Equities research analysts predict that SAP SE (NYSE:SAP) will announce sales of $6.54 billion for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for SAP’s earnings, with estimates ranging from $6.35 billion to $6.74 billion. SAP reported sales of $5.63 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 16.2%. The company is scheduled to report its next earnings report on Tuesday, April 24th.
According to Zacks, analysts expect that SAP will report full-year sales of $6.54 billion for the current fiscal year, with estimates ranging from $29.46 billion to $30.22 billion. For the next financial year, analysts expect that the company will post sales of $31.99 billion per share, with estimates ranging from $31.23 billion to $32.43 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover SAP.
A number of analysts have recently weighed in on SAP shares. Oppenheimer reiterated a “buy” rating and set a $120.00 price target on shares of SAP in a research report on Tuesday, November 14th. Zacks Investment Research cut SAP from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Desjardins upgraded SAP to a “buy” rating and set a $49.00 price target on the stock in a research report on Thursday, December 28th. Citigroup reissued a “buy” rating on shares of SAP in a report on Wednesday, January 10th. Finally, Morgan Stanley lowered SAP from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 11th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $103.73.
Shares of SAP (NYSE:SAP) traded up $0.76 during trading on Tuesday, hitting $104.90. The stock had a trading volume of 1,388,141 shares, compared to its average volume of 1,317,179. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.17 and a quick ratio of 1.18. The firm has a market cap of $126,894.25, a PE ratio of 27.18, a price-to-earnings-growth ratio of 2.82 and a beta of 1.12. SAP has a fifty-two week low of $92.77 and a fifty-two week high of $116.90.
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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