Computacenter (LON:CCC) Releases Earnings Results

Computacenter (LON:CCC) posted its quarterly earnings data on Thursday. The company reported GBX 176.30 EPS for the quarter, Digital Look Earnings reports. Computacenter had a net margin of 2.31% and a return on equity of 16.35%.

Computacenter Stock Performance

Shares of Computacenter stock opened at GBX 3,038 on Friday. The business’s 50 day moving average price is GBX 3,129.66 and its 200 day moving average price is GBX 2,866.20. Computacenter has a one year low of GBX 2,072 and a one year high of GBX 3,410. The company has a debt-to-equity ratio of 22.16, a quick ratio of 0.95 and a current ratio of 1.22. The company has a market cap of £3.19 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 6.99 and a beta of 0.85.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Computacenter from GBX 3,300 to GBX 3,500 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. UBS Group reiterated a “buy” rating and issued a GBX 3,700 target price on shares of Computacenter in a report on Friday, January 23rd. Finally, Jefferies Financial Group boosted their price objective on Computacenter from GBX 3,300 to GBX 3,800 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Computacenter currently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,356.25.

Computacenter Company Profile

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.

Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.