SAP SE (ADR) (NYSE:SAP) on July 20, 2016 announced its financial results for the second quarter and half year ended June 30, 2016. SAP had strong growth in the cloud. Second quarter IFRS cloud subscriptions and support revenue grew 30% year-over-year to €720 million. Non-IFRS cloud subscriptions and support revenue rose 30% year-over-year (33% at constant currencies) to €721 million. New cloud bookings were up a solid 28% (31% at constant currencies) in the second quarter and reached €255 million. The rapidly expanding cloud business together with solid growth in support revenue continued to drive the share of more predictable revenue. The total of cloud subscriptions & support revenue and software support revenue reached 63% of total revenue in the second quarter 2016, up 1 percentage point. SAP is significantly outpacing its main competitor in cloud and software revenue. IFRS cloud and software revenue was €4.36 billion, an increase of 7%. Non-IFRS cloud and software revenue was €4.36 billion, an increase of 7% (11% at constant currencies).

IFRS operating profit was up 81% to €1.27 billion. Non-IFRS operating profit grew 9% to €1.52 billion (11% at constant currencies). IFRS earnings per share increased 73% to €0.68. Non-IFRS earnings per share increased 2% to €0.82. For the six months ended June 30, operating cash flow was €2.92 billion (2015: €2.78 billion), an increase of 5% year-over-year, and free cash flow increased 1% year-over-year to €2.52 billion (2015: €2.50 billion) Shares of SAP SE (ADR) (NYSE:SAP) jumped 5.53% to reach at $83.71 during the course of session. The company has experienced volume of 2.90M shares while on average the company has a capacity of trading 1.21M shares. The stock holds the market capitalization of $102.49B along with 1.20B outstanding shares. The stock traded in the price range of $82.82 – $83.81 for the last trading session. For the stock price target value has been calculated at $88.39 based on calls of 12 experts. Stock’s minimum price target estimates has been figured out at $50.07 while the maximum price target forecast is established at $106.14.

SAP SE (ADR) (NYSE:SAP) as of current trade, has shown weekly upbeat performance of 7.20%. Its six months performance indicated a bullish movement while its yearly performance reflected a positive trend of 16.94%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 7.63%. Shares of SAP SE (ADR) (NYSE:SAP) currently have an ABR of 2.21, derived from a total of 14 opinions. Homes For Sale Legacy Park Kennesaw GaThe company’s price sits 7.41% above from its 50-day moving average of $77.90 and 9.03% above from the stock’s 200-day moving average of $78.12. Hot Tubs 6x6The company has Relative Strength Index (RSI 14) of 70.20 along with Average True Range (ATR 14) of 1.66. German Shepherd Mix Puppies For Sale In Charlotte Nc

Its weekly and monthly volatility is 0.90%, 1.24% respectively. The company’s beta value is at 1.42. SAP SE (ADR) (NYSE:SAP)’s price to sales ratio for trailing twelve months is 4.41 and price to book ratio for most recent quarter is 3.94, whereas price to cash per share for the most recent quarter is 1.30. The company’s price to free cash flow for trailing twelve months is 52.24. Its quick ratio for most recent quarter is 1.30 along with current ratio for most recent quarter of 1.30. Total debt to equity ratio of the company for most recent quarter is 0.41 whereas long term debt to equity ratio for most recent quarter is 0.38. The company has a Return on Assets of 7.80%. The company currently has a Return on Equity of 14.60% and Return on Investment of 10.20%.January 13, 2016 — 8:00 AM EST January 13, 2016 — 12:21 PM EST Hong Kong five hundred dollar banknotes, one thousand dollar banknotes and Chinese one hundred yuan banknotes. Volatility in the $5.3-trillion-a-day foreign exchange market is dragging down U.S. corporate earnings by the most since 2011, according to a report from FiREapps.Currency fluctuations eroded earnings for the average North American company by 12 cents per share in the third quarter, according to the Scottsdale, Arizona-based firm, which advises businesses and makes software to help reduce the effect of foreign-exchange swings.

That’s the most in data going back at least four years, and is up from an average 3 cents per share in the second quarter. "This is the worst I’ve seen it," FiREapps chief executive officer Wolfgang Koester said in a telephone interview. "Investors and analysts are taking a very close look at corporate results impacted by foreign exchange and recognize how material they are.”A JPMorgan Chase & Co. measure of currency volatility averaged 10.1 percent during the third quarter, up from 6.3 percent 12 months earlier. Last year, some of the biggest price swings came from unscheduled events, such as China’s August devaluation of the yuan, Switzerland’s decision to scrap its currency cap and plummeting commodity prices.Price SwingsCompanies in North America lost at least $19.3 billion to foreign-exchange headwinds in the third quarter of 2015, FiREapps data showed. The losses grew by about 14 percent from the second quarter. Of the 850 North American corporations that Fireapps analyzed, 353 cited the negative impact of currencies in their earnings, more than double the previous quarter."

That is the largest number of companies talking about currency impact that we’ve ever seen," Koester said. Profit in 2015 at Kimberly-Clark Corp., the maker of Kleenex tissues and Huggies diapers, was reduced by about 25 percent by currency effects, Tom Falk, the company’s chief executive officer, said in an interview with Bloomberg Television.China’s yuan is garnering more attention from corporations amid concern that growth in the world’s second-largest economy is slowing, according to FiREapps.Yet North American firms remain most concerned about the effects of the euro, Brazilian real and Canadian dollar on their results. The currencies have fallen 7.8 percent, 34 percent and 16 percent against the greenback over the past 12 months. The stronger U.S. dollar means higher, less-competitive prices for U.S. businesses seeking to sell their products overseas. Companies also take a hit when they account for revenue denominated in weaker overseas currencies, unless they hedged their exposure.