Key Points
- Insider sales: Softcat insider Graham Charlton sold 9,937 shares on Dec 11 at GBX 1,429 for £141,999.73 and sold a further 15,919 shares on Dec 12 at GBX 1,456 for £231,780.64.
- Stock and analyst snapshot: Softcat opened at GBX 1,457 (up 0.7%), has a £2.91bn market cap, P/E of 22.01 and a 52-week range of GBX 1,393–1,960, with analysts holding an average "Hold" rating and a consensus target of GBX 1,902.22.
Softcat plc (LON:SCT - Get Free Report) insider Graham Charlton sold 9,937 shares of the company's stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of GBX 1,429, for a total value of £141,999.73.
Graham Charlton also recently made the following trade(s):
- On Friday, December 12th, Graham Charlton sold 15,919 shares of Softcat stock. The stock was sold at an average price of GBX 1,456, for a total transaction of £231,780.64.
Softcat Trading Up 0.7%
SCT opened at GBX 1,457 on Tuesday. Softcat plc has a fifty-two week low of GBX 1,393 and a fifty-two week high of GBX 1,960. The company has a debt-to-equity ratio of 3.48, a current ratio of 1.60 and a quick ratio of 1.38. The firm has a market capitalization of £2.91 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 11.51 and a beta of 0.71. The company's 50 day moving average price is GBX 1,508.98 and its two-hundred day moving average price is GBX 1,601.44.
Softcat (LON:SCT - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The company reported GBX 69.50 earnings per share (EPS) for the quarter. Softcat had a net margin of 12.37% and a return on equity of 43.79%. As a group, research analysts predict that Softcat plc will post 60.72 earnings per share for the current year.
Analyst Ratings Changes
Several brokerages recently issued reports on SCT. Deutsche Bank Aktiengesellschaft raised Softcat to a "buy" rating and raised their target price for the stock from GBX 1,830 to GBX 1,900 in a research report on Thursday, October 23rd. JPMorgan Chase & Co. upgraded Softcat to an "overweight" rating and raised their price objective for the stock from GBX 2,820 to GBX 2,950 in a research report on Thursday, December 4th. Shore Capital reaffirmed a "buy" rating and issued a GBX 1,925 price objective on shares of Softcat in a research note on Wednesday, October 22nd. Citigroup decreased their target price on shares of Softcat from GBX 2,000 to GBX 1,960 and set a "buy" rating for the company in a research report on Tuesday, August 19th. Finally, UBS Group restated a "sell" rating and set a GBX 1,400 price target on shares of Softcat in a report on Friday, October 17th. Six analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Softcat presently has an average rating of "Hold" and a consensus price target of GBX 1,902.22.
Read Our Latest Stock Analysis on SCT
Softcat Company Profile
(
Get Free Report)
Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations.
Further Reading
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