SAP SE (NYSE: SAP) is -40.47% lower on its value in year-to-date trading and has touched a low of $82.41 and a high of $149.06 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SAP stock was last observed hovering at around $84.26 in the last trading session, with the day’s loss setting it -1.33% off its average median price target of $107.00 for the next 12 months. It is also 51.22% off the consensus price target high of $170.00 offered by 11 analysts, but current levels are 9.86% higher than the price target low of $92.00 for the same period.
Currently trading at $82.93, the stock is -3.18% and -7.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing -1.58% at the moment leaves the stock -22.68% off its SMA200. SAP registered -40.07% loss for a year compared to 6-month loss of -25.44%.
The stock witnessed a -9.48% gain in the last 1 month and extending the period to 3 months gives it a -11.86%, and is -3.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.70% over the week and 1.91% over the month.
SAP SE (SAP) has around 110409 employees, a market worth around $102.92B and $29.42B in sales. Current P/E ratio is 24.85 and Fwd P/E is 14.63. Profit margin for the company is 13.40%. Distance from 52-week low is 0.63% and -44.37% from its 52-week high. The company has generated returns on investments over the last 12 months (5.90%).
SAP SE (SAP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for SAP SE (SAP) is a “Overweight”. 11 analysts offering their recommendations for the stock have an average rating of 2.30, where 5 rate it as a Hold and 2 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
SAP SE is expected to release its quarterly report on 10/25/2022.The EPS is expected to grow by 2.30% this year.
SAP SE (SAP) Top Institutional Holders
The shares outstanding are 1.17B, and float is at 1.09B with Short Float at 0.22%.
SAP SE (SAP): Who are the competitors?
The company’s main competitors (and peers) include Adobe Inc. (ADBE) that is trading -54.61% down over the past 12 months and Salesforce Inc. (CRM) that is -41.99% lower over the same period. Oracle Corporation (ORCL) is -20.96% down on the 1-year trading charts.