Key Points
- Kathryn Mecklenburgh bought 24,461 shares of Softcat on April 23 at an average price of GBX 1,332 per share, a transaction totaling £325,820.52 (she also purchased 13 shares on Feb 9 at GBX 1,172).
- Analyst sentiment is largely positive, with a consensus "Moderate Buy" (seven Buys, one Hold, one Sell) and a consensus target price of GBX 1,908.89, while individual targets range from GBX 1,210 to GBX 1,900.
- Recent financials and valuation: last quarter EPS was GBX 36.10, return on equity 45.16% and net margin 8.06%; market cap ≈£2.61bn, P/E 18.97, and a 52-week range of GBX 1,083–1,960.
Softcat plc (LON:SCT - Get Free Report) insider Kathryn Mecklenburgh purchased 24,461 shares of the company's stock in a transaction on Thursday, April 23rd. The stock was acquired at an average price of GBX 1,332 per share, for a total transaction of £325,820.52.
Kathryn Mecklenburgh also recently made the following trade(s):
- On Monday, February 9th, Kathryn Mecklenburgh purchased 13 shares of Softcat stock. The stock was acquired at an average price of GBX 1,172 per share, for a total transaction of £152.36.
Softcat Price Performance
Shares of Softcat stock opened at GBX 1,330 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.38 and a debt-to-equity ratio of 13.07. The company's 50-day moving average price is GBX 1,199.60 and its two-hundred day moving average price is GBX 1,365.41. Softcat plc has a 52 week low of GBX 1,083 and a 52 week high of GBX 1,960. The stock has a market cap of £2.61 billion, a PE ratio of 18.97, a price-to-earnings-growth ratio of 11.51 and a beta of 0.48.
Softcat (LON:SCT - Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The company reported GBX 36.10 earnings per share (EPS) for the quarter. Softcat had a return on equity of 45.16% and a net margin of 8.06%. As a group, sell-side analysts anticipate that Softcat plc will post 60.72 EPS for the current fiscal year.
Wall Street Analyst Weigh In
SCT has been the topic of several recent analyst reports. Berenberg Bank restated a "buy" rating and set a GBX 1,900 price objective on shares of Softcat in a report on Thursday, March 19th. Jefferies Financial Group cut their price objective on Softcat from GBX 1,500 to GBX 1,210 and set a "hold" rating on the stock in a report on Thursday, March 19th. Finally, Shore Capital Group restated a "buy" rating on shares of Softcat in a report on Thursday, March 19th. Seven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,908.89.
Read Our Latest Report on Softcat
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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