Sage Group (The) PLC
SGE: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 222.00 | Qmvwdf | Tcsjkcdk |
Sage Group Still Overvalued Following Unsurprising First Quarter
Narrow-moat-rated Sage Group’s first-quarter trading update was reasonably brief and disclosure and management’s comments were reasonably guarded, as is usually case. First-quarter revenue was in line with our expectations and management maintained full-year guidance, that recurring revenue growth will be between 8% and 9%.