Should I buy or sell Softchoice stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Softchoice in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SFTC shares. View SFTC analyst ratings or view top-rated stocks .

What is Softchoice's stock price target for 2024?

6 brokers have issued 12 month target prices for Softchoice's stock. Their SFTC share price targets range from C$19.00 to C$26.00. On average, they anticipate the company's share price to reach C$21.00 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price. View analysts price targets for SFTC or view top-rated stocks among Wall Street analysts .

How have SFTC shares performed in 2023?

Softchoice's stock was trading at C$18.26 at the start of the year. Since then, SFTC shares have decreased by 6.9% and is now trading at C$17.00. View the best growth stocks for 2023 here .

Is Softchoice a good dividend stock?

Softchoice (TSE:SFTC) pays an annual dividend of C$0.44 per share and currently has a dividend yield of 2.60%. The dividend payout ratio is 43.56%. This payout ratio is at a healthy, sustainable level, below 75%.

How do I buy shares of Softchoice?

Shares of SFTC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Softchoice Stock Price, News & Analysis (TSE:SFTC)

C$17.00

+0.10 (+0.59%)

(As of 05:23 PM ET)

Compare

Today's Range: C$16.95
▼
C$17.43
50-Day Range: C$14.70
▼
C$18.92
52-Week Range: C$13.57
▼
C$20.42

Volume: 19,007 shs
Average Volume: 17,589 shs
Market Capitalization: C$1.01 billion

P/E Ratio: 16.83
Dividend Yield: 2.59%
Price Target: C$21.00

Stock Analysis Analyst Forecasts Chart Competitors Headlines

Softchoice MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 23.5% Upside
C$21.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.64 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Softchoice has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$21.00, Softchoice has a forecasted upside of 23.5% from its current price of C$17.00.
Amount of Analyst Coverage
Softchoice has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for SFTC.

1.7

Dividend Strength

Dividend Yield
Softchoice pays a meaningful dividend of 2.60%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Softchoice does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Softchoice is 43.56%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SFTC.

0.6

News and Social Media Coverage

Search Interest
3 people have searched for SFTC on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Softchoice insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Softchoice is held by insiders.
Percentage Held by Institutions
77.42% of the stock of Softchoice is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Softchoice is 16.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Softchoice is 16.83, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.27.
Price to Book Value per Share Ratio
Softchoice has a P/B Ratio of 20.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Softchoice Stock (TSE:SFTC)

Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software and hardware asset management solutions; network and security support solutions. It also provides cloud readiness, security technology, and cloud architecture reviews. Softchoice Corporation was incorporated in 1989 and is headquartered in Toronto, Canada.

SFTC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SFTC Stock News Headlines

November 9, 2023 | businesswire.com

Softchoice Named Cisco's Application Resiliency Partner of the Year at Cisco Partner Summit 2023

November 9, 2023 | finance.yahoo.com

Softchoice Announces Participation in Upcoming Investor Conferences in November

December 5, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 9, 2023 | finance.yahoo.com

Here's Why We Think Softchoice (TSE:SFTC) Is Well Worth Watching

November 9, 2023 | finance.yahoo.com

Softchoice Announces Third Quarter 2023 Results

September 28, 2023 | tmcnet.com

Softchoice Earns 2023 Great Place to Work Certifications in Canada and in the US

August 29, 2023 | technews.tmcnet.com

Softchoice Wins 2023 Google Cloud Sales Partner of the Year - Canada Award

July 23, 2023 | finance.yahoo.com

Softchoice Corporation (TSE:SFTC) Delivered A Better ROE Than Its Industry

December 5, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

July 7, 2023 | benzinga.com

Microsoft Canada Recognizes Softchoice as Winner of the 2023 National Large Solution Provider and National Cloud Solution Provider Impact Awards

June 16, 2023 | finance.yahoo.com

SFTC.TO - Softchoice Corporation

May 31, 2023 | stockhouse.com

Softchoice Corporation Reports AGM Voting Results and Completion of Leadership Transition

May 12, 2023 | finance.yahoo.com

Softchoice Announces First Quarter 2023 Results

April 17, 2023 | theglobeandmail.com

Closing Bell: Softchoice Corp down on Monday (SFTC)

April 11, 2023 | finance.yahoo.com

Softchoice Appoints Jonathan Roiter as Chief Financial Officer

April 7, 2023 | theglobeandmail.com

Closing Bell: Softchoice Corp down on Thursday (SFTC)

