SAP (SAP) Expected to Announce Earnings on Tuesday

SAP (NYSE:SAP) is projected to announce its earnings results before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $1.51 per share and revenue of $9,103,263.57 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

SAP (NYSE:SAP) last posted its quarterly earnings data on Monday, October 21st. The software maker reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.31 by ($0.08). The company had revenue of $8.47 billion during the quarter, compared to analyst estimates of $9.25 billion. SAP had a return on equity of 11.44% and a net margin of 8.15%. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.20 EPS. On average, analysts expect SAP to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

SAP Stock Up 0.4 %

SAP stock opened at $262.74 on Tuesday. The company’s 50-day moving average price is $245.68 and its two-hundred day moving average price is $228.29. The stock has a market cap of $322.77 billion, a price-to-earnings ratio of 105.09, a PEG ratio of 3.56 and a beta of 1.22. SAP has a 52 week low of $158.94 and a 52 week high of $264.71. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.17.

Analysts Set New Price Targets

SAP has been the subject of a number of research reports. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. BMO Capital Markets lifted their target price on SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. TD Cowen raised SAP from a “hold” rating to a “buy” rating and upped their target price for the company from $240.00 to $305.00 in a report on Friday. JMP Securities lifted their price target on SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a research note on Tuesday, October 22nd. Finally, Barclays upped their price objective on shares of SAP from $252.00 to $275.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Eleven research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $263.17.

SAP Company Profile

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.