SAP SE (NYSE:SAP) Expected to Announce Earnings of $1.20 Per Share

Analysts expect that SAP SE (NYSE:SAP) will report $1.20 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have made estimates for SAP’s earnings, with the lowest EPS estimate coming in at $1.16 and the highest estimate coming in at $1.28. SAP reported earnings of $1.17 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 2.6%. The firm is expected to announce its next quarterly earnings results on Thursday, July 18th.

According to Zacks, analysts expect that SAP will report full year earnings of $5.44 per share for the current fiscal year, with EPS estimates ranging from $5.32 to $5.56. For the next financial year, analysts forecast that the business will report earnings of $6.06 per share, with EPS estimates ranging from $5.97 to $6.23. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover SAP.

SAP (NYSE:SAP) last released its quarterly earnings results on Wednesday, April 24th. The software maker reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The firm had revenue of $6.12 billion during the quarter, compared to analyst estimates of $5.94 billion. SAP had a net margin of 12.81% and a return on equity of 15.57%. The business’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 EPS.

A number of brokerages have weighed in on SAP. DZ Bank restated a “buy” rating on shares of SAP in a report on Thursday, May 2nd. Morgan Stanley restated a “neutral” rating on shares of SAP in a report on Wednesday, April 3rd. BMO Capital Markets restated a “market perform” rating and issued a $135.00 price objective (up previously from $115.00) on shares of SAP in a report on Thursday, April 25th. HSBC cut shares of SAP from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. Finally, JMP Securities upped their price objective on shares of SAP from $131.00 to $150.00 and gave the stock a “market outperform” rating in a report on Thursday, April 25th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $113.22.

Institutional investors have recently modified their holdings of the stock. Financial Gravity Wealth Inc. purchased a new position in SAP during the first quarter valued at $26,000. Horan Capital Advisors LLC. purchased a new position in SAP during the first quarter valued at $27,000. Camarda Financial Advisors LLC purchased a new position in SAP during the first quarter valued at $28,000. Motco purchased a new position in SAP during the first quarter valued at $31,000. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of SAP in the 1st quarter worth $42,000. Institutional investors own 4.85% of the company’s stock.

Shares of NYSE SAP traded down $0.07 during midday trading on Wednesday, hitting $128.31. 899,900 shares of the company traded hands, compared to its average volume of 773,888. SAP has a 12-month low of $94.81 and a 12-month high of $130.67. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market capitalization of $157.57 billion, a P/E ratio of 28.32, a P/E/G ratio of 2.81 and a beta of 1.04.

The business also recently disclosed an annual dividend, which was paid on Tuesday, May 28th. Investors of record on Friday, May 17th were given a dividend of $1.6961 per share. The ex-dividend date was Thursday, May 16th. This represents a yield of 1.51%. SAP’s dividend payout ratio (DPR) is 26.49%.

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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