SAP (NYSE:SAP) is scheduled to be releasing its earnings data before the market opens on Tuesday, January 30th. Analysts expect SAP to post earnings of $1.59 per share for the quarter.
Shares of SAP (SAP) opened at $112.78 on Tuesday. SAP has a 12 month low of $88.84 and a 12 month high of $116.90. The stock has a market capitalization of $138,050.00, a PE ratio of 29.92, a price-to-earnings-growth ratio of 3.01 and a beta of 1.14. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.24.
Several research firms have issued reports on SAP. Zacks Investment Research downgraded SAP from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. Citigroup reissued a “buy” rating on shares of SAP in a research note on Wednesday, January 10th. BMO Capital Markets began coverage on SAP in a research note on Friday, October 20th. They issued a “market perform” rating and a $115.00 price target on the stock. They noted that the move was a valuation call. Royal Bank of Canada reissued a “neutral” rating on shares of SAP in a research note on Monday. Finally, Morgan Stanley downgraded SAP from an “overweight” rating to an “equal weight” rating in a research note on Thursday, January 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $102.55.
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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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