|Bid||771.80 x 0|
|Ask||772.40 x 0|
|Day's range||770.20 - 797.60|
|52-week range||556.00 - 862.20|
|Beta (5Y monthly)||0.53|
|PE ratio (TTM)||29.52|
|Earnings date||17 Nov 2021|
|Forward dividend & yield||0.18 (2.24%)|
|Ex-dividend date||13 Jan 2022|
|1y target est||836.25|
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The deal for Brightpearl, which provides operating systems to retailers and wholesalers, will be funded using existing cash and liquidity, London-listed Sage said. The British firm, whose own software helps small- and medium-sized businesses manage their accounts, payroll and other processes, said Brightpearl's sales are expected to grow 50% to $27 million this year with operating profit set to reach breakeven. "Bringing our two teams together will help combine the retail strength of Brightpearl and the scale, brand and financial expertise of Sage," Brightpearl Chief Executive Officer Derek O'Carroll said.