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

Softcat plc (LON:SCT) insider Jacqui Ferguson purchased 3,038 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was acquired at an average price of GBX 1,470 ($18.16) per share, with a total value of £44,658.60 ($55,161.31).

Softcat Stock Performance

Shares of SCT stock opened at GBX 1,514 ($18.70) on Friday. The company has a market capitalization of £3.02 billion, a price-to-earnings ratio of 2,703.57, a price-to-earnings-growth ratio of 11.51 and a beta of 0.71. 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 plc has a one year low of GBX 1,380 ($17.05) and a one year high of GBX 1,855 ($22.91). The company’s 50-day moving average is GBX 1,544.64 and its 200 day moving average is GBX 1,571.02.

Softcat (LON:SCT) last posted its quarterly earnings results on Thursday, October 24th. The company reported GBX 59.70 ($0.74) EPS for the quarter. Softcat had a net margin of 12.04% and a return on equity of 50.40%. Sell-side analysts expect that Softcat plc will post 60.72 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SCT. Shore Capital restated a “buy” rating on shares of Softcat in a report on Thursday, October 24th. Berenberg Bank reissued a “hold” rating and issued a GBX 1,600 ($19.76) price target on shares of Softcat in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Softcat presently has an average rating of “Hold” and an average price target of GBX 1,457.50 ($18.00).

Softcat Company Profile

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.