- Total revenue for Sage Group in the first quarter was GBP 612 million.
- Revenue from North America contributed GBP 279 million to the total.
- Revenue from the UK, Ireland, Africa, and the Asia-Pacific region collectively amounted to GBP 176 million.
- Europe generated GBP 157 million in revenue during the same period.
- The company remains confident in its full-year guidance, as previously announced in their FY24 results.
- Despite macroeconomic challenges, Sage reported a strong start to the year with revenue growth aligning with projections.
- Analyst recommendations for Sage Group include 11 buy ratings, 8 hold ratings, and 4 sell ratings.
A look at Sage Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, the long-term outlook for Sage Group appears positive. With a strong score in Growth and Momentum, the company is positioned well for future expansion and market performance. The high momentum score indicates that the company is likely experiencing positive trends and investor interest, which could contribute to its continued success.
While the Value, Dividend, and Resilience scores are more moderate, the overall outlook remains favorable, especially with the key strengths in Growth and Momentum. Sage Group, a software publishing company specializing in accounting and payroll software, seems poised for continued growth and market recognition in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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