Press coverage about SAP (NYSE:SAP) has been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SAP earned a coverage optimism score of 2.00 on their scale. InfoTrie also assigned news headlines about the software maker an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the near future.
These are some of the news stories that may have effected SAP’s score:
Several brokerages recently issued reports on SAP. Royal Bank of Canada dropped their price objective on shares of SAP from $49.00 to $47.00 and set an “outperform” rating for the company in a research note on Friday, November 8th. DZ Bank reaffirmed a “buy” rating on shares of SAP in a research note on Friday, October 11th. Barclays reaffirmed a “buy” rating and set a $125.00 price objective on shares of SAP in a research note on Tuesday, October 22nd. BMO Capital Markets set a $140.00 price objective on shares of SAP and gave the company a “hold” rating in a research note on Friday, July 19th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $135.00 price objective on shares of SAP in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twelve have given a buy rating to the company. SAP has an average rating of “Hold” and a consensus price target of $117.79.
NYSE:SAP traded up $1.07 on Friday, hitting $135.48. The stock had a trading volume of 381,675 shares, compared to its average volume of 696,763. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.45. The stock has a market cap of $160.30 billion, a price-to-earnings ratio of 29.91, a PEG ratio of 2.83 and a beta of 1.12. The company has a fifty day moving average price of $127.15 and a two-hundred day moving average price of $126.24. SAP has a 1-year low of $94.81 and a 1-year high of $140.62.
SAP (NYSE:SAP) last posted its earnings results on Monday, October 21st. The software maker reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.19. The company had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.78 billion. SAP had a net margin of 12.62% and a return on equity of 16.12%. SAP’s revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.14 EPS. As a group, analysts anticipate that SAP will post 4.46 earnings per share for the current year.
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.
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