The Sage Group (LON:SGE) Given Hold Rating at Shore Capital

The Sage Group (LON:SGE - Get Free Report)'s stock had its "hold" rating reiterated by equities research analysts at Shore Capital in a research note issued on Thursday, MarketBeat.com reports.

Several other equities research analysts also recently issued reports on SGE. Citigroup restated a "buy" rating on shares of The Sage Group in a research report on Tuesday, January 7th. Canaccord Genuity Group lifted their price target on The Sage Group from GBX 970 ($11.92) to GBX 1,090 ($13.39) and gave the stock a "sell" rating in a report on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on The Sage Group from GBX 1,170 ($14.38) to GBX 1,350 ($16.59) and gave the company a "hold" rating in a research note on Friday, November 22nd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of GBX 3,446.67 ($42.35).

The Sage Group Stock Performance

Shares of LON SGE traded up GBX 4.03 ($0.05) during midday trading on Thursday, hitting GBX 1,336.62 ($16.42). 1,432,115 shares of the company's stock were exchanged, compared to its average volume of 14,515,719. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 115.72. The firm has a market capitalization of £13.32 billion, a PE ratio of 5,140.85, a price-to-earnings-growth ratio of 1.22 and a beta of 0.53. The Sage Group has a 12 month low of GBX 954.20 ($11.72) and a 12 month high of GBX 1,348 ($16.56). The company's 50 day moving average price is GBX 1,301.79 and its 200 day moving average price is GBX 1,123.83.

The Sage Group (LON:SGE - Get Free Report) last released its quarterly earnings data on Wednesday, November 20th. The company reported GBX 37.90 ($0.47) EPS for the quarter. The Sage Group had a net margin of 11.87% and a return on equity of 22.31%. As a group, analysts predict that The Sage Group will post 42.1496095 earnings per share for the current fiscal year.

Insider Buying and Selling at The Sage Group

In other The Sage Group news, insider Jonathan Howell sold 27,844 shares of the firm's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of GBX 1,310 ($16.10), for a total value of £364,756.40 ($448,158.74). Insiders own 1.08% of the company's stock.

The Sage Group Company Profile

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.