|Bid||683.20 x 0|
|Ask||683.60 x 0|
|Day's Range||681.80 - 693.60|
|52 Week Range||7.32 - 826.00|
|Beta (5Y Monthly)||0.66|
|PE Ratio (TTM)||28.21|
|Earnings Date||May 13, 2020|
|Forward Dividend & Yield||0.17 (2.48%)|
|Ex-Dividend Date||May 21, 2020|
|1y Target Est||617.00|
More than £30 billion in company dividend cuts has left a huge hole in the pockets of U.K. investors in retirement and those who rely on it to top up their monthly income.
Sage Group's <SGE.L> sales to new customers in April were roughly half the level expected as it felt the effects of a sharp economic downturn caused by the coronavirus pandemic. The supplier of software to small and medium sized firms said on Wednesday its organic revenue growth rose 5.7% to 935 million pounds ($1.15 billion) and organic operating profit was up 3% to 213 million pounds for the six months to end-March. Sage said it still expected recurring revenue to grow in the full year, but it would not be at the 8% to 9% it had previously targeted.
(Bloomberg) -- Microsoft Corp. is in talks to buy Softomotive Ltd., a U.K.-based startup that makes software robots to automate tasks, according to people familiar with the matter.If talks are successful, a deal could be announced as soon as the coming weeks, said the people, asking not to be identified because the matter isn’t public. No final decision has been made and talks could still fall apart, they said.The terms of the deal being discussed couldn’t immediately be learned. Softomotive raised $25 million in 2018 from London-based investment firm Grafton Capital.Representatives for Microsoft and Softomotive declined to comment.Softomotive specializes in robot process automation technology, or software that helps companies save time and money by automating repetitive, manual tasks such as entering data into spreadsheets. The company’s products are used in the health-care, banking, insurance and telecommunications industries, according to its website.It competes with startups such as Automation Anywhere Inc. and UiPath, which was most recently valued at $7 billion and has been eyeing an initial public offering, Bloomberg News previously reported.Microsoft, one of the largest software companies in the world, posted better-than-expected quarterly results Wednesday, as increased remote work accelerated demand for its cloud-computing products. It said in November that it had added robotic process automation to its workflow product and has signed up customers.Softomotive was founded in 2005 in Greece and moved its headquarters to London in 2015. Its website states that it’s a gold partner to Microsoft.The former chief executive officer of U.K.-software firm Sage Group Plc, Guy Berruyer, was appointed chairman of the board last year.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Today we'll take a closer look at The Sage Group plc (LON:SGE) from a dividend investor's perspective. Owning a strong...
Sage (SGE.L), the market leader in cloud business management solutions, today announced that Sage Intacct has been named a Leader in the new IDC MarketScape: Worldwide SaaS and Cloud-Enabled Mid-Market Finance and Accounting Software Vendor Assessment (doc #US45837220, April 2020). Download an excerpt of the IDC MarketScape report with dedicated analysis on Sage Intacct. Sage Intacct was specifically recognized for being purpose built for finance professionals by finance experts, as well as for its micro-vertical focus.
Today, the Older Americans Act reauthorization was signed into law with provisions that will help ensure that LGBT elders get the services and support they need to remain independent. SAGE, the world’s largest and oldest organization dedicated to improving the lives of LGBT older people, has spent years working with our allies in Congress, the LGBT community, and the aging sector to push for this inclusion and celebrates this victory for the LGBT community. This legislation is especially timely given the sobering risks LGBT elders face during the current COVID-19 pandemic and their heightened need for inclusive services and care.
Today, three organizations serving vulnerable populations — Family Equality, True Colors United, and SAGE — sued the U.S. Department of Health and Human Services for its unlawful November 2019 announcement that it would stop enforcing anti-discrimination protections against federal grantees that deny services to, or otherwise discriminate against, individuals. The administration's unlawful action endangers already vulnerable populations, especially as the country confronts the coronavirus pandemic. As the coronavirus pandemic continues to spread rapidly throughout the U.S., LGBTQ individuals of all ages are left vulnerable by the Trump administration’s illegal action, which implicitly permits discrimination when providing critical services.
