SAP SE (NYSE: SAP) Chief Executive Christian Klein told CNBC in an interview that its enterprise software unit spin off Qualtrics International Inc (NASDAQ: XM) is “massively oversubscribed.” Qualtrics could raise $1.46 billion from the IPO at a $14.6 billion valuation. Canadian convenience store operator Alimentation Couche-Tard Inc. walked away from a bid for grocer Carrefour SA last month after pushback from the French government.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Notably, the company's IPO price was harder to chase down than usual, with a formal press release in scarce supply. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. SAP Stock Summary. Yahoo Finance’s Julia La Roche discusses Qualtrics’ IPO with CEO Zig Serafin and founder Ryan Smith. If you’re in a hurry, you can skip ahead and read the 5 Best European Dividend Stocks to Buy Now. Here is how the company's reported EPS has stacked up against analyst estimates in the past: Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020 EPS Estimate 1.54 1.33 0.92 1.89 EPS Actual 1.99 1.29 0.94 2.04 Revenue Estimate 8.16 B 7.84 B 6.46 B 8.89 B Revenue Actual 7.64 B 7.43 B 7.19 B 9.02 B Stock Performance Shares of SAP were trading at $132.09 as of January 27. PowerFleet Closes Underwritten Public Offering, Arcutis Biotherapeutics Announces Proposed Public Offering of Common Stock, Moonpig sees shares soar after pricing its £1.2 billion London IPO, Dating app Bumble aims for nearly $6 billion valuation in U.S. IPO, Moonpig soars above £1.2bn valuation on stock market debut, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - NYSE Delayed Price. Some parts of this page is not supported on your current browser version. S&P 500 0.00%. Real-time trade and investing ideas on SAP AG SAP from the largest community of traders and investors. Qualtrics is trading on the Nasdaq Global Select Market under the symbol XM. Cancel. Over the past year the S&P 500 has risen 16.21% while SAP is down … Shares of Qualtrics International Inc jumped nearly 40% on Thursday in their Nasdaq debut, valuing the firm at nearly $21 billion, against the backdrop of a capital market frenzy that has seen investors flock to technology stocks. SAP EPS in the same period a year ago totaled $2.04. View detailed financial information, real-time news, videos, quotes and analysis on SAP SE (NYSE:SAP). Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Why Analyst Estimates And Earnings Surprises Are Important Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. SAP stock tumbled on Monday after the German enterprise software maker slashed this year's revenue forecast and warned that the coronavirus emergency would … Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. February 2, 2021 - 8:00 am. View all financial news and press releases. The company is focusing on its customers and “everything else takes care of itself,” he said.The return of Qualtrics to the public market reflects a shift in SAP’s strategy under Chief Executive Officer Christian Klein, who was appointed in April.The IPO proceeds will be used to help pay down $1.76 billion of debt owed to SAP America, while the remainder will be for working capital and other general corporate purposes, according to its filings. “Atos’s decision to walk away from its proposed $10 billion acquisition of peer DXC Technology suggests that it’s opting against doubling down on legacy IT outsourcing services.”Atos rose as much as 7.4% in Paris on Tuesday, the biggest intraday gain since April, giving the company a market value of 7.4 billion euros ($8.9 billion). Last night, Qualtrics priced its IPO at $30 per share, selling 50.4 million shares in the process. The Zacks Analyst Blog Highlights: Facebook, Novo Nordisk, SAP, Royal Dutch Shell and American Express. Fundamental company data provided by Morningstar and Zacks Investment Research. SAP intends to use the proceeds towards debt repayment worth $1.76 billion. Stocks Rankings for SAP. All rights reserved. Find real-time SAP - SAP SE stock quotes, company profile, news and forecasts from CNN Business. View our full suite of financial calendars and market data tables, all for free. Do Not Sell My Information. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Log In. WALLDORF, Germany, Feb. 1, 2021 /PRNewswire/ -- SAP SE (NYSE: SAP) today said it has created one marketplace for solutions and services from SAP and its partners, merging SAP® App Center for partner solutions with SAP Store for SAP solutions. The SAP-owned enterprise-software company's stock's first trade on the Nasdaq exchange was at $41.85 at 1:55 p.m. Eastern for about 4.6 million shares. SAP’s previous full year 2020 outlook issued on April 8th, 2020 reflected its best estimates concerning the timing and pace of recovery from the COVID-19 crisis. All rights reserved. Qualtrics has priced 51.7 million shares at $30 per share in an upsized initial public offering (IPO), raking $1.55 billion. The stock has edged higher since it's open, to trade up 40.0% at $42.00. Price Action: SAP shares are down 0.37% at $131.70 on the last check Thursday. The price/operating cash flow metric for Sap Se is higher than 89.34% of stocks in our set with a positive cash flow. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Quarterly Results Earnings per share decreased 1.47% year over year to $2.01, which beat the estimate of $1.97. Benzinga does not provide investment advice. The new consolidated marketplace, called SAP Store and available at store.sap.com, simplifies the shopping … Qualtrics shares opened for trading at $41.85 a share, up about 40% from where the stock priced earlier in the day. The deal ran into a last-minute hiccup, now addressed, when (SAP) (ticker: SAP) CEO made some comments to media outlets about recent growth at Qualtrics that were not quite true. DXC fell about 10% in late trading Monday, valuing the company at $6.5 billion.“From the start, we considered the unsolicited and non-binding offer was far from a done deal, given the level of uncertainty prevailing on several topics and the extent of concern for many investors,” Gregory Ramirez, an analyst from Bryan Garnier, wrote in a note.It’s the second big transatlantic merger to fall through this year. Sign Up. SAP SE (SAP) Q4 Earnings and Revenues Decline Y/Y, Stock Down Jan. 29, 2021 at 11:00 a.m. Shares of Utah-based Qualtrics International Inc. soared in their public debut, as the stock, finally, opened 39.5% above its initial public offering price. © 2021 Verizon Media. All rights reserved. Decipher the announcement with Benzinga's help. Please log in to your account or sign up in order to add this asset to your watchlist. Get daily stock ideas top-performing Wall Street analysts. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. It is a spin-off from German enterprise software service provider SAP SE (NYSE: SAP). What happened Shares of SAP (NYSE:SAP) sank 31.1% in October, according to data from S&P Global Market Intelligence. Christian Klein, CEO of German software group SAP, on Wednesday launched a campaign to encourage customers to move operations to the cloud, a shift that has brought short-term pain to investors but one that he hopes will pay off over time. All rights reserved. Revenue was $9.02 billion. The SAP-owned enterprise-software company's stock's first trade on the Nasdaq exchange was at $41.85 at 1:55 p.m. Eastern for about 4.6 million … View which stocks are hot on social media with MarketBeat's trending stocks report. SAP shares are down 1.20% at $133.26 in the pre-market session on the last check Wednesday. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small to medium-size enterprises. The IPO priced late Wednesday at $30, above the expected range of between $27 and $29 a share, as the company raised $1.55 billion. Stock analysis for SAP SE (SAP:Xetra) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Klein said that SAP has doubled Qualtrics revenue since acquisition with SAP’s huge customer base and aims for Qualtrics to “penetrate the market outside of our customer base.” According to the filing, SAP intends to use Qualtrics IPO proceeds to repay $1.76 billion of debt. The company sold 51.7 million shares for $30 each Wednesday after marketing about 50 million shares for $20 to $24, a range that had been elevated earlier.The company’s trading debut came as stock markets bounced back after plunging Wednesday amid the fracas over the run-up in GameStop Corp. shares made short-selling a household discussion topic.“Frankly, we just don’t get caught up on the way the stock market is evolving,” Qualtrics Chief Executive Officer Zig Serafin said in an interview. Since then, SAP shares have increased by 4.8% and is now trading at €105.52. Do not be surprised to see the stock move on comments made during its conference call. Benzinga does not provide investment advice. Now it is promoting a version of its latest S/4 HANA data engine that is hosted on remote cloud servers, offering improved connectivity with its own apps and - should customers choose - those of its competitors. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. (Bloomberg) -- Qualtrics International Inc., the customer-survey software business spun off by SAP SE, climbed 52% in its trading debut after its U.S. initial public offering exceeded its goal to raise $1.55 billion.The shares closed at $45.50 in New York trading Thursday, giving the company a market value of about $23 billion. © American Consumer News, LLC dba MarketBeat® 2010-2021. Export data to Excel for your own analysis. Get daily stock ideas top-performing Wall Street analysts. Software Stocks News: Why SAP Stock Is Getting Slammed Today SAP is expecting major impacts to business due to Covid-19 By Nick Clarkson , Web Editor Oct 26, 2020, 1:10 pm EST December 18, 2020 SAP hasn't issued any revenue guidance for the time being. Learn about financial terms, types of investments, trading strategies and more. The companies make their entrance at a boom time for initial public offerings, with January on track to be the biggest opening month for new stocks in over 20 years. All rights reserved. In this article, we present the 14 best European dividend stocks to buy now according to hedge funds. Please upgrade the browser to the latest. Revenue of $8,991,000,000 declined by 0.29% year over year, which missed the estimate of $9,010,000,000. Get the latest SAP SE (SAP) stock news and headlines to help you in your trading and investing decisions. Details Of The Call Date: Jan 29, 2021 View more earnings on SAP Time: 08:00 AM ET Webcast URL: https://broadcast.co.sap.com/go/QReport Technicals 52-week high: $169.30 Company's 52-week low was at $90.89 Price action over last quarter: Up 12.48% Company Overview Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Stock Ideas and Recommendations. At the stock's opening price, Qualtrics's market capitalization was $21.07 billion. Get SAP SE (SAP:NYSE) real-time stock quotes, news, price and financial information from CNBC. (Updates with CEO’s comment in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Qualtrics priced 51.7 million shares, increased from earlier plans to offer 50.4 million shares, at $30. 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