SAP (SAP) Expected to Announce Quarterly Earnings on Tuesday

SAP (NYSE:SAP) is anticipated to issue its quarterly earnings data 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. Individual that wish to listen to the company’s earnings conference call can do so using this link.

SAP Trading Up 0.4 %

SAP stock opened at $276.41 on Friday. SAP has a 12-month low of $172.32 and a 12-month high of $277.36. 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 stock has a market capitalization of $339.56 billion, a PE ratio of 110.56, a price-to-earnings-growth ratio of 3.89 and a beta of 1.22. The firm has a 50 day simple moving average of $249.60 and a 200-day simple moving average of $230.29.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SAP. Barclays lifted their price target on SAP from $275.00 to $283.00 and gave the company an “overweight” rating in a research report on Thursday. Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. BMO Capital Markets lifted their price objective on shares of SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 22nd. JMP Securities increased their target price on shares of SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 22nd. Finally, TD Cowen upgraded shares of SAP from a “hold” rating to a “buy” rating and lifted their price target for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. Eleven investment analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $264.50.

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.