Sage Group (The)
SGE: 625.32 0.00 (0.00%)
| Bid Price | 0.00 | High Price | 0.00 |
|---|---|---|---|
| Ask Price | 0.00 | Low Price | 0.00 |
| Open Price | 0.00 | Spread | 0.00% |
| Prev Close | 625.00 | Volume | 0.00 |
Sage Group (The) Share Price Chart
Intraday
Historic – 1 year
Sage Group (The) Share Price Information
| Name | Sage Group (The) | Epic | SGE |
|---|---|---|---|
| Sector | Software & Computer Services | ISIN | GB00B8C3BL03 |
| Activites | Sage is a world-leading supplier of accounting and business management software to small and medium-sized enterprises. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 0.00 | Net Gearing (%) | 50.39 |
|---|---|---|---|
| Market Cap (£m) | 6,777.28 | Gross Gearing (%) | 60.35 |
| Shares in issue (m) | 1,080.04 | Debt Ratio | 36.85 |
| P/E Ratio | 32.55 | Debt-to-Equity Ratio | 0.38 |
| Divs per share (p) | 14.15 | Assets / Equity Ratio | 2.52 |
| Dividend Yield (%) | 2.26 | Price to book value | 6.43 |
| Dividend Cover | 2.23 | SROCE (%) | 16.46 |
| Earning per share (p) | 19.28 | EPS Growth (%) | 6.46 |
| 52-week high / low (p) | 797.00 / 543.00 | DPS Growth (%) | 8.02 |
Sage Group (The) Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 08 Dec | JP Morgan Cazenove | Overweight | 625.32 | Reiterates | ||
| 01 Dec | Numis | Hold | 625.32 | 687.00 | Retains | |
| 01 Dec | Canaccord Genuity | Hold | 625.32 | 650.00 | 650.00 | Retains |
| 01 Dec | Exane BNP Paribas | Neutral | 625.32 | 604.00 | 616.00 | Reiterates |
| 01 Dec | JP Morgan Cazenove | Overweight | 625.32 | 700.00 | 730.00 | Reiterates |
Sage Group (The) Director Deals
Sage Group (The) Company News
Big banks rally FTSE 100
The FTSE 100 jumped 1.5% to 6,879 as banking stocks continued its rally this week.
UK banks Royal Bank of Scotland (RBS), Barclays (BARC) and HSBC (HSBA) advanced by over 3%.
Miners and insurers also added to the FTSE’s strength.
West Texas Intermediate and Brent crude oil rose 0.3% to $51 and $54 per barrel, respectively.
Gold nudged higher to $1,170 per ounce and copper climbed 0.5% to $5,908 per tonne.
Manufacturing production in the UK declined by 1.3% compared with September 2016, according to the Office for National Statistics. Weakness was noted in the oil, gas and pharmaceuticals sectors.
FTSE 100 RISERS AND FALLERS
Accounting software supplier Sage (SGE) confirmed speculation it is considering potential strategic options for its North American payments business, but this failed to move the stock.
FTSE 250 RISERS AND FALLERS
Building support services company Carillion (CLLN) slumped 3.6% to 246p as the pace of new orders slowed in the second half of the year. This was partly due to spending delays by the Government following the Brexit vote.
British transport company Stagecoach (SGC) accelerated 2.9% after maintaining its annual earnings outlook despite lower bus profits in the first half. The firm said it planned to hike its dividend to reflect its confidence in future appetite for public transport.
SMALL CAP RISERS AND FALLERS
Investment holding company Mineral & Financial Investments (MAFL) reported that 49%-owned TH Crestgate completed a geological re-interpretation of four historic drill holes at a Portuguese project. This revealed long intersections of copper rich polymetallic mineralisation, which caused shares to soar 19.5% to 6.28p.
Posh wellies seller Joules (JOUL) fell 5.4% to 191.5p despite a reassuring trading update. It said group revenue increased by 16.2% to £81.4m in the half year to 27 November.
Medical company LiDCo (LID) launched a 14.3% discounted cash call for £3m of funding.
Story provided by StockMarketWire.com
FTSE nips higher on miners, property, financials
London equities are firmly ahead in early deals, with blue chips led up by bullish turns higher among miners. Commercial property and several financials were also notable gainers.
At about 8.34am, WTI crude was down 0.77% to $50.54/bbl and Brent was down 0.76% to $53.52/bbl. Gold was up 0.17% to $1172.1/oz.
Soon after the open, FTSE 100 was up 60.17 points, or 0.89%, to 6480.01, while FTSE 250 added 71.77, or 0.41%, to 17,523.9.
