Softcat plc (LON:SCT - Get Free Report) insider Graham Charlton acquired 9 shares of the company's stock in a transaction dated Monday, June 9th. The shares were purchased at an average cost of GBX 1,815 ($24.50) per share, for a total transaction of £163.35 ($220.53).
Softcat Price Performance
Shares of SCT stock traded down GBX 3 ($0.04) on Wednesday, reaching GBX 1,856 ($25.06). 190,474 shares of the company were exchanged, compared to its average volume of 953,616. Softcat plc has a 1 year low of GBX 1,427 ($19.27) and a 1 year high of GBX 1,869 ($25.23). The company has a debt-to-equity ratio of 3.48, a quick ratio of 1.38 and a current ratio of 1.60. The business has a 50-day moving average price of GBX 1,694.42 and a 200 day moving average price of GBX 1,606.46. The company has a market cap of £3.69 billion, a price-to-earnings ratio of 31.07, a P/E/G ratio of 11.51 and a beta of 0.71.
Softcat (LON:SCT - Get Free Report) last issued its quarterly earnings results on Wednesday, March 19th. The company reported GBX 28.70 ($0.39) EPS for the quarter. Softcat had a return on equity of 43.79% and a net margin of 12.37%. Equities research analysts forecast that Softcat plc will post 60.72 earnings per share for the current fiscal year.
Softcat Cuts Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, May 21st. Investors of record on Thursday, April 10th were given a dividend of GBX 8.90 ($0.12) per share. The ex-dividend date was Thursday, April 10th. This represents a yield of 0.53%. Softcat's payout ratio is 43.53%.
Analyst Ratings Changes
A number of equities research analysts have recently commented on SCT shares. JPMorgan Chase & Co. raised their target price on Softcat from GBX 1,450 ($19.58) to GBX 1,759 ($23.75) and gave the company a "neutral" rating in a research report on Thursday, March 20th. Berenberg Bank reissued a "hold" rating and issued a GBX 1,600 ($21.60) price objective on shares of Softcat in a report on Wednesday, March 19th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Softcat in a research note on Wednesday, March 19th.
Read Our Latest Report on SCT
About Softcat
(
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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.
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