SAP (SAP) Projected to Post Earnings on Tuesday

SAP (NYSE:SAP - Get Free Report) is projected to announce its earnings results after the market closes on Tuesday, April 22nd. Analysts expect the company to announce earnings of $1.39 per share and revenue of $9.08 billion for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

SAP (NYSE:SAP - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. On average, analysts expect SAP to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SAP Price Performance

SAP traded down $3.46 during trading on Friday, reaching $257.02. The stock had a trading volume of 1,503,694 shares, compared to its average volume of 981,820. The business has a 50-day moving average of $271.11 and a 200-day moving average of $254.90. SAP has a one year low of $175.08 and a one year high of $293.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The stock has a market cap of $315.75 billion, a PE ratio of 89.55, a PEG ratio of 4.71 and a beta of 1.28.

SAP Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be given a dividend of $2.5423 per share. The ex-dividend date of this dividend is Tuesday, May 13th. This is a positive change from SAP's previous annual dividend of $2.39. This represents a dividend yield of 0.8%. SAP's dividend payout ratio is 64.11%.

Hedge Funds Weigh In On SAP

A hedge fund recently raised its stake in SAP stock. Brighton Jones LLC raised its holdings in SAP SE (NYSE:SAP - Free Report) by 91.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,633 shares of the software maker's stock after buying an additional 1,255 shares during the quarter. Brighton Jones LLC's holdings in SAP were worth $648,000 at the end of the most recent quarter.

Analysts Set New Price Targets

A number of brokerages have commented on SAP. TD Cowen upgraded shares of SAP from a "hold" rating to a "buy" rating and increased their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $38.00 target price on shares of SAP in a report on Thursday, January 30th. Kepler Capital Markets raised shares of SAP from a "hold" rating to a "buy" rating in a research note on Wednesday, January 15th. JMP Securities raised their price objective on SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a research note on Wednesday, January 29th. Finally, BMO Capital Markets lowered their target price on SAP from $307.00 to $300.00 and set an "outperform" rating for the company in a research note on Wednesday. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $247.67.

About SAP

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.