SAP has been the subject of a number of other research reports. Jefferies Group reissued a hold rating on shares of SAP SE in a research report on Thursday, August 4th. Zacks Investment Research raised shares of SAP SE from a sell rating to a hold rating in a research report on Tuesday, July 26th. Credit Suisse Group AG restated a hold rating on shares of SAP SE in a report on Friday, June 3rd. Citigroup Inc. restated a buy rating on shares of SAP SE in a report on Thursday, July 21st. Finally, Morgan Stanley restated a buy rating on shares of SAP SE in a report on Monday, July 18th. Nine analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of $84.42.
Shares of SAP SE (NYSE:SAP) opened at 90.96 on Friday. SAP SE has a 12-month low of $66.67 and a 12-month high of $92.76. The company has a market cap of $108.99 billion, a PE ratio of 27.23 and a beta of 1.43. The stock’s 50 day moving average price is $89.18 and its 200-day moving average price is $82.28.
SAP SE (NYSE:SAP) last released its earnings results on Wednesday, July 20th. The company reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.13. SAP SE had a net margin of 16.76% and a return on equity of 16.92%. On average, equities research analysts forecast that SAP SE will post $4.37 earnings per share for the current year.
Institutional investors have recently made changes to their positions in the stock. Howe & Rusling Inc. raised its position in shares of SAP SE by 0.5% in the second quarter. Howe & Rusling Inc. now owns 1,544 shares of the company’s stock valued at $116,000 after buying an additional 7 shares in the last quarter. Societe Generale acquired a new position in shares of SAP SE during the second quarter valued at $141,000. NEXT Financial Group Inc raised its position in shares of SAP SE by 1.3% in the second quarter. NEXT Financial Group Inc now owns 1,980 shares of the company’s stock valued at $148,000 after buying an additional 25 shares in the last quarter. Bessemer Group Inc. raised its position in shares of SAP SE by 112.3% in the first quarter. Bessemer Group Inc. now owns 2,312 shares of the company’s stock valued at $186,000 after buying an additional 1,223 shares in the last quarter. Finally, Paloma Partners Management Co acquired a new position in shares of SAP SE during the second quarter valued at $210,000. Institutional investors and hedge funds own 3.51% of the company’s stock.
SAP SE Company Profile
SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.
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