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

Softcat plc (LON:SCT) insider Jacqui Ferguson purchased 3,038 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was bought at an average price of GBX 1,470 ($18.12) per share, for a total transaction of £44,658.60 ($55,059.30).

Softcat Price Performance

Shares of SCT opened at GBX 1,495 ($18.43) on Wednesday. The company has a debt-to-equity ratio of 3.57, a quick ratio of 1.38 and a current ratio of 1.59. The company has a 50 day moving average price of GBX 1,548.10 and a 200-day moving average price of GBX 1,573.01. Softcat plc has a fifty-two week low of GBX 1,362 ($16.79) and a fifty-two week high of GBX 1,855 ($22.87). The stock has a market capitalization of £2.98 billion, a PE ratio of 2,669.64, a PEG ratio of 11.51 and a beta of 0.71.

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

Softcat Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 17th. Stockholders of record on Thursday, November 7th were given a GBX 39 ($0.48) dividend. The ex-dividend date was Thursday, November 7th. This represents a dividend yield of 2.55%. This is an increase from Softcat’s previous dividend of $8.50. Softcat’s payout ratio is presently 4,642.86%.

Analyst Ratings Changes

Several equities research analysts have issued reports on SCT shares. Shore Capital reissued a “buy” rating on shares of Softcat in a research report on Thursday, October 24th. Berenberg Bank reissued a “hold” rating and issued a GBX 1,600 ($19.73) price objective on shