Sap SE ADR (SAP): A Technical Analysis

Sap SE ADR (NYSE: SAP) has a higher price-to-earnings ratio of 122.45x compared to its average ratio. SAP has 36-month beta value of 1.25. Analysts have mixed views on the stock, with 10 analysts rating it as a “buy,” 10 as “overweight,” 8 as “hold,” and 0 as “sell.”

The public float for SAP is 1.17B, and currently, short sellers hold a 0.14% ratio of that float. The average trading volume of SAP on July 23, 2024 was 769.65K shares.

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SAP) stock’s latest price update

Sap SE ADR (NYSE: SAP) has experienced a rise in its stock price by 5.63 compared to its previous closing price of 200.47. However, the company has seen a gain of 3.36% in its stock price over the last five trading days. zacks.com reported 2024-07-23 that SAP’s Q2 2024 performance benefits from continued strength in its cloud business coupled with AI-driven strategic transformation initiatives.

SAP’s Market Performance

SAP’s stock has risen by 3.36% in the past week, with a monthly rise of 9.06% and a quarterly rise of 18.84%. The volatility ratio for the week is 1.34% while the volatility levels for the last 30 days are 1.29% for Sap SE ADR The simple moving average for the past 20 days is 5.59% for SAP’s stock, with a 22.37% simple moving average for the past 200 days.

Analysts’ Opinion of SAP

Many brokerage firms have already submitted their reports for SAP stocks, with BMO Capital Markets repeating the rating for SAP by listing it as a “Outperform.” The predicted price for SAP in the upcoming period, according to BMO Capital Markets is $237 based on the research report published on June 28, 2024 of the current year 2024.

Bernstein, on the other hand, stated in their research note that they expect to see SAP reach a price target of $227. The rating they have provided for SAP stocks is “Outperform” according to the report published on May 23rd, 2024.

BMO Capital Markets gave a rating of “Market Perform” to SAP, setting the target price at $218 in the report published on April 26th of the current year.

SAP Trading at 8.81% from the 50-Day Moving Average

After a stumble in the market that brought SAP to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.62% of gains for the given period.

Volatility was left at 1.29%, however, over the last 30 days, the volatility rate increased by 1.34%, as shares surge +10.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.43% upper at present.

During the last 5 trading sessions, SAP rose by +3.49%, which changed the moving average for the period of 200-days by +64.45% in comparison to the 20-day moving average, which settled at $201.56. In addition, Sap SE ADR saw 36.98% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SAP

Current profitability levels for the company are sitting at:

  • 0.21 for the present operating margin
  • 0.72 for the gross margin

The net margin for Sap SE ADR stands at 0.16. The total capital return value is set at 0.12. Equity return is now at value 5.67, with 3.23 for asset returns.

Based on Sap SE ADR (SAP), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.7. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 6.11.

Currently, EBITDA for the company is 7.96 billion with net debt to EBITDA at 0.04. When we switch over and look at the enterprise to sales, we see a ratio of 7.2. The receivables turnover for the company is 4.08for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.

Conclusion

To put it simply, Sap SE ADR (SAP) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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