Key Points
- Insider purchase: Lori Mitchell‑Keller bought 10,000 shares of The Sage Group on Feb 17 at GBX 839 per share, a transaction valued at £83,900.
- Analyst view & buyback: The stock carries a "Moderate Buy" consensus with an average target of GBX 1,247, and the board has initiated a stock buyback program, while shares trade below both the 50‑day (GBX 995.95) and 200‑day (GBX 1,068.89) moving averages.
The Sage Group plc (LON:SGE - Get Free Report) insider Lori Mitchell- Keller acquired 10,000 shares of The Sage Group stock in a transaction that occurred on Tuesday, February 17th. The stock was acquired at an average price of GBX 839 per share, with a total value of £83,900.
The Sage Group Price Performance
LON SGE opened at GBX 802 on Friday. 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 Sage Group plc has a 1-year low of GBX 782.19 and a 1-year high of GBX 1,335. The stock has a market capitalization of £7.54 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 1.22 and a beta of 0.53. The business's fifty day moving average price is GBX 995.95 and its 200-day moving average price is GBX 1,068.89.
The Sage Group (LON:SGE - Get Free Report) last announced its earnings results on Wednesday, November 19th. The company reported GBX 43.20 earnings per share (EPS) for the quarter. The Sage Group had a net margin of 11.87% and a return on equity of 24.48%. On average, equities analysts predict that The Sage Group plc will post 42.1496095 earnings per share for the current year.
The Sage Group announced that its board has initiated a stock buyback program on Wednesday, November 19th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.
Wall Street Analysts Forecast Growth
SGE has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft decreased their price target on The Sage Group from GBX 1,200 to GBX 1,150 and set a "hold" rating on the stock in a report on Wednesday, January 28th. Canaccord Genuity Group raised The Sage Group to a "buy" rating and boosted their price target for the stock from GBX 1,100 to GBX 1,135 in a report on Monday, February 2nd. Panmure Gordon reissued a "hold" rating and issued a GBX 1,300 target price on shares of The Sage Group in a report on Thursday, November 20th. Jefferies Financial Group raised their target price on shares of 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. Finally, Shore Capital Group reiterated a "hold" rating on shares of The Sage Group in a report on Tuesday, January 27th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of GBX 1,247.
Read Our Latest Analysis 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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