Could SAP SE (ADR) Gain Strenght? Option Traders Don’t Think So

 Could SAP SE (ADR) Gain Strenght? Option Traders Don't Think So

In today’s session SAP SE (ADR) (SAP) recorded an unusually high (859) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious SAP decrease. With 859 contracts traded and 20454 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: SAP161021P00090000 closed last at: $3.5 or 5.4% down. About 498,440 shares traded hands. SAP SE (ADR) (NYSE:SAP) has risen 9.36% since March 14, 2016 and is uptrending. It has outperformed by 3.75% 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 $971.20 million for 27.30 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. Sap Ag has been the topic of 15 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Evercore given on Wednesday, June 1. Societe Generale downgraded SAP SE (ADR) (NYSE:SAP) on Wednesday, September 9 to “Hold” rating. The firm has “Buy” rating given on Wednesday, October 14 by HSBC. The rating was maintained by Argus Research on Tuesday, January 26 with “Buy”. The firm has “Buy” rating by Berenberg given on Tuesday, April 12. As per Tuesday, September 15, the company rating was upgraded by JP Morgan. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, October 21. The firm has “Market Perform” rating given on Friday, January 8 by BMO Capital Markets. The firm has “Mkt Perform” rating given on Monday, January 25 by FBR Capital. Jefferies downgraded SAP SE (ADR) (NYSE:SAP) on Monday, June 13 to “Underperform” rating.

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 $106.08 billion. The Firm is also engaged in digital commerce and is an enterprise cloud company. It has a 26.45 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: “Plus the latest data from Realtor.com on 21 home markets across the US” 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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