Somewhat Favorable Press Coverage Somewhat Unlikely to Impact SAP SE (SAP) Share Price

Press coverage about SAP SE (NYSE:SAP) has trended somewhat positive on Sunday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SAP SE earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 44.9788040704786 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of SAP SE (NYSE:SAP) traded down $0.19 during mid-day trading on Friday, reaching $113.75. The company’s stock had a trading volume of 393,707 shares, compared to its average volume of 614,039. The stock has a market capitalization of $139,798.75, a P/E ratio of 31.68, a P/E/G ratio of 3.28 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 SE has a 52 week low of $81.30 and a 52 week high of $116.90.

SAP SE (NYSE:SAP) last issued its quarterly earnings results on Thursday, October 19th. The software maker reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.68 billion. SAP SE had a return on equity of 15.43% and a net margin of 15.80%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. equities research analysts anticipate that SAP SE will post 4.13 EPS for the current year.

A number of research analysts have recently weighed in on the company. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $120.00 price objective on shares of SAP SE in a report on Tuesday, November 14th. Argus increased their price objective on SAP SE from $118.00 to $130.00 and gave the company a “buy” rating in a report on Monday, October 23rd. Zacks Investment Research raised SAP SE from a “hold” rating to a “buy” rating and set a $127.00 price objective on the stock in a report on Monday, October 23rd. BMO Capital Markets assumed coverage on SAP SE in a report on Friday, October 20th. They issued a “market perform” rating and a $115.00 price objective on the stock. They noted that the move was a valuation call. Finally, DZ Bank AG reissued a “buy” rating on shares of SAP SE in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $106.91.

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About SAP SE

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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