Sap SE ADR (NYSE: SAP) Stock Forecast For 2024: 265 Per Share On The Upside

In the latest trading session, 0.91 million Sap SE ADR (NYSE:SAP) shares changed hands as the company’s beta touched 1.25. With the company’s most recent per share price at $235.18 changing hands around $5.7 or 2.48% at last look, the market valuation stands at $274.34B. SAP’s last price was a premium, traded about 1.25% off its 52-week high of $232.23. The share price had its 52-week low at $130.08, which suggests the last value was 44.69% up since then. When we look at Sap SE ADR’s average trading volume, we note the 10-day average is 0.85 million shares, with the 3-month average coming to 845.64K.

Analysts gave the Sap SE ADR (SAP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended SAP as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Sap SE ADR’s EPS for the current quarter is expected to be 1.52.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Sap SE ADR (NYSE:SAP) trade information

Instantly SAP is in green as seen in intraday trades today. With action 2.47%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 52.13%, with the 5-day performance at 2.47% in the green. However, in the 30-day time frame, Sap SE ADR (NYSE:SAP) is 2.06% up. Looking at the short shares, we see there were 1.69 million shares sold at short interest cover period of 2.3 days.

The consensus price target for the stock as assigned by Wall Street analysts is 147, meaning bulls need a downside of -59.99% from its recent market value. According to analyst projections, SAP’s forecast low is 66 with 265 as the target high. To hit the forecast high, the stock’s price needs a -12.68% plunge from its current level, while the stock would need to tank 71.94% for it to hit the projected low.

Sap SE ADR (SAP) estimates and forecasts

Data shows that the Sap SE ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 25.09% over the past 6 months, a -36.32% in annual growth rate that is considerably lower than the industry average of 13.70%. Year-over-year growth is forecast to reach 11.10% up from the last financial year.

Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 9.82B. 5 analysts are of the opinion that Sap SE ADR’s revenue for the current quarter will be 9.71B. The company’s revenue for the corresponding quarters a year ago was 9.04B and 8.62B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.70%. The estimates for the next quarter sales put growth at 12.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -9.96%. The 2024 estimates are for Sap SE ADR earnings to decrease by -10.87%, but the outlook for the next 5-year period is at 11.77% per year.

SAP Dividends

Sap SE ADR is expected to release its next quarterly earnings report on 2025-Jan-22. The 1.02% annual yield figure for the share gives it an annual dividend of 2.39. It is important to note, however, that the 1.02% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.56 per year.

Sap SE ADR (NYSE:SAP)’s Major holders

FMR LLC holds the second largest percentage of outstanding shares, with 0.7181% or 8.38 million shares worth $1.69 billion as of 2024-06-30.