SAP (SAP) Receiving Favorable News Coverage, Report Finds
News stories about SAP (NYSE:SAP) have trended positive on Friday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SAP earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 45.4990487445762 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- MARKETFLASH: Marc Teerlink Joins SAP as Global Vice President … – GlobeNewswire (press release) (globenewswire.com)
- SAP Finalizes New Revolving Credit Facility of €2.5 Billion (webwire.com)
- MARKETFLASH: Marc Teerlink Joins SAP as Global Vice President, SAP Leonardo (finance.yahoo.com)
- Independent Research Firm Names SAP a Leader in Translytical … – PR Newswire (press release) (prnewswire.com)
- SAP Investor Presentation in December 2017 – Markets Insider (markets.businessinsider.com)
Shares of SAP (SAP) traded down $1.57 during midday trading on Friday, hitting $111.78. The stock had a trading volume of 660,770 shares, compared to its average volume of 706,903. The company has a market cap of $136,480.00, a P/E ratio of 32.18, a price-to-earnings-growth ratio of 3.33 and a beta of 1.14. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.24. SAP has a 1-year low of $81.30 and a 1-year high of $116.90.
SAP (NYSE:SAP) last issued its quarterly earnings data on Thursday, October 19th. The software maker reported $1.01 EPS for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.12. The firm had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.68 billion. SAP had a return on equity of 15.43% and a net margin of 15.80%. SAP’s revenue was up 4.0% on a year-over-year basis. research analysts forecast that SAP will post 4.13 EPS for the current year.
Several equities analysts recently commented on SAP shares. Argus boosted their price target on SAP from $118.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, October 23rd. Zacks Investment Research raised SAP from a “hold” rating to a “buy” rating and set a $127.00 price target on the stock in a research report on Monday, October 23rd. Oppenheimer reissued a “buy” rating and set a $120.00 price target on shares of SAP in a research report on Tuesday, November 14th. BMO Capital Markets started coverage on SAP in a report on Friday, October 20th. They set a “market perform” rating and a $115.00 price objective on the stock. They noted that the move was a valuation call. Finally, Stifel Nicolaus restated a “sell” rating and set a $75.00 price objective on shares of SAP in a report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have assigned a buy rating to the stock. SAP currently has a consensus rating of “Buy” and an average price target of $106.91.
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SAP Company Profile
SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).
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