SAP SE ADS (NYSE:SAP):
Newsbyte: SAP Receives Highest Score for Two Use Cases in Gartner’s First Critical Capabilities Report for Cloud HCM Suites for Midmarket and Large Enterprises.
The company is now up by 0.27 percent from yesterday’s close.
Shares of the company are trading at $87.89 which is a tad under the 50 day moving average which is $88.99 and a tad above the 200 day moving average of $83.31. The 50 day moving average was down $-1.10 or -1.24% and the 200 day average went up by +5.50%.
The P/E ratio is 28.48 and the market value is 105.29B. As of the latest earnings report the EPS was $3.10 and is estimated to be $4.14 for the current year with 1,198,000,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.80 and the next full year EPS is anticipated to be $4.65.
Brokerage firms have released ratings on the company recently. On June 13 the company was changed to a “Underperform” by Jefferies down from the previous “Hold” rating. On June 1 the stock rating was downgraded to “Hold” from “” by analysts at Evercore ISI Group.
On April 12, 2016 the stock rating was rated “Buy” according to a Berenberg report a boost from the previous “Hold” rating. January 26 investment analysts at Argus Research kept the company rating at “Buy” and raised the price expectation to $94.00 from $87.00.
On January 8, 2016 BMO Capital began coverage of SAP giving it an initial rating of “Market Perform”. On January 6 Barclays maintained a stock rating of “Overweight” but raised the price expectation from $91.00 to $108.00.