CONEXPO, March 10, 2020 (GLOBE NEWSWIRE) -- Sage (SGE.L), the market leader in cloud business management solutions, today announced the launch of Sage Intacct Construction. This new cloud financial management solution is designed to meet the unique needs of construction companies, by building the leading construction management functionality of Sage 300 Construction (formerly Sage Timberline) onto the Sage Intacct multi-tenant cloud platform.
Sage, the market leader in cloud business management solutions, today announced Sage X3, was named to the Constellation ShortList™ for Product-Centric Cloud ERP in Q1 2020. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopter and fast follower organizations.
Sage, the global leader in cloud business management solutions, today announced Gary Vaynerchuk will keynote at Sage Summit US, its flagship event, in Orlando, May 12-14. The Summit will deliver three days of industry insights, product innovation, and networking to help small and medium businesses thrive in a competitive world. "We have entered into an entirely new business era, one in which the companies that see the biggest returns will be those that care most about their customers,” said Gary Vaynerchuk.
Sage (SGE.L), the market leader in cloud business management solutions, is proud to announce today that following last year’s successful launch, it’s now welcoming nominations for the annual Sage Circle of Excellence Accounting Awards. “We’re thrilled to once again acknowledge the hard work and dedication so many of our accounting partners have shown to their profession, businesses, and communities,” said Paul Struthers, EVP and Managing Director, Sage Canada.
Sage (SGE.L), the leader in cloud business management solutions, today announced a new Sage Marketplace where a curated selection of Independent Software Vendors (ISVs) can showcase popular Apps that link to Sage Business Cloud solutions. This means that customers can enhance their Sage Business Cloud solutions with bespoke industry and vertical applications.
It looks like The Sage Group plc (LON:SGE) is about to go ex-dividend in the next 3 days. You can purchase shares...
Sage, a market leader in cloud business management solutions, today released a report examining how Canadian senior financial professionals are navigating through the risks and opportunities of digital transformation. The study found that while CFOs who embrace emerging technologies and data strategy are better positioned to drive change and growth across their organizations, 74% of respondents consider “modernizing business processes with technology” to be one of their biggest challenges. The report, CFO 3.0 Digital Transformation Beyond Financial Management, found that Canadian CFOs and senior financial professionals can no longer rely on making decisions based on historical data to respond to a VUCA (volatile, uncertain, complex and ambiguous) business environment.
Sage, the market leader in cloud business management solutions, today released a survey report detailing the impact of digital transformation on the finance department. The “CFO 3.0 – Digital Transformation Beyond Financial Management” report found that 98% of CFOs say their job has significantly changed in the past five years, with three-quarters citing that they now play a critical role in driving digitalization across their organizations.
The extensive training workshop for ages 13 to 17 helps the next generation address the future skills gap and develop ethical and responsible AI technology that solves a societal problem in their community. The week-long workshop at Banneker High School concluded Friday, with prototype presentations from students.
Sage (SGE.L), the market leader in cloud business management solutions, today announced that Sage Intacct was named a Leader in the new IDC MarketScape: Worldwide Subscription Management Applications 2019–2020 report (doc #US44867519, December 2019). Download an excerpt of the IDC MarketScape report with analysis on Sage Intacct. The need for subscription management applications has exploded as business models shift from products to subscription services.
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...
Sage (SGE.L), the market leader in cloud business management solutions, today announced the winners of its Sage Platinum Elite award program. The top partners have been recognized for their outstanding contribution to accelerating the Sage SaaS vision by making customers successful and will be rewarded with a prestigious trip of a lifetime, to Nevis, in the West Indies.
Sage (SGE.L), the market leader in cloud business management solutions, and ToolWatch, a leading provider of equipment, tool, and materials management systems, today announced the launch of Sage ToolOps. Sage ToolOps is powered by ToolWatch, a next-generation, cloud-based platform that offers an automated solution for construction companies to keep better track of their equipment, materials and supplies. Sage ToolOps helps construction companies reduce labor costs by streamlining their operations to improve visibility, accountability, and profitability related to tool, equipment and consumables management.