SAP SE ADS (NYSE:SAP):
SAP Enables Transformative Business Value with New IoT Offerings.
The company is trading up from yesterday’s close of $87.65.
Company shares last traded at $87.89 barely below $88.99, the stock’s 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% and the 200 day average went up $4.58 or +5.50%.
The company’s P/E ratio is 28.48 and market cap is 105.29B. In the latest earnings report the EPS was $3.09 and is projected to be $4.13 for the current year with 1,198,000,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.80 and the next full year EPS is projected to be $4.65.
Several brokerage analysts have provided guidance on the stock. On June 13 the company was changed to a “Underperform” in a report from Jefferies which is down from the previous “Hold” rating. On June 1, 2016 the stock rating was rated “Hold” according to a Evercore ISI Group report which was a cut from the previous “” rating.
On April 12, 2016 the stock rating was set at “Buy” by Berenberg a boost from the previous “Hold” rating. January 26 investment analysts at Argus Research held the company rating at “Buy” but raised the price target from $87.00 to $94.00.
On January 8 analysts at BMO Capital began coverage of the stock by announcing an initial rating of “Market Perform”. On January 6 Barclays maintained a stock rating of “Overweight” but raised the price expectation to $108.00 from $91.00.