Sage Group PLC (LON:SGE) Share Price

Name: Sage Group PLC (LON:SGE)
Description: Sage (LON:SGE) is a high-quality business. A provider of cloud-based accounting and payroll solutions, it generates both a high level of recurring revenues and a high return on capital. Now, Sage shares have had a strong run recently. As a result, they currently have quite a lofty valuation. However, investors shouldn’t see the valuation as a deal-breaker. With the software company generating solid top- and bottom-line growth at present, there’s no reason why its share price can’t continue to climb. 20/11/23
Summary
Today’s Sage Group PLC (LON:SGE) share price is 1,151.5p (as of 01/12/2023 16:45) which is a change of 21 or 1.86% from the last closing price of 1,151.5 with 3,300,093 shares traded giving Sage Group PLC (LON:SGE) a market capitalisation of £11,809,691,880. The most recent daily high has been 1,154 and daily low 1,133. The Sage Group PLC (LON:SGE) share price 52 week high has been 1,154 and the 52 week low 725.4. Based on the most recent Sage Group PLC (LON:SGE) share price opening of 1,151.5, the current Sage Group PLC (LON:SGE) EPS (earnings per share) are 0.2 and the PE (price earnings ratio) is 56.54.
Pros
- High level of recurring revenues
- Strong return on capital
- Good revenue growth track record
Cons
- High valuation
- Vulnerable to an economic slowdown
- New competitors emerging
-
Outlook