Brokerages Set SAP SE (NYSE:SAP) PT at $193.80

SAP SE (NYSE:SAP) has earned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $201.60.

Several research firms have recently commented on SAP. JMP Securities increased their price target on shares of SAP from $204.00 to $220.00 and gave the company a “market outperform” rating in a research report on Tuesday. KeyCorp assumed coverage on SAP in a report on Thursday, March 21st. They issued an “overweight” rating for the company. BMO Capital Markets increased their price objective on SAP from $147.00 to $195.00 and gave the company a “market perform” rating in a research note on Thursday, January 25th. StockNews.com downgraded shares of SAP from a “strong-buy” rating to a “buy” rating in a research note on Thursday, April 18th. Finally, Barclays lowered their price target on shares of SAP from $212.00 to $210.00 and set an “overweight” rating for the company in a report on Wednesday.

SAP Stock Down 1.6 %

Shares of SAP stock opened at $185.08 on Tuesday. The stock has a fifty day moving average price of $187.77 and a 200 day moving average price of $165.42. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.18. SAP has a 1 year low of $126.75 and a 1 year high of $199.29.

SAP (NYSE:SAP) last released its quarterly earnings results on Tuesday, January 23rd. The software maker reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.17). SAP had a return on equity of 9.81% and a net margin of 15.76%. The firm had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.98 billion. On average, equities research analysts forecast that SAP will post 4.74 earnings per share for the current fiscal year.

SAP Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Friday, May 17th will be issued a $2.3852 dividend. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, May 16th. This is a positive change from SAP’s previous annual dividend of $2.19. SAP’s dividend payout ratio (DPR) is 34.92%.

Institutional Investors Weigh In On SAP

A number of institutional investors have recently added to or reduced their stakes in SAP. Northwest Investment Counselors LLC acquired a new position in shares of SAP in the 1st quarter valued at about $25,000. Column Capital Advisors LLC raised its holdings in SAP by 121.0% in the third quarter. Column Capital Advisors LLC now owns 221 shares of the software maker’s stock valued at $29,000 after buying an additional 121 shares during the period. Sunbelt Securities Inc. acquired a new position in SAP during the first quarter valued at approximately $29,000. Wetzel Investment Advisors Inc. purchased a new stake in SAP during the fourth quarter worth approximately $31,000. Finally, Adirondack Trust Co. increased its position in shares of SAP by 121.1% in the fourth quarter. Adirondack Trust Co. now owns 199 shares of the software maker’s stock worth $31,000 after acquiring an additional 109 shares in the last quarter.

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.