Computacenter (LON:CCC) Posts Quarterly Earnings Results

by · The Cerbat Gem

Computacenter (LON:CCC – Get Free Report) announced its quarterly earnings data on Thursday. The company reported GBX 176.30 earnings per share for the quarter, Digital Look Earnings reports. Computacenter had a net margin of 1.79% and a return on equity of 14.84%.

Computacenter Price Performance

Shares of CCC opened at GBX 3,014 on Friday. The firm has a fifty day simple moving average of GBX 3,131.42 and a two-hundred day simple moving average of GBX 2,870.54. The firm has a market cap of £3.16 billion, a PE ratio of 20.57, a P/E/G ratio of 6.99 and a beta of 0.85. The company has a current ratio of 1.17, a quick ratio of 0.95 and a debt-to-equity ratio of 22.53. Computacenter has a 1-year low of GBX 2,072 and a 1-year high of GBX 3,410.

Analysts Set New Price Targets

A number of analysts have commented on CCC shares. UBS Group reissued a “buy” rating and issued a GBX 3,700 target price on shares of Computacenter in a report on Friday, January 23rd. JPMorgan Chase & Co. upped their price target on Computacenter from GBX 3,300 to GBX 3,500 and gave the company an “overweight” rating in a report on Friday, January 23rd. Finally, Jefferies Financial Group increased their price objective on Computacenter from GBX 3,300 to GBX 3,800 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,356.25.

View Our Latest Analysis on Computacenter

About Computacenter

(Get Free Report)

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.

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