Jacqui Ferguson Purchases 3,038 Shares of Softcat plc (LON:SCT) Stock

Softcat plc (LON:SCT) insider Jacqui Ferguson acquired 3,038 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The shares were acquired at an average cost of GBX 1,470 ($18.10) per share, for a total transaction of £44,658.60 ($54,977.96).

Softcat Stock Up 0.7 %

Softcat stock opened at GBX 1,505 ($18.53) on Thursday. Softcat plc has a fifty-two week low of GBX 1,372 ($16.89) and a fifty-two week high of GBX 1,855 ($22.84). The firm has a market capitalization of £3.00 billion, a price-to-earnings ratio of 2,687.50, a price-to-earnings-growth ratio of 11.51 and a beta of 0.71. The stock’s fifty day moving average is GBX 1,544.64 and its two-hundred day moving average is GBX 1,571.02. The company has a debt-to-equity ratio of 3.57, a quick ratio of 1.38 and a current ratio of 1.59.

Softcat (LON:SCT) last issued its quarterly earnings data on Thursday, October 24th. The company reported GBX 59.70 ($0.73) EPS for the quarter. Softcat had a net margin of 12.04% and a return on equity of 50.40%. Analysts predict that Softcat plc will post 60.72 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on SCT. Shore Capital restated a “buy” rating on shares of Softcat in a research report on Thursday, October 24th. Berenberg Bank reissued a “hold” rating and set a GBX 1,600 ($19.70) price objective on shares of Softcat in a report on Monday, October 28th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Softcat has a consensus rating of “Hold” and a consensus price target of GBX 1,457.50 ($17.94).

About Softcat

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.