SAP SE ADS (NYSE:SAP):
SAP Lands New Customers Looking to Embrace HR Transformation.
The company is down since yesterday’s close of $90.71.
Company shares last traded at $90.51 which is slightly above the 50 day moving average which is $88.47 and marginally over the 200 day moving average of $81.71. The 50 day moving average was up $1.99 or +2.25% and the 200 day average moved up $8.75.
The most current P/E ratio is 27.24 and market cap is 108.39B. In the last earnings report the EPS was $3.32 and is projected to be $4.37 for the current year with 1,198,199,000 shares outstanding. Analysts expect next quarter’s EPS will be $1.57 and the next full year EPS is projected to be $4.94.
Investment firms have released opinions on SAP SE ADS recently. On June 13 the company was downgraded to “Underperform” from “Hold” in a report from Jefferies. On June 1 the stock rating was downgraded from “” to “Hold” by analysts at Evercore ISI Group.
On April 12 the stock rating was upgraded to “Buy” from “Hold” in a report issued by Berenberg. January 26 investment analysts at Argus Research held the stock rating at “Buy” and raised the price target to $94.00 from $87.00.
On January 8, 2016 BMO Capital began coverage of SAP by announcing an initial rating of “Market Perform”. On January 6 Barclays made no change to the stock rating of “Overweight” but moved up the price target from $91.00 to $108.00.