Sage Shares Jump on Impressive Results
From Morningstar: 2024-11-20 12:09:02
Sage Group reported in-line revenue growth and fiscal 2025 guidance, with an impressive increase in operating margin that beat consensus, causing shares to surge 17% on Nov. 20. The fair value estimate is £10.00 with a Morningstar Rating of two stars and a narrow Economic Moat. Fiscal 2025 guidance includes organic revenue growth of 9% or more and a share buyback of GBP 400 million by June 2025.
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