SAP (SAP) Expected to Announce Earnings on Tuesday

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

SAP Stock Performance

Shares of SAP stock opened at $276.41 on Monday. The business has a 50 day simple moving average of $249.60 and a 200 day simple moving average of $230.50. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market capitalization of $339.56 billion, a price-to-earnings ratio of 110.56, a price-to-earnings-growth ratio of 3.89 and a beta of 1.22. SAP has a 12-month low of $172.32 and a 12-month high of $277.36.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Kepler Capital Markets raised SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and raised their target price for the company from $240.00 to $305.00 in a research note on Friday, January 17th. Barclays upped their price target on shares of SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a research note on Thursday. BMO Capital Markets raised their price objective on shares of SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a research note on Tuesday, October 22nd. Finally, JMP Securities upped their target price on SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 22nd. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $276.00.

About SAP

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.