Key Points
- Kathryn Mecklenburgh, a Softcat insider, bought 13 shares on Feb 9 at GBX 1,172 (total £152.36) and previously bought 11 shares on Jan 7 at GBX 1,380 (total £151.80), reflecting small-scale insider purchases.
- Softcat's stock has a market cap of £2.27bn and a P/E of 17.3, trading around GBX 1,146 (close to its 52-week low of GBX 1,135) versus a 52-week high of GBX 1,960.
- Analysts are mixed—six Buy, one Hold and two Sell—giving a MarketBeat consensus rating of Hold with an average target price of GBX 1,902.22, substantially above the current level.
Softcat plc (LON:SCT - Get Free Report) insider Kathryn Mecklenburgh bought 13 shares of the business's stock in a transaction that occurred on Monday, February 9th. The stock was acquired at an average cost of GBX 1,172 per share, with a total value of £152.36.
Kathryn Mecklenburgh also recently made the following trade(s):
- On Wednesday, January 7th, Kathryn Mecklenburgh purchased 11 shares of Softcat stock. The stock was acquired at an average price of GBX 1,380 per share, for a total transaction of £151.80.
Softcat Price Performance
Softcat stock opened at GBX 1,146 on Wednesday. Softcat plc has a 52-week low of GBX 1,135 and a 52-week high of GBX 1,960. The company has a quick ratio of 1.38, a current ratio of 1.60 and a debt-to-equity ratio of 3.48. The firm's fifty day moving average is GBX 1,408.41 and its 200 day moving average is GBX 1,504.17. The company has a market cap of £2.27 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 11.51 and a beta of 0.71.
Wall Street Analyst Weigh In
Several research analysts recently commented on SCT shares. Shore Capital Group reiterated a "buy" rating and issued a GBX 1,925 price target on shares of Softcat in a research report on Wednesday, October 22nd. Peel Hunt reaffirmed a "buy" rating and issued a GBX 2,135 price objective on shares of Softcat in a research note on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft upgraded Softcat to a "buy" rating and lifted their target price for the stock from GBX 1,830 to GBX 1,900 in a report on Thursday, October 23rd. 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. Finally, Jefferies Financial Group raised their price target on Softcat from GBX 1,400 to GBX 1,450 and gave the stock an "underperform" rating in a research report on Thursday, October 23rd. 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 has a consensus rating of "Hold" and an average target price of GBX 1,902.22.
Get Our Latest Analysis on SCT
About Softcat
(
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. It also offers public cloud, collaboration, connectivity, data centre and private cloud, devices, and financial solution services. In addition, the company provides IT asset management, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application.
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