Antofagasta (ANTO), up 4.81% to 762.5p, led the roughly 77 blue chips gaining, and was trailed by Rio Tinto (RIO), up 4.19% to 3148.25p, and Anglo American (AAL), ahead 3.2% to 1232.75p.
British Land (BLND), up 2.64% to 612.75p, led commercial property up, and was followed by Land Securities (LAND), ahead 1.93% to 987.75p. More in the sector chased.
Also up were multiple lenders after Standard Chartered (STAN), up 3.49% to 679.9p, and insurers behind Old Mutual (OML), rising 1.62% to 190.95p.
Other sectors on the up included supermarkets, high-street retail, oil, telecoms and house builders. To the downside, WPP (WPP) guided with a 2.04% fall to 1659.5p.
Thereafter the story-line was studded with US rates-sensitive utilities behind United Utilities (UU), down 0.95% to 860.75p. A number of pharmas fell after Shire (SHP), off 1.04% to 4513.5p.
Sage (SGE), up 0.44% to 622.25p, noted media speculation and confirmed it was evaluating potential strategic options for its North American payments business, including a sale.
BIGGER MOVERS
Mineral & Financial (MAFL), up 19.05% to 6.25p, said re-testing of historical holes at Lagoa Salgada has revealed 93m of mineralisation containing 2.85% copper equivalent, and points to a new geological structure.
LiDCO (LID), down 12.5% to 6.12p, has conditionally raised £3.0m gross via a placing and subscriptions at 6p a share. Both require shareholder approval.
Redhall (RHL), up 7.35% to 9.13p, has materially improved its FY pretax loss from continuing operations to £1.1m, from a loss of £3.6m. Revenue was £43.8m, from £44.7m.
LONDON HIGHLIGHTS
Ironveld (IRON), up 5.88% to 4.5p, has posted a FY operating loss of £494,000, down from £520,000 last time. The loss before tax was £0.6m (2015: £0.6m) and cash balances were £0.1m (2015: £1.4m).
Croma Security Solutions (CSSG), up 5.17% to 30.5p, has won a three-year contract worth £490,000 a year with The National Army Museum. Milestone (MSG), down 5.26% to 0.45p, said it intends to pursue a company placee relating to outstanding proceeds from its October placing, and unveiled some details of a new placing.
Private & Commercial Finance (PCF), up 5.17% to 30.5p, was advised on 6 December 2016 that its application for a Banking Licence has been successful and has been approved by the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA).
Tertiary Minerals (TYM), up 4.44% to 1.18p, has entered into a non-binding Heads of Terms to acquire land and historic mine workings on its Lassedalen fluorspar project in Norway from global aluminium company, Hydro.
Carillion (CLLN), down 3.81% to 246.35p, said its performance is meeting forecasts and it expects strong growth in total revenue and increased operating profit. Kodal Minerals (KOD), up 3.03% to 0.09p, said first rock-chip assay results confirm high-grade lithium mineralisation at the Bougouni lithium project.
Prospex Oil & Gas (PXOG), down 2.98% to 2.28p, has appointed Strand Hanson Ltd as its Nominated and Financial Adviser with immediate effect. Be Heard (BHRD), up 2.94% to 3.5p, has acquired Kameleon Worldwide Ltd, an award-winning content marketing agency.
Stagecoach (SGC), up 1.7% to 209.2p, has posted an H1 pretax profit of £89.5m, from £90.8m. Its expectation for 2016/17 adjusted earnings per share was broadly unchanged, it said. Interim dividend was 14.4p a share, from 17.09p.
Inmarsat (ISAT), up 1.14% to 707p, has signed a contract with Air New Zealand to provide Global Xpress (GX) connectivity across the airline’s long-haul and short-haul fleets.
Other stocks in the news included John Lewis of Hungerford (JLH), Porta Communications (PTCM), SerVision (SEV), AB Dynamics (ABDP), Oakley Capital Investments (OCL), Numis (NUM), Joules (JOUL), Tethyan (TETH), Bluefield Solar Income (BSIF), Arrow Global (ARW), Kromek (KMK) and The Monks Investment Trust (MNKS).
Story provided by StockMarketWire.com
Sage comments on press speculation
The Sage Group notes recent media speculation and confirms that it is evaluating potential strategic options for its North American payments business, including a sale.
“There can be no certainty that this evaluation will lead to any transaction,” it said in a statement.
Story provided by StockMarketWire.com
FLASH: Sage Group comments on press speculation
Story provided by StockMarketWire.com
Broker Forecast – Numis issues a broker note on Sage Group (The) PLC
Numis today reaffirms its hold investment rating on Sage Group (The) PLC (LON:SGE) and set its price target at 687p.
Story provided by StockMarketWire.com