Computacenter (LON:CCC) Releases Quarterly Earnings Results

Computacenter (LON:CCC) announced its quarterly earnings results on Tuesday. The company reported GBX 103 EPS for the quarter, Digital Look Earnings reports. Computacenter had a return on equity of 14.84% and a net margin of 1.79%.

Computacenter Stock Up 1.8%

Shares of CCC traded up GBX 95 during midday trading on Wednesday, hitting GBX 5,260. The company had a trading volume of 1,755,683 shares, compared to its average volume of 1,539,450. Computacenter has a 1 year low of GBX 2,242 and a 1 year high of GBX 6,045. The firm has a market capitalization of £5.52 billion, a P/E ratio of 36.15, a P/E/G ratio of 6.99 and a beta of 0.95. The company has a debt-to-equity ratio of 22.53, a quick ratio of 0.94 and a current ratio of 1.17. The company’s 50-day simple moving average is GBX 4,877.47 and its 200-day simple moving average is GBX 4,056.25.

Wall Street Analyst Weigh In

CCC has been the subject of a number of recent analyst reports. Berenberg Bank raised their price objective on Computacenter from GBX 5,300 to GBX 6,500 and gave the stock a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. increased their target price 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. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 6,500 price target on shares of Computacenter in a research report on Tuesday. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 5,675.

Key Computacenter News

Here are the key news stories impacting Computacenter this week:

• Positive Sentiment: Higher profit outlook: Computacenter raised its forecast for 2026 adjusted pretax profit, citing strong customer demand and increased investment in artificial intelligence. Computacenter stock rises on higher profit guidance
• Positive Sentiment: Strong first-half performance: First-half revenue rose 71.6%, while the company’s bottom line also increased. The results indicate that demand for Computacenter’s technology products and services remains resilient. Computacenter H1 Revenue Rises 71.6% as Group Raises 2026 Profit Guidance
• Positive Sentiment: AI spending is supporting growth: Reports said rising customer investment in AI helped drive the improved outlook, strengthening the growth case for Computacenter. Computacenter raises guidance after AI spending boost
• Positive Sentiment: Analyst support increased: Berenberg raised its price target from GBX 5,300 to GBX 6,500 and initiated a “buy” rating. Jefferies also reaffirmed its “buy” rating with a GBX 6,500 target, while JPMorgan maintained a positive view. These targets imply continued confidence in earnings momentum. J.P. Morgan Remains a Buy on Computacenter
• Neutral Sentiment: Valuation remains a consideration: With the shares near their 52-week high and trading at a relatively elevated earnings multiple, further gains may depend on Computacenter delivering the upgraded profit expectations.

Insider Buying and Selling

In other news, insider Kelly Kuhn bought 1,035 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were purchased at an average cost of GBX 4,836 per share, for a total transaction of £50,052.60. Also, insider Keith Mortimer sold 181 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of GBX 4,608, for a total transaction of £8,340.48. 43.80% of the stock is currently owned by corporate insiders.

About Computacenter

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.