Sage Group PLC

Sage Group is a technology provider that assists to manage businesses of all sizes. Co. provides a suite of cloud business management solutions and services including accounting, financials, enterprise management, people, payroll, payments and banking, as well as marketplace apps that can be provisioned to match the exact needs of any business. Co. has three reportable segments in which it operates, being Northern Europe (the U.K. and Ireland), Central and Southern Europe (Germany, Switzerland, Poland, France and Portugal) and NorthAmerica (the U.S., Canada and North America Intacct).
  • TickerSGE
  • ISINGB00B8C3BL03
  • ExchangeLondon Stock Exchange
  • SectorSoftware & Computer Services
  • CountryUnited Kingdom

Analysts

Gregory Ramirez

SAGE GROUP: H1 FY19 meeting feedback: the only way is to the cloud | NEUTRAL | 710p vs. 610p (-5%)

SAGE GROUP - NEUTRAL | 710p vs. 610p (-5%) H1 FY19 meeting feedback: the only way is to the cloud The cloud strategy is advancing well Organic operating margin will be burdened by R&D in H2 Cash conversion will be lower in H2 FY19 We raise our Fair Value to 710p vs. 610p; Neutral reiterated

Andrew Lange

Morningstar | Sage Reports Solid First Half; Software Subscription Migration Remains Focal Point; Shares a Premium

Sage reported a solid first-half performance as the company continues to make its shift to cloud connected and/or native recurring revenue products. The first-half announcement was another good chance for relatively new CEO, Steve Hare, to outline his vision for the firm. Hare noted that Sage would be laser focused on three strategic initiatives: customer success, colleague success, and innovation. We remain cautious over the speed at which the firm can make the transition to a full-fledged cloud connected provider of software given prior underperformance and management turnover. However, with...

Andrew Lange

Sage Reports Solid First Half; Software Subscription Migration Remains Focal Point; Shares a Premium

Sage reported a solid first-half performance as the company continues to make its shift to cloud connected and/or native recurring revenue products. The first-half announcement was another good chance for relatively new CEO, Steve Hare, to outline his vision for the firm. Hare noted that Sage would be laser focused on three strategic initiatives: customer success, colleague success, and innovation. We remain cautious over the speed at which the firm can make the transition to a full-fledged clou...

Gregory Ramirez

SAGE GROUP: H1 FY19 results ahead of consensus; FY19 guidance globally unchanged | NEUTRAL | 610p

SAGE GROUP - NEUTRAL | 610p H1 FY19 results ahead of consensus; FY19 guidance globally unchanged Organic operating margin was ahead of consensus Growth was driven by North America and Intacct FY19 guidance is globally unchanged

Gregory Ramirez

SAGE GROUP: H1 FY19 meeting feedback: the only way is to the cloud | NEUTRAL | 710p vs. 610p (-5%)

SAGE GROUP - NEUTRAL | 710p vs. 610p (-5%) H1 FY19 meeting feedback: the only way is to the cloud The cloud strategy is advancing well Organic operating margin will be burdened by R&D in H2 Cash conversion will be lower in H2 FY19 We raise our Fair Value to 710p vs. 610p; Neutral reiterated

Andrew Lange

Morningstar | Sage Reports Solid First Half; Software Subscription Migration Remains Focal Point; Shares a Premium

Sage reported a solid first-half performance as the company continues to make its shift to cloud connected and/or native recurring revenue products. The first-half announcement was another good chance for relatively new CEO, Steve Hare, to outline his vision for the firm. Hare noted that Sage would be laser focused on three strategic initiatives: customer success, colleague success, and innovation. We remain cautious over the speed at which the firm can make the transition to a full-fledged cloud connected provider of software given prior underperformance and management turnover. However, with...

Andrew Lange

Sage Reports Solid First Half; Software Subscription Migration Remains Focal Point; Shares a Premium

Sage reported a solid first-half performance as the company continues to make its shift to cloud connected and/or native recurring revenue products. The first-half announcement was another good chance for relatively new CEO, Steve Hare, to outline his vision for the firm. Hare noted that Sage would be laser focused on three strategic initiatives: customer success, colleague success, and innovation. We remain cautious over the speed at which the firm can make the transition to a full-fledged clou...

Gregory Ramirez

SAGE GROUP: H1 FY19 results ahead of consensus; FY19 guidance globally unchanged | NEUTRAL | 610p

SAGE GROUP - NEUTRAL | 610p H1 FY19 results ahead of consensus; FY19 guidance globally unchanged Organic operating margin was ahead of consensus Growth was driven by North America and Intacct FY19 guidance is globally unchanged

Andrew Lange

Morningstar | Sage Releases Brief Q1 Trading Update; More Positive Evidence Needed; Shares Fairly Valued. See Updated Analyst Note from 17 Jan 2019

Sage released its brief first-quarter trading update that indicated a good start to the fiscal year and strong comparative performance from a year ago. Still, an easy comparison helped flatter the quarter’s performance, and the firm reiterated its full-year guidance that was given at the end of fiscal 2018. Our fair value estimate of GBX 615 remains unchanged for this narrow economic moat firm. We remain cautious over the speed at which the firm can make the transition to a full-fledged software-as-a-service provider given prior underperformance (resulted in the ousting of CEO Steven Kelly in ...

1 director bought

A director at Sage Group bought 44,000 shares at 591p and the significance rating of the trade was 87/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board member...

THE SAGE GROUP PLC. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of THE SAGE GROUP PLC. (GB), a company active in the Software industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 22, 2019, the closing price was GBp 663.80 and its potential was estimated at GBp 710.11.

Rob McDowell

Reduced Revenue Growth Expectations Reflect Our Concerns

Sage Group Plc

Sage Group Plc

Sage Group Plc

Sage Group PLC – Proxinvest Corporate Governance Rating ® : A

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Sage - February 27, 2019

Leadership ChangesStephen Kelly stepped down as a Director and CEO on 31 August 2018. Steve Hare was appointed CEO on 2 November 2018. No information regarding the succession process has been provided. Item 13: Approve the Remuneration ReportThis relates to Stephen Kelly, the former CEO. The structure of remuneration is generally satisfactory, though maximum total variable remuneration slightly exceeds guidelines. As no bonus was paid, the concerns over the overlap of performance conditions is slightly mitigated. The severance payment does not appear excessive, though this depends partially o...

Valérie GASTALDY

Analyse court terme - SAGE GROUP PLC : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 532,00 p. La tendance de fond serait remise en cause en cas de franchissement de 699,80 p.

Valérie GASTALDY

Short term view - SAGE GROUP PLC : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at 532.00 p. The background trend would be questioned should prices rise above 699.80 p.

Valérie GASTALDY

Analyse court terme - SAGE GROUP PLC : Le mouvement se poursuit.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 532,00 p, puis 460,60 p. Le franchissement de 699,80 p remettrait en cause la suite de la baisse.

Valérie GASTALDY

Short term view - SAGE GROUP PLC : The movement goes on.

The background trend is clearly bearish. The movement goes on. The next target is at 532.00 p, then 460.60 p. Passing 699.80 p would question the continuation of the fall.

Jérôme VINERIER

Analyse moyen terme - SAGE GROUP PLC : La tendance est baissière.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 510,90 p, puis 450,60 p. Le franchissement de 700,10 p remettrait en cause la suite de la baisse.

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