares of the software maker’s stock worth $1,096,000 after buying an additional 6,974 shares in the last quarter. 4.18% of the stock is currently owned by institutional investors.

SAP Company Profile

SAP SE engages in the provision of enterprise application software and software-related services. It operates through the following segments: Applications, Technology, and Services; Intelligent Spend Group; and Qualtrics. The Applications, Technology, and Services segment includes software licenses, cloud subscriptions, and related services.

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