In today’s recent session, 1.32 million shares of the SAP SE (NYSE:SAP) have been traded, and its beta is 1.04. Most recently the company’s share price was $138.82, and it changed around -$5.28 or -3.66% from the last close, which brings the market valuation of the company to $177.94B. SAP at last check was trading at a discount to its 52-week high of $169.30, offering almost -21.96% off that amount. The share price’s 52-week low was $104.64, which indicates that the recent value has risen by an impressive 24.62% since then. We note from SAP SE’s average daily trading volume that its 10-day average is 0.61 million shares, with the 3-month average coming to 615.40K.
SAP SE stock received a consensus recommendation rating of an Overweight, based on a mean score of 2.40. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended SAP as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. SAP SE is expected to report earnings per share of $1.45 for the current quarter.
SAP SE (NYSE:SAP) trade information
Instantly SAP has been showing red trend so far today with a performance of -3.66% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 148.80 on Tuesday, 07/20/21 increased the stock’s daily price by 6.71%. The company’s shares are currently up 10.51% year-to-date, but still down -3.68% over the last five days. On the other hand, SAP SE (NYSE:SAP) is 2.80% down in the 30-day period. We can see from the shorts that 2.68 million shares have been sold at a short interest cover period of 2.55 day(s).
The consensus price target as assigned by Wall Street analysts is $162.90, which translates to bulls needing to increase their stock price by 14.78% from its current value. Analyst projections state that SAP is forecast to be at a low of $145.00 and a high of $180.00. In order for the stock price to hit the forecast high, the stock would need to plunge -29.66% from its current level, while the stock would need to crash -4.45% from its current level to reach the projected low.
SAP SE (SAP) estimates and forecasts
SAP SE share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 13.39 percent over the past six months and at a 4.53% annual growth rate that is well above the industry average of 2.30%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain 5.80% in revenue this quarter, and will report a decrease of -26.60% in the next quarter. The year-over-year growth rate is expected to be 0.70%, up from the previous year.
Consensus estimates provided by 10 financial analysts predict the company will bring in an average of $7.93 billion in revenue for the current quarter. 10 analysts expect SAP SE to make $7.96 billion in revenue for the quarter ending Sep 2021. The company’s sales for the same quarters a year ago were $7.88 billion and $7.8 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 0.70%. Forecasts for the next quarter put sales growth at 2.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 11.20%. SAP SE earnings are expected to increase by 56.50% in 2021, but the outlook is positive 8.09% per year for the next five years.
SAP SE’s next quarterly earnings report is expected to be released in August. The annual dividend yield of the stock is 1.52 percent and its annual dividend per share was 2.19. It is important to note, however, that the 1.52% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.38 per year.
SAP SE (NYSE:SAP)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.00% of SAP SE shares, and 4.20% of them are in the hands of institutional investors. The stock currently has a share float of 4.20%. SAP SE stock is held by 570 institutions, with Fisher Asset Management, LLC being the largest institutional investor. By Mar 30, 2021, it held 0.70% of the shares, which is about 8.59 million shares worth $1.06 billion.
Harding Loevner LLC, with 0.62% or 7.57 million shares worth $987.06 million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Harding, Loevner Funds, Inc-International Equity Portfolio and Washington Mutual Investors Fund were the top two Mutual Funds as of Jan 30, 2021. The former held 3.64 million shares worth $459.93 million, making up 0.30% of all outstanding shares. On the other hand, Washington Mutual Investors Fund held roughly 1.19 million shares worth around $145.56 million, which represents about 0.10% of the total shares outstanding.