Shares of Softcat plc (LON:SCT – Get Free Report) have been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 1,910.
Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. upgraded Softcat to an “overweight” rating and lifted their target price for the stock from GBX 2,820 to GBX 2,950 in a research report on Thursday, December 4th. Shore Capital Group restated a “buy” rating on shares of Softcat in a research note on Thursday. Finally, Jefferies Financial Group reduced their price objective on shares of Softcat from GBX 1,500 to GBX 1,210 and set a “hold” rating for the company in a research note on Thursday.
Get Our Latest Stock Analysis on SCT
Softcat News Roundup
- Positive Sentiment: Company raised guidance as customers accelerate hardware refreshes and IT spend, supporting near‑term revenue visibility and margin leverage. Article Title
- Positive Sentiment: Shares jumped after management said AI is “reshaping customer priorities at pace,” suggesting sustained demand for Softcat’s services and higher‑margin projects. Article Title
- Positive Sentiment: Quarterly results: EPS GBX 36.10, ROE ~42.9% and a net margin ~9.1% — metrics that underline healthy profitability and cash generation for reinvestment or dividends. Article Title
- Positive Sentiment: Shore Capital reaffirmed its “buy” rating, providing broker support that may limit downside from negative headlines. Article Title
- Neutral Sentiment: Market commentary highlights Softcat as a FTSE 250 tech stock with growth, dividends and value — useful context for longer‑term investors but not an immediate catalyst. Article Title
- Neutral Sentiment: Coverage noting a 23% pullback frames the stock as beaten up yet still benefiting from stronger profit forecasts — signals higher volatility and potential bargain‑hunting interest. Article Title
- Negative Sentiment: Jefferies cut its price target sharply from GBX 1,500 to GBX 1,210 and moved to a “hold” rating — a material analyst downgrade that likely pressured the share price today. Article Title Read More.
Softcat Trading Down 0.8%
Softcat stock traded down GBX 10 during trading on Thursday, reaching GBX 1,246. 46,924,363 shares of the company were exchanged, compared to its average volume of 4,152,085. Softcat has a 52-week low of GBX 1,083 and a 52-week high of GBX 1,960. The company has a market capitalization of £2.45 billion, a P/E ratio of 18.82, a PEG ratio of 11.51 and a beta of 0.62. The stock’s 50 day simple moving average is GBX 1,260.17 and its two-hundred day simple moving average is GBX 1,424.14. The company has a debt-to-equity ratio of 10.39, a current ratio of 1.28 and a quick ratio of 1.38.
Softcat (LON:SCT – Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The company reported GBX 36.10 earnings per share (EPS) for the quarter. Softcat had a net margin of 9.12% and a return on equity of 42.93%. On average, equities research analysts expect that Softcat will post 60.72 earnings per share for the current fiscal year.
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. It also offers public cloud, collaboration, connectivity, data centre and private cloud, devices, and financial solution services. In addition, the company provides IT asset management, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application.
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