SAP SE (ADR) Could Decline a Lot According to The Today’s Call Option Activity

 SAP SE (ADR) Could Decline a Lot According to The Today's Call Option Activity

In today’s session SAP SE (ADR) (SAP) recorded an unusually high (529) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious SAP decrease. With 529 contracts traded and 2994 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: SAP161118P00090000 closed last at: $2.55 or 2% up. About 119,617 shares traded hands. SAP SE (ADR) (NYSE:SAP) has risen 17.15% since March 7, 2016 and is uptrending. It has outperformed by 9.55% the S&P500.

Analysts await SAP SE (ADR) (NYSE:SAP) to report earnings on October, 18. They expect $0.79 earnings per share, down 4.82% or $0.04 from last year’s $0.83 per share. SAP’s profit will be $953.51M for 28.50 P/E if the $0.79 EPS becomes a reality. After $0.76 actual earnings per share reported by SAP SE (ADR) for the previous quarter, Wall Street now forecasts 3.95% EPS growth.

SAP SE (ADR) (NYSE:SAP) Ratings Coverage

Out of 11 analysts covering Sap Ag (NYSE:SAP), 5 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 45% are positive. $94.0 is the highest target while $79 is the lowest. The $85.83 average target is -4.70% below today’s ($90.06) stock price. Sap Ag has been the topic of 15 analyst reports since July 23, 2015 according to StockzIntelligence Inc. FBR Capital maintained the shares of SAP in a report on Monday, January 25 with “Mkt Perform” rating. As per Tuesday, September 15, the company rating was upgraded by JP Morgan. Societe Generale downgraded SAP SE (ADR) (NYSE:SAP) on Wednesday, September 9 to “Hold” rating. The rating was upgraded by Berenberg to “Buy” on Tuesday, April 12. Argus Research maintained it with “Buy” rating and $94.0 target price in Tuesday, January 26 report. The rating was downgraded by Jefferies to “Underperform” on Monday, June 13. On Wednesday, October 14 the stock rating was upgraded by HSBC to “Buy”. The rating was downgraded by Evercore to “Hold” on Wednesday, June 1. The firm has “Market Perform” rating given on Friday, January 8 by BMO Capital Markets. The firm earned “Sector Perform” rating on Wednesday, October 21 by RBC Capital Markets.

According to Zacks Investment Research, “Sap Ag Adr is the recognized leader in providing collaborative e-business solutions for all types of industries and for every major market. SAP has leveraged our extensive experience to deliver a comprehensive range of solutions to empower every aspect of business operations. By using SAP solutions, organizations of all sizes including small and midsize enterprises – can reduce costs, improve performance, and gain the agility to respond to changing business needs. SAP is the world’s largest business software company and the world’s third-largest independent software provider overall. SAP has also developed the SAP NetWeaver platform, which allows our customers to achieve more value from their IT investments.”

SAP SE , formerly SAP AG, is engaged in business application and analytics software. The company has a market cap of $108.70 billion. The Firm is also engaged in digital commerce and is an enterprise cloud company. It has a 27.04 P/E ratio. The Company’s divisions include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.

SAP Company Profile

SAP SE (SAP), formerly SAP AG, incorporated on July 7, 2014, is engaged in business application and analytics software. The Firm is also engaged in digital commerce and is an enterprise cloud company. The Company’s divisions include 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 (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products). The SAP Business Network Segment includes a network of networks, which covers sourcing, procurement, and travel and expenses. The SAP Business Network segment includes SAP’s cloud collaborative business network and services relating to the SAP Business Network, including cloud applications, professional services and education services. The Company’s business network portfolio includes SAP Ariba, Concur and SAP Fieldglass solutions.

More news for SAP SE (ADR) (NYSE:SAP) were recently published by: Marketwatch.com, which released: “SAP’s Concur to buy online travel company Hipmunk” on June 10, 2009. Valuewalk.com‘s article titled: “SAP SE (ADR) Struggles To Compete With Cloud-Based Competitors” and published on January 20, 2015 is yet another important article.

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