SAGE GRP PLC/GDR (SGPYY) Forecasted to Earn FY2023 Earnings of $2.36 Per Share
SAGE GRP PLC/GDR (OTCMKTS:SGPYY) – Equities research analysts at Jefferies Financial Group issued their FY2023 earnings estimates for shares of SAGE GRP PLC/GDR in a research note issued to investors on Friday, January 11th. Jefferies Financial Group analyst V. Anand forecasts that the technology company will earn $2.36 per share for the year.
Several other brokerages have also recently weighed in on SGPYY. Goldman Sachs Group cut shares of SAGE GRP PLC/GDR from a “buy” rating to a “neutral” rating in a research report on Friday, November 30th. Zacks Investment Research cut shares of SAGE GRP PLC/GDR from a “hold” rating to a “sell” rating in a research report on Thursday, October 25th. Barclays cut shares of SAGE GRP PLC/GDR from an “equal weight” rating to a “sell” rating in a research report on Tuesday, October 9th. Finally, Deutsche Bank raised shares of SAGE GRP PLC/GDR from a “sell” rating to a “hold” rating in a research report on Wednesday, October 10th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. SAGE GRP PLC/GDR presently has an average rating of “Hold” and a consensus target price of $40.00.
The firm also recently declared a Semi-Annual dividend, which will be paid on Monday, March 18th. Investors of record on Friday, February 8th will be given a dividend of $0.499 per share. This is a boost from SAGE GRP PLC/GDR’s previous Semi-Annual dividend of $0.26. The ex-dividend date is Thursday, February 7th. SAGE GRP PLC/GDR’s dividend payout ratio (DPR) is 51.33%.
About SAGE GRP PLC/GDR
The Sage Group plc, together with its subsidiaries, provides technology solutions and services. It offers Sage business cloud accounting solution; Sage business cloud financials, a solution that provides real-time source of information; Sage business cloud people, a cloud HR and people system; Sage business cloud enterprise management, a solution for managing the business; and Sage Intacct, a solution for CFOs to access integrated management and financial reports across the business entities.
Read More: Depreciation
Receive News & Ratings for SAGE GRP PLC/GDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAGE GRP PLC/GDR and related companies with MarketBeat.com's FREE daily email newsletter.