SAP SE ADS (NYSE:SAP):
Newsbyte: SAP XMÂ® Extends End-to-End Digital Advertising Offerings Through Partnership with Blackwood Seven.
The company is trading up by 0.27% since yesterday’s close of $87.65.
Company chares are trading at $87.89 a tad under $88.99, the 50 day moving average and which is just a bit higher than the 200 day moving average of $83.31. The 50 day moving average was down by -1.24% whereas the 200 day moving average was up $4.58 or +5.50%.
The P/E ratio is currently 28.48 and the market value is 105.29B. In 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 currently outstanding. Analysts expect next quarter’s EPS will be $0.80 with next year’s EPS anticipated to be $4.65.
Analysts have released ratings on SAP. On June 13 the stock rating was downgraded to “Underperform” from “Hold” in a statement from Jefferies. On June 1, 2016 the stock rating was changed to a “Hold” in a report from Evercore ISI Group a cut from the previous “” rating.
On April 12 the company was upgraded from “Hold” to “Buy” in an announcement from Berenberg. January 26 investment analysts at Argus Research kept the stock rating at “Buy” but raised the price expectation to $94.00 from $87.00.
Equity analyst BMO Capital added SAP to its research portfolio giving it an initial rating of “Market Perform”. On January 6 Barclays held the stock rating at “Overweight” and moved up the price target from $91.00 to $108.00.