SAP SE ADS (NYSE:SAP):
SAPÂ® IoT Connects the World to Enable Live Business.
The company is now up by 0.35 percent from yesterday’s close.
It is currently trading at $91.06 which is just over $88.62, the 50 day moving average and barely above the 200 day moving average of $81.80. The 50 day moving average was up by +2.75% and the 200 day average went up by +11.31%.
The P/E ratio is currently 27.42 and the market cap of the company is 109.11B. In the latest 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 anticipated to be $4.94.
A few brokerage analysts have released opinions on the stock. On June 13 the stock rating was downgraded to “Underperform” from “Hold” by analysts at Jefferies. On June 1, 2016 the stock rating was rated “Hold” according to a Evercore ISI Group report a cut from the previous “” rating.
On April 12 the company was upgraded from “Hold” to “Buy” in a report from Berenberg. On January 26 Argus Research made no change to the stock rating of “Buy” and moved up the price target to $94.00 from $87.00.
On January 8, 2016 BMO Capital initiated coverage on SAP setting a rating of “Market Perform”. January 6 investment analysts at Barclays kept the stock rating at “Overweight” but raised the price target from $91.00 to $108.00.