April 5, 2023 | msn.com

TFSA Investors: Where to Invest $6,500 This Year

April 3, 2023 | benzinga.com

Softchoice to Participate in Laurentian Bank Securities Investor Conference

March 26, 2023 | finance.yahoo.com

Private equity firms account for 47% of Softchoice Corporation's (TSE:SFTC) ownership, while institutions account for 31%

March 24, 2023 | technews.tmcnet.com

Softchoice Ranks on The Globe and Mail's Fourth Annual Women Lead Here Benchmark of Executive Gender Diversity

February 14, 2023 | finance.yahoo.com

Softchoice Announces 2023 Partner of the Year Award Winners

February 13, 2023 | finance.yahoo.com

Boasting A 28% Return On Equity, Is Softchoice Corporation (TSE:SFTC) A Top Quality Stock?

February 8, 2023 | finance.yahoo.com

Softchoice Announces Date of Fourth Quarter and Full Year 2022 Results

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Information Technology Services
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: TSE:SFTC
CUSIP: N/A
CIK: N/A
Web: www.softchoice.com
Phone: N/A
Fax: N/A
Employees: 2,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$21.00
High Stock Price Target: C$26.00
Low Stock Price Target: C$19.00
Potential Upside/Downside: +23.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.01
Trailing P/E Ratio: 16.83
Forward P/E Ratio: 9.44
P/E Growth: N/A
Net Income: C$45.21 million
Net Margins: 5.46%
Pretax Margin: N/A
Return on Equity: 104.21%
Return on Assets: 7.81%

Debt

Debt-to-Equity Ratio: 223.64
Current Ratio: 0.93
Quick Ratio: N/A

Sales & Book Value

Annual Sales: C$827.42 million
Price / Sales: 1.22
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: C$0.81 per share
Price / Book: 20.99

Miscellaneous

Outstanding Shares: 59,590,000
Free Float: N/A
Market Cap: C$1.01 billion
Optionable: Not Optionable
Beta: -0.15

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Key Executives

Mr. Vincent R. De Palma (Age 66)
Executive Chair
Comp: $828.53k
Mr. Andrew Silvio Caprara (Age 43)
CEO, President & Director
Comp: $505.24k
Mr. Jeff Knowlton
Senior Vice President of Sales
Ms. Karen Bernadette Scott (Age 51)
Senior Vice President of People & Culture
Comp: $402.24k
Mr. Jonathan Roiter
Chief Financial Officer
Mr. Tim Foran
Investor Relations Executive
Mr. Habeeb Syed (Age 43)
Senior VP of Legal, General Counsel & Corporate Secretary
Ms. Cheryl Stookes
Vice President of Marketing
Ms. Maria Odoardi (Age 53)
Chief of Staff & Senior VP of Organizational Effectiveness
Mr. Sean Denomey (Age 51)
Senior Vice President of Services & Customer Success

Key Competitors

View All Competitors

SFTC Stock Analysis - Frequently Asked Questions

Should I buy or sell Softchoice stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Softchoice in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SFTC shares.
View SFTC analyst ratings or view top-rated stocks.
What is Softchoice's stock price target for 2024?: 6 brokers have issued 12 month target prices for Softchoice's stock. Their SFTC share price targets range from C$19.00 to C$26.00. On average, they anticipate the company's share price to reach C$21.00 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price.
View analysts price targets for SFTC or view top-rated stocks among Wall Street analysts.
How have SFTC shares performed in 2023?: Softchoice's stock was trading at C$18.26 at the start of the year. Since then, SFTC shares have decreased by 6.9% and is now trading at C$17.00.
View the best growth stocks for 2023 here.

Is Softchoice a good dividend stock?: Softchoice (TSE:SFTC) pays an annual dividend of C$0.44 per share and currently has a dividend yield of 2.60%. The dividend payout ratio is 43.56%. This payout ratio is at a healthy, sustainable level, below 75%.
How do I buy shares of Softchoice?: Shares of SFTC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:SFTC) was last updated on 12/5/2023 by MarketBeat.com Staff

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Softchoice Stock Price, News & Analysis (TSE:SFTC)

Softchoice MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About Softchoice Stock (TSE:SFTC)

SFTC Stock Price History

SFTC Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

SFTC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™