||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Sophos Group Share Discussion Threads
Showing 126 to 149 of 150 messages
|Took a small position in SOPH recently.So far, so good .|
|This is one to get into ASAP
Could double by year end
Very impressive rise in SP|
|Citigroup reiterates BUY. Ups target price to 380p from 325p|
|Well it does a certain whiff about it: she bought on 17 March and the results are to be announced exactly two months later on 17 May. On that basis she didn´t deal in the closed period of two months. But she did deal a mere 21 days before the trading update.|
|of course she had an idea - it's why people follow director purchases and sells.|
|Super results and a clear breakout now. US buying still to come this afternoon.|
|That Vin Murria purchase on 17 March: I take it she had no inkling of today´s announcement when she made her purchase.|
|Vin Murria a new non-exec director bought 750,000 at 263.56p. £2m!!
IMHO I think she know what she is doing looking into her background. Smart cookie.|
|Huge sell on Friday ~13 million OTC trades.. But the price increased by 4.24%
So was this a buy order?|
|Down to 260p....one big seller this morning of 300K at 262.75p. Not broken bottom of trading range yet....should I buy or is there something else going on?|
|Bought in for chart breakout on high volume|
|A close above 278 is bullish...|
Sophos sees Q3 profit
Preliminary Q3 results from UK cyber security specialist Sophos were well received by the market with double digit billings growth, a return to quarterly operating profit and particularly strong cash generation. Looks like its cloud-based Sophos Central platform and Intercept X endpoint protection solution (which gained 3,300 clients in the quarter) was, as Sophos says, a "key driver" in its performance.
A trading update calculates that Sophos’ GAAP revenue grew 11% to US$135m yoy (13% at constant currency) with non-GAAP billings up 16% to US$164m (18%). Free cash flow increased 28% to US$181m and cash EBITDA grew 35% to US$49m.
The US$2m operating profit for the quarter gives particular cause for celebration following consecutive operating losses of US$13m (Q316), US$33m (FY16) and US$25m (H117). Sophos shares were up 8% @290p in early trading today.
Following its IPO in June 2015 @225p the company invested heavily in research and development to bring new products to market whilst changes to its billing model which shifted customers away from upfront capex fees and into recurring subscriptions have had an additional impact on its operations.
Sophos also announced it will pay US$100m to acquire US malware protection firm Invincea (which recorded billings of US$13.1m in its last financial year) and integrate its machine learning threat detection technology into Sophos’ own product lines. We think that enhanced portfolio looks strong going forward and addresses a segment of the enterprise market which we expect to expand as companies look for greater automation and shift more of their cyber security provision and management into cloud-hosted services.
Looks like Sophos is heading in the right direction.|
|I see this as good mid-term investment as we head into unchartered waters. Mid-teen % growth should underline the share performance|
|Yahoo 500m user data hack highlights how crucial this sector is.|
|£15 million fine + ongoing litigation costs will make a dent in profit and cashflow|
|SOPH are mentioned today in Shares magazine, "What to do with your ARM cash":
"Cyber security is a common theme that provides potential homes for ARM cash, with
FTSE 250 pair Sophos (SOPH) and NCC (NCC) both popular choices among investment experts."|
Broker views on SOPH......
Sophos Group broker views
Date Broker Recommendation Price Old target price New target price Notes
01 Jul 16 Morgan Stanley Overweight 206.20 350.00 350.00 Reiterates
30 Jun 16 JP Morgan Cazenove Overweight 206.20 - - Reiterates
30 Jun 16 Deutsche Bank Buy 206.20 272.00 272.00 Reiterates
30 Jun 16 Peel Hunt Buy 206.20 360.00 360.00 Reiterates|
|Sophos Group Plc SOPH JP Morgan Cazenove Overweight 210.90 197.20 - - Reiterates
Sophos Group Plc SOPH Deutsche Bank Buy 210.90 197.20 272.00 272.00 Reiterates
Sophos Group Plc SOPH Peel Hunt Buy 210.90 197.20 360.00 360.00 Reiterates|
|Ah, that probably explains the subdued performance. Broker forecasts:
Liberium BUY, tp=300p
Deutsche BUY, 272p
Citi BUY, 290p
Peel Hunt BUY, 360p
JP Morgan, OVERWEIGHT, 320p
Numis HOLD, 226p|
Maybe it´s not just a question of looking at the products but the whole package on offer in particular the managed services side of things.|
|A large transaction of just under 2m shares went through this morning at 190p. The weight of that dump has been depressing the share price of late but now that it has taken place the price is rising again.|
|Much hyped tech area: anti-virus, internet security et al, but can't see much special about Sophos that makes it stand out, or even stand, lol. Been watching for goodly time, but simply doesn't seem to have anything wow or watch-this-space about it; so now taken it off my watch list.|