Softcat plc (LON:SCT - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,861 ($25.25) and last traded at GBX 1,843.07 ($25.01), with a volume of 85213 shares changing hands. The stock had previously closed at GBX 1,820 ($24.69).
Analysts Set New Price Targets
SCT has been the subject of a number of recent research reports. Berenberg Bank reissued a "hold" rating and issued a GBX 1,600 ($21.71) target price on shares of Softcat in a report on Wednesday, March 19th. JPMorgan Chase & Co. lifted their price objective on Softcat from GBX 1,450 ($19.67) to GBX 1,759 ($23.87) and gave the stock a "neutral" rating in a research note on Thursday, March 20th. Finally, Shore Capital restated a "buy" rating on shares of Softcat in a report on Wednesday, March 19th.
Check Out Our Latest Analysis on SCT
Softcat Price Performance
The company's 50 day moving average price is GBX 1,713.64 and its 200-day moving average price is GBX 1,611.49. The stock has a market cap of £3.64 billion, a P/E ratio of 30.66, a P/E/G ratio of 11.51 and a beta of 0.71. The company has a quick ratio of 1.38, a current ratio of 1.60 and a debt-to-equity ratio of 3.48.
Softcat (LON:SCT - Get Free Report) last released its quarterly earnings data 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%. As a group, sell-side analysts expect that Softcat plc will post 60.72 earnings per share for the current year.
Softcat Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, May 21st. Investors of record on Thursday, April 10th were paid a GBX 8.90 ($0.12) dividend. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 0.53%. Softcat's payout ratio is 43.53%.
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.
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