Brokerages Set SAP SE (NYSE:SAP) PT at $322.00

Shares of SAP SE (NYSE:SAP) have earned a consensus recommendation of “Moderate Buy” from the twenty analysts that are presently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $305.75.

SAP has been the subject of several recent research reports. Hsbc Global Res raised shares of SAP to a “hold” rating in a research note on Tuesday, January 20th. TD Cowen reissued a “buy” rating on shares of SAP in a research report on Friday, January 30th. Arete Research upgraded shares of SAP to a “strong-buy” rating in a research note on Thursday, December 11th. Argus reissued a “buy” rating and set a $320.00 target price on shares of SAP in a research note on Friday, October 24th. Finally, Citizens Jmp downgraded SAP from an “outperform” rating to a “market perform” rating in a report on Friday, January 30th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SAP. First PREMIER Bank acquired a new stake in shares of SAP in the 3rd quarter valued at $25,000. Retirement Wealth Solutions LLC increased its holdings in SAP by 246.4% in the third quarter. Retirement Wealth Solutions LLC now owns 97 shares of the software maker’s stock valued at $26,000 after buying an additional 69 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new position in SAP in the third quarter valued at $27,000. Copia Wealth Management acquired a new stake in SAP in the third quarter valued at $28,000. Finally, Sound Income Strategies LLC lifted its holdings in SAP by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock worth $26,000 after buying an additional 58 shares during the last quarter.

SAP Stock Up 1.3%

NYSE:SAP opened at $199.80 on Monday. SAP has a 52 week low of $189.22 and a 52 week high of $313.28. The stock’s fifty day moving average is $237.19 and its two-hundred day moving average is $257.74. The stock has a market capitalization of $245.45 billion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 2.17 and a beta of 1.17. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.14.

SAP (NYSE:SAP) last posted its quarterly earnings data on Thursday, January 29th. The software maker reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.13. The firm had revenue of $11.36 billion for the quarter, compared to the consensus estimate of $9.77 billion. SAP had a return on equity of 16.73% and a net margin of 19.92%.The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.40 EPS. Research analysts anticipate that SAP will post 6.55 EPS for the current year.

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.