Computacenter (LON:CCC – Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 103 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Computacenter had a net margin of 1.79% and a return on equity of 14.84%.
Computacenter Stock Up 1.8%
Computacenter stock opened at GBX 5,260 on Wednesday. The company has a market cap of £5.52 billion, a P/E ratio of 36.15, a price-to-earnings-growth ratio of 6.99 and a beta of 0.95. The company has a fifty day simple moving average of GBX 4,877.47 and a 200 day simple moving average of GBX 4,056.25. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 22.53. Computacenter has a 1-year low of GBX 2,242 and a 1-year high of GBX 6,045.
Insider Activity
In other Computacenter news, insider Kelly Kuhn acquired 1,035 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was bought at an average cost of GBX 4,836 per share, with a total value of £50,052.60. Also, insider Keith Mortimer sold 283 shares of the stock in a transaction dated Thursday, July 16th. The shares were sold at an average price of GBX 4,550, for a total transaction of £12,876.50. 43.80% of the stock is owned by insiders.
Computacenter News Summary
- Positive Sentiment: Raised 2026 outlook: Computacenter increased its full-year adjusted pretax profit guidance after reporting strong demand, with AI-related customer spending providing an additional growth driver. Computacenter raises guidance after AI spending boost
- Positive Sentiment: First-half performance was robust: First-half revenue rose 71.6%, while the company’s bottom line also increased. Reports attributed the improvement to strong demand across the business, supporting the case for faster earnings growth. Computacenter H1 Revenue Rises 71.6% as Group Raises 2026 Profit Guidance
- Positive Sentiment: Analysts raised or maintained bullish views: Berenberg raised its price target from GBX 5,300 to GBX 6,500 and upgraded the shares to “buy.” Jefferies also reaffirmed its “buy” rating with a GBX 6,500 target, while JPMorgan maintained its positive stance and said the stock is expected to rise. The GBX 6,500 targets imply meaningful upside from the GBX 5,250 opening level referenced in the market update.
- Positive Sentiment: Computacenter is viewed as an AI beneficiary: JPMorgan’s sector commentary placed Computacenter among the leaders in benefiting from AI-related spending, contrasting it favorably with companies perceived to be lagging in AI adoption. JP Morgan downgrades Bytes over AI lag as Computacenter leads pack
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on CCC shares. JPMorgan Chase & Co. raised their price objective on shares of Computacenter from GBX 5,000 to GBX 6,000 and gave the stock an “overweight” rating in a research note on Monday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,500 target price on shares of Computacenter in a report on Tuesday. Finally, Berenberg Bank lifted their price target on shares of Computacenter from GBX 5,300 to GBX 6,500 and gave the company a “buy” rating in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Computacenter presently has a consensus rating of “Buy” and a consensus target price of GBX 5,675.
Read Our Latest Research Report on CCC
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.
Featured Articles
- Five stocks we like better than Computacenter
- 3 Stocks to Buy and Hold for Higher Interest Rates
- Lululemon’s Problems May Not Be a Warning for Every Athleticwear Stock
- Roper Technologies In Rebound and a Hot Buy Despite Insider Selling
- PayPal’s Takeover Story Ended, But Its Turnaround Story Didn’t
Receive News & Ratings for Computacenter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Computacenter and related companies with MarketBeat.com's FREE daily email newsletter.
