Wall Street brokerages expect that SAP SE (NYSE:SAP) will announce earnings per share (EPS) of $0.96 for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for SAP’s earnings. The lowest EPS estimate is $0.83 and the highest is $1.05. SAP reported earnings of $0.90 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 6.7%. The firm is scheduled to announce its next earnings results on Tuesday, April 23rd.

According to Zacks, analysts expect that SAP will report full-year earnings of $5.47 per share for the current fiscal year, with EPS estimates ranging from $5.26 to $5.62. For the next year, analysts expect that the company will report earnings of $6.03 per share, with EPS estimates ranging from $5.74 to $6.25. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for SAP.

SAP (NYSE:SAP) last released its earnings results on Tuesday, January 29th. The software maker reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.10). The company had revenue of $7.43 billion for the quarter, compared to analyst estimates of $7.22 billion. SAP had a return on equity of 16.47% and a net margin of 16.44%. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period last year, the company posted $1.77 earnings per share.

Several analysts recently weighed in on SAP shares. CIBC reaffirmed a “hold” rating and issued a $44.00 price objective on shares of SAP in a research note on Friday. Royal Bank of Canada reaffirmed a “neutral” rating on shares of SAP in a research note on Friday. Zacks Investment Research raised SAP from a “hold” rating to a “buy” rating and set a $116.00 price objective on the stock in a research note on Monday, February 4th. Bank of America lowered SAP from a “buy” rating to a “neutral” rating in a research note on Monday, February 4th. Finally, DZ Bank reaffirmed a “buy” rating on shares of SAP in a research note on Tuesday, January 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $110.63.

Shares of SAP traded up $0.06 during trading hours on Monday, hitting $104.09. 623,553 shares of the company were exchanged, compared to its average volume of 819,966. The firm has a market cap of $127.80 billion, a P/E ratio of 22.98, a price-to-earnings-growth ratio of 2.20 and a beta of 1.01. SAP has a fifty-two week low of $94.81 and a fifty-two week high of $127.16. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.13 and a current ratio of 1.59.

A number of institutional investors have recently bought and sold shares of SAP. CWM LLC raised its position in SAP by 262.5% in the fourth quarter. CWM LLC now owns 406 shares of the software maker’s stock valued at $40,000 after purchasing an additional 294 shares during the last quarter. Whittier Trust Co. raised its position in SAP by 97.1% in the fourth quarter. Whittier Trust Co. now owns 404 shares of the software maker’s stock valued at $40,000 after purchasing an additional 199 shares during the last quarter. Synovus Financial Corp raised its position in SAP by 454.7% in the fourth quarter. Synovus Financial Corp now owns 416 shares of the software maker’s stock valued at $41,000 after purchasing an additional 341 shares during the last quarter. CNB Bank raised its position in SAP by 832.6% in the fourth quarter. CNB Bank now owns 429 shares of the software maker’s stock valued at $43,000 after purchasing an additional 383 shares during the last quarter. Finally, Lavaca Capital LLC bought a new position in SAP in the fourth quarter valued at about $44,000. Hedge funds and other institutional investors own 4.47% of the company’s stock.

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. 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; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

See Also: Growth Stocks

Get a free copy of the Zacks research report on SAP (SAP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter.