Key Points
- Insider purchase: Director John Bates bought 35,000 shares of The Sage Group on Feb 12 at an average price of GBX 811 per share, costing £283,850 in total.
- Stock backdrop: Shares opened at GBX 807.40 (near the one‑year low of GBX 790.60) and trade well below the 50‑day and 200‑day averages (GBX 1,018.02 and GBX 1,080.69), with a market cap of £7.59 billion and a P/E of 21.73.
- Analyst and corporate signals: The consensus rating is a "Moderate Buy" with a target of GBX 1,247 (three Buy, three Hold), and the board has authorized a share repurchase program, suggesting management may view the stock as undervalued.
The Sage Group plc (LON:SGE - Get Free Report) insider John Bates bought 35,000 shares of The Sage Group stock in a transaction dated Thursday, February 12th. The stock was purchased at an average price of GBX 811 per share, with a total value of £283,850.
The Sage Group Stock Performance
Shares of The Sage Group stock opened at GBX 807.40 on Friday. The business has a 50-day simple moving average of GBX 1,018.02 and a 200 day simple moving average of GBX 1,080.69. The Sage Group plc has a one year low of GBX 790.60 and a one year high of GBX 1,335. The company has a debt-to-equity ratio of 114.00, a current ratio of 0.76 and a quick ratio of 0.58. The firm has a market capitalization of £7.59 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 1.22 and a beta of 0.53.
The Sage Group (LON:SGE - Get Free Report) last announced its quarterly earnings results on Wednesday, November 19th. The company reported GBX 43.20 earnings per share (EPS) for the quarter. The Sage Group had a return on equity of 24.48% and a net margin of 11.87%. On average, research analysts anticipate that The Sage Group plc will post 42.1496095 earnings per share for the current fiscal year.
The Sage Group declared that its Board of Directors has initiated a share repurchase program on Wednesday, November 19th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of The Sage Group from GBX 1,200 to GBX 1,150 and set a "hold" rating for the company in a research note on Wednesday, January 28th. JPMorgan Chase & Co. reduced their price objective on shares of The Sage Group from GBX 1,500 to GBX 1,300 and set an "overweight" rating for the company in a report on Thursday, December 4th. Panmure Gordon restated a "hold" rating and issued a GBX 1,300 target price on shares of The Sage Group in a report on Thursday, November 20th. Canaccord Genuity Group raised shares of The Sage Group to a "buy" rating and raised their price target for the company from GBX 1,100 to GBX 1,135 in a research report on Monday, February 2nd. Finally, Jefferies Financial Group lifted their price target on The Sage Group from GBX 1,320 to GBX 1,350 and gave the company a "buy" rating in a research note on Thursday, November 20th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,247.
View Our Latest Stock Report on The Sage Group
The Sage Group Company Profile
(
Get Free Report)
The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.
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