Brokerages expect SAP SE (NYSE:SAP) to post $1.78 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for SAP’s earnings. The lowest EPS estimate is $1.73 and the highest is $1.82. SAP posted earnings of $1.64 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 8.5%. The company is expected to announce its next earnings results on Tuesday, January 23rd.

On average, analysts expect that SAP will report full-year earnings of $4.93 per share for the current financial year, with EPS estimates ranging from $4.88 to $4.97. For the next year, analysts forecast that the company will report earnings of $5.15 per share, with EPS estimates ranging from $5.00 to $5.24. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for SAP.

SAP (NYSE:SAP) last issued its earnings results on Thursday, October 19th. The software maker reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. The firm had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.68 billion. SAP had a net margin of 15.80% and a return on equity of 15.43%. The company’s revenue was up 4.0% on a year-over-year basis.

SAP has been the subject of a number of analyst reports. Zacks Investment Research downgraded shares of SAP from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. Oppenheimer reiterated a “buy” rating and set a $120.00 target price on shares of SAP in a research note on Tuesday, November 14th. BMO Capital Markets restated a “hold” rating and issued a $110.00 price objective on shares of SAP in a research note on Friday, October 13th. Desjardins upgraded shares of SAP to a “buy” rating and set a $49.00 price objective for the company in a research note on Thursday. Finally, Royal Bank of Canada restated a “hold” rating on shares of SAP in a research note on Monday, September 18th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $101.92.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Harding Loevner LP boosted its stake in shares of SAP by 4,590.3% during the third quarter. Harding Loevner LP now owns 267,928,144 shares of the software maker’s stock worth $402,798,000 after buying an additional 262,215,799 shares during the period. Fisher Asset Management LLC boosted its stake in shares of SAP by 2.1% during the third quarter. Fisher Asset Management LLC now owns 6,599,155 shares of the software maker’s stock worth $723,597,000 after buying an additional 136,874 shares during the period. Sustainable Growth Advisers LP boosted its stake in shares of SAP by 8.9% during the second quarter. Sustainable Growth Advisers LP now owns 2,567,035 shares of the software maker’s stock worth $268,691,000 after buying an additional 210,664 shares during the period. Northern Trust Corp boosted its stake in shares of SAP by 2.0% during the second quarter. Northern Trust Corp now owns 1,476,441 shares of the software maker’s stock worth $154,540,000 after buying an additional 29,555 shares during the period. Finally, Neuberger Berman Group LLC boosted its stake in shares of SAP by 2.6% during the third quarter. Neuberger Berman Group LLC now owns 1,346,504 shares of the software maker’s stock worth $147,644,000 after buying an additional 33,768 shares during the period. Institutional investors and hedge funds own 3.66% of the company’s stock.

SAP (SAP) opened at $112.36 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.18 and a current ratio of 1.18. The company has a market cap of $137,260.00, a price-to-earnings ratio of 30.53, a P/E/G ratio of 3.26 and a beta of 1.13. SAP has a 12 month low of $85.49 and a 12 month high of $116.90.

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SAP Company Profile

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

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Earnings History and Estimates for SAP (NYSE:SAP)

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