Wall Street brokerages predict that SAP SE (NYSE:SAP) will announce sales of $7.14 billion for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for SAP’s earnings, with estimates ranging from $7.04 billion to $7.23 billion. SAP posted sales of $6.36 billion in the same quarter last year, which indicates a positive year over year growth rate of 12.3%. The business is scheduled to report its next quarterly earnings results on Thursday, July 19th.

On average, analysts expect that SAP will report full-year sales of $29.34 billion for the current financial year, with estimates ranging from $29.13 billion to $29.74 billion. For the next fiscal year, analysts expect that the company will report sales of $31.71 billion per share, with estimates ranging from $31.02 billion to $32.74 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow SAP.

SAP (NYSE:SAP) last posted its quarterly earnings data on Tuesday, April 24th. The software maker reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.25. The company had revenue of $5.26 billion during the quarter, compared to analysts’ expectations of $5.30 billion. SAP had a return on equity of 18.33% and a net margin of 18.00%. SAP’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.73 earnings per share.

A number of research firms recently commented on SAP. Barclays upped their price objective on SAP from $132.00 to $134.00 and gave the company an “overweight” rating in a research report on Wednesday, April 25th. ValuEngine raised SAP from a “hold” rating to a “buy” rating in a report on Tuesday, May 1st. Royal Bank of Canada reissued a “neutral” rating and set a price target on shares of SAP in a report on Tuesday, April 24th. Cleveland Research lowered SAP from a “buy” rating to a “neutral” rating in a report on Thursday, January 25th. Finally, DZ Bank reissued a “buy” rating on shares of SAP in a report on Friday, January 19th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $110.80.

SAP opened at $114.16 on Thursday, MarketBeat reports. The firm has a market cap of $141.51 billion, a P/E ratio of 26.61, a PEG ratio of 3.48 and a beta of 1.12. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.32 and a quick ratio of 1.32. SAP has a one year low of $113.13 and a one year high of $113.91.

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 29th. Stockholders of record on Monday, May 21st will be paid a $1.7271 dividend. This is a positive change from SAP’s previous annual dividend of $1.33. The ex-dividend date of this dividend is Friday, May 18th. This represents a dividend yield of 1.6%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Private Capital Group LLC boosted its stake in shares of SAP by 253.3% in the first quarter. Private Capital Group LLC now owns 2,406 shares of the software maker’s stock worth $253,000 after acquiring an additional 1,725 shares during the period. Unio Capital LLC boosted its stake in shares of SAP by 13.6% in the first quarter. Unio Capital LLC now owns 60,192 shares of the software maker’s stock worth $6,330,000 after acquiring an additional 7,185 shares during the period. Banco de Sabadell S.A boosted its stake in shares of SAP by 11.1% in the first quarter. Banco de Sabadell S.A now owns 12,179 shares of the software maker’s stock worth $1,281,000 after acquiring an additional 1,215 shares during the period. LPL Financial LLC boosted its stake in shares of SAP by 43.0% in the first quarter. LPL Financial LLC now owns 15,544 shares of the software maker’s stock worth $1,635,000 after acquiring an additional 4,672 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of SAP by 995.3% in the first quarter. Jane Street Group LLC now owns 23,056 shares of the software maker’s stock worth $2,425,000 after acquiring an additional 20,951 shares during the period. 10.32% of the stock is owned by hedge funds and other institutional investors.

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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