The Sage Group plc (LON:SGE – Get Rating) announced a dividend on Friday, May 13th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 26th will be paid a dividend of GBX 6.30 ($0.08) per share on Friday, June 17th. This represents a dividend yield of 0.95%. The ex-dividend date is Thursday, May 26th. The official announcement can be seen at this link.
Shares of SGE stock opened at GBX 689.60 ($8.50) on Friday. The company has a market capitalization of £7.02 billion and a price-to-earnings ratio of 26.42. The Sage Group has a one year low of GBX 627.80 ($7.74) and a one year high of GBX 862.20 ($10.63). The company’s fifty day moving average price is GBX 702.74 and its 200-day moving average price is GBX 741.17. The company has a debt-to-equity ratio of 73.27, a current ratio of 0.67 and a quick ratio of 0.58.
SGE has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of The Sage Group in a research report on Tuesday, February 8th. Barclays raised their price objective on shares of The Sage Group from GBX 720 ($8.88) to GBX 730 ($9.00) and gave the company an “underweight” rating in a research report on Tuesday, April 12th. Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 760 ($9.37) target price on shares of The Sage Group in a research note on Tuesday, February 1st. Shore Capital raised shares of The Sage Group to a “buy” rating in a research note on Wednesday, March 2nd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of The Sage Group in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 730.83 ($9.01).
The Sage Group Company Profile (Get Rating)
The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in North America, Northern Europe, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software products and financial management solutions; Sage People, a cloud HR and people management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to remotely manage customer data, accounts, and people; Sage Payroll, a cloud-based payroll solution; and Sage HR, a HR management solution.
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