Key Points
- Insider buying: Softcat director Kathryn Mecklenburgh purchased 7,352 shares on April 27 at GBX 1,365 (£100,354.80) and has made recent purchases totalling 31,826 shares across April and February, costing about £426,327.68 in aggregate.
- Analyst and market view: Shares trade around GBX 1,362 with a £2.67bn market cap; analysts give a "Moderate Buy" consensus (7 Buy, 1 Hold, 1 Sell) and an average price target of GBX 1,908.89, though targets range from GBX 1,210 (Jefferies) to GBX 1,900 (Berenberg).
Softcat plc (LON:SCT - Get Free Report) insider Kathryn Mecklenburgh purchased 7,352 shares of the firm's stock in a transaction dated Monday, April 27th. The stock was acquired at an average cost of GBX 1,365 per share, for a total transaction of £100,354.80.
Kathryn Mecklenburgh also recently made the following trade(s):
- On Thursday, April 23rd, Kathryn Mecklenburgh acquired 24,461 shares of Softcat stock. The shares were bought at an average price of GBX 1,332 per share, for a total transaction of £325,820.52.
- On Monday, February 9th, Kathryn Mecklenburgh acquired 13 shares of Softcat stock. The shares were bought at an average price of GBX 1,172 per share, for a total transaction of £152.36.
Softcat Stock Performance
Shares of Softcat stock opened at GBX 1,362 on Thursday. Softcat plc has a one year low of GBX 1,083 and a one year high of GBX 1,960. The company has a market cap of £2.67 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 11.51 and a beta of 0.48. The company has a debt-to-equity ratio of 13.07, a quick ratio of 1.38 and a current ratio of 1.25. The business's 50 day moving average price is GBX 1,218.24 and its 200 day moving average price is GBX 1,357.88.
Softcat (LON:SCT - Get Free Report) last posted its earnings results on Wednesday, March 18th. The company reported GBX 36.10 EPS for the quarter. Softcat had a return on equity of 45.16% and a net margin of 8.06%. On average, research analysts predict that Softcat plc will post 60.72 EPS for the current year.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. Jefferies Financial Group cut their price target 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. Shore Capital Group restated a "buy" rating on shares of Softcat in a report on Thursday, March 19th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 1,900 price target on shares of Softcat in a report on Thursday, March 19th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 1,908.89.
Read Our Latest Report on Softcat
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. 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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