SAP (SAP) Expected to Announce Quarterly Earnings on Tuesday

SAP (NYSE:SAP) is anticipated to release its earnings data after the market closes on Tuesday, April 22nd. Analysts expect SAP to post earnings of $1.39 per share and revenue of $9.08 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

SAP (NYSE:SAP) last announced its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. On average, analysts expect SAP to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SAP Stock Performance

Shares of SAP stock opened at $259.57 on Tuesday. The business has a 50-day simple moving average of $272.39 and a 200 day simple moving average of $254.61. SAP has a one year low of $175.08 and a one year high of $293.70. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The firm has a market capitalization of $318.88 billion, a price-to-earnings ratio of 90.44, a PEG ratio of 4.71 and a beta of 1.28.

SAP Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be issued a dividend of $2.5423 per share. This is an increase from SAP’s previous annual dividend of $2.39. The ex-dividend date is Tuesday, May 13th. This represents a dividend yield of 0.8%. SAP’s payout ratio is currently 64.11%.

Analysts Set New Price Targets

Several research firms recently issued reports on SAP. Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. JMP Securities lifted their price objective on shares of SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a report on Wednesday, January 29th. BMO Capital Markets upped their target price on shares of SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a report on Wednesday, January 29th. Royal Bank of Canada reiterated an “outperform” rating and set a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Finally, TD Cowen raised SAP from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $240.00 to $305.00 in a report on Friday, January 17th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $248.83.

Institutional Investors Weigh In On SAP

An institutional investor recently raised its position in SAP stock. Brighton Jones LLC lifted its holdings in shares of SAP SE (NYSE:SAP) by 91.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,633 shares of the software maker’s stock after acquiring an additional 1,255 shares during the quarter. Brighton Jones LLC’s holdings in SAP were worth $648,000 at the end of the most recent 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.