Brokerages Expect SAP SE (SAP) to Announce $0.87 Earnings Per Share

Equities research analysts predict that SAP SE (NYSE:SAP) will post $0.87 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for SAP’s earnings, with the lowest EPS estimate coming in at $0.82 and the highest estimate coming in at $0.94. SAP posted earnings per share of $0.78 in the same quarter last year, which would suggest a positive year-over-year growth rate of 11.5%. The company is expected to report its next earnings report before the market opens on Tuesday, April 24th.

According to Zacks, analysts expect that SAP will report full year earnings of $5.17 per share for the current fiscal year, with EPS estimates ranging from $4.93 to $5.36. For the next financial year, analysts forecast that the business will report earnings of $5.65 per share, with EPS estimates ranging from $5.45 to $5.91. Zacks’ earnings per share calculations are an average based on a survey of analysts that that provide coverage for SAP.

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SAP (NYSE:SAP) last announced its quarterly earnings results on Tuesday, January 30th. The software maker reported $1.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.33. The business had revenue of $8.01 billion during the quarter, compared to analysts’ expectations of $7.99 billion. SAP had a return on equity of 17.33% and a net margin of 17.38%.

A number of brokerages have issued reports on SAP. Zacks Investment Research cut SAP from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Cleveland Research cut SAP from a “buy” rating to a “neutral” rating in a research report on Thursday, January 25th. Citigroup reaffirmed a “buy” rating on shares of SAP in a research report on Wednesday, January 10th. Royal Bank of Canada reaffirmed a “neutral” rating on shares of SAP in a research report on Monday, January 22nd. Finally, Morgan Stanley cut SAP from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $104.00.

Hedge funds have recently modified their holdings of the company. We Are One Seven LLC acquired a new position in shares of SAP during the fourth quarter worth approximately $114,000. Bank of Nova Scotia Trust Co. acquired a new position in shares of SAP during the third quarter worth approximately $123,000. Icon Wealth Partners LLC acquired a new position in shares of SAP during the fourth quarter worth approximately $149,000. Credit Agricole S A acquired a new position in shares of SAP during the fourth quarter worth approximately $177,000. Finally, South Texas Money Management Ltd. acquired a new position in shares of SAP during the fourth quarter worth approximately $200,000. Institutional investors own 10.28% of the company’s stock.

Shares of NYSE SAP traded up $1.49 during trading hours on Tuesday, hitting $109.44. The stock had a trading volume of 587,220 shares, compared to its average volume of 1,075,500. The stock has a market cap of $132,838.14, a price-to-earnings ratio of 25.51, a PEG ratio of 2.96 and a beta of 1.12. SAP has a 52 week low of $96.49 and a 52 week high of $116.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.17.

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 29th. Stockholders of record on Monday, May 21st will be issued a dividend of $1.7271 per share. The ex-dividend date is Friday, May 18th. This is a positive change from SAP’s previous annual dividend of $1.33. This represents a dividend yield of 1.6%. SAP’s payout ratio is 22.84%.

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About SAP

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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