Analysts Set SAP SE (NYSE:SAP) PT at $271.83

Shares of SAP SE (NYSE:SAPGet Free Report) have been given a consensus rating of “Buy” by the eleven analysts that are presently covering the stock, MarketBeat reports. Ten equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $271.83.

Several equities analysts have recently commented on the company. Jefferies Financial Group reiterated a “buy” rating on shares of SAP in a research report on Friday, May 2nd. UBS Group raised SAP to a “strong-buy” rating in a research note on Friday, May 30th. JMP Securities reissued a “market outperform” rating and set a $330.00 price target on shares of SAP in a research note on Friday, May 23rd. Wells Fargo & Company started coverage on shares of SAP in a report on Tuesday, May 20th. They issued an “overweight” rating for the company. Finally, Wall Street Zen lowered shares of SAP from a “buy” rating to a “hold” rating in a report on Saturday, June 21st.

Check Out Our Latest Analysis on SAP

SAP Stock Performance

NYSE:SAP opened at $295.94 on Friday. The business’s fifty day moving average is $293.07 and its 200 day moving average is $275.20. The firm has a market cap of $363.57 billion, a price-to-earnings ratio of 56.69, a PEG ratio of 4.18 and a beta of 1.32. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.17 and a current ratio of 1.17. SAP has a 52-week low of $194.93 and a 52-week high of $311.40.

SAP (NYSE:SAPGet Free Report) last posted its earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.12. SAP had a return on equity of 13.66% and a net margin of 16.33%. The business had revenue of $10.35 billion during the quarter, compared to analyst estimates of $9.08 billion. Research analysts predict that SAP will post 6.55 EPS for the current year.

SAP Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th were paid a dividend of $2.5423 per share. This represents a dividend yield of 0.8%. The ex-dividend date was Tuesday, May 13th. This is a positive change from SAP’s previous annual dividend of $2.39. SAP’s dividend payout ratio is 35.25%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in SAP by 91.1% in the 4th quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock worth $648,000 after acquiring an additional 1,255 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in shares of SAP by 98.9% during the fourth quarter. D.A. Davidson & CO. now owns 2,572 shares of the software maker’s stock worth $633,000 after purchasing an additional 1,279 shares during the period. Atria Wealth Solutions Inc. grew its stake in shares of SAP by 89.4% in the fourth quarter. Atria Wealth Solutions Inc. now owns 5,511 shares of the software maker’s stock worth $1,357,000 after purchasing an additional 2,601 shares during the last quarter. Kestra Investment Management LLC purchased a new position in SAP during the 4th quarter valued at about $62,000. Finally, Global Retirement Partners LLC increased its holdings in SAP by 41.3% during the 4th quarter. Global Retirement Partners LLC now owns 971 shares of the software maker’s stock valued at $239,000 after purchasing an additional 284 shares during the period.

About SAP

(Get Free Report

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.

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Analyst Recommendations for SAP (NYSE:SAP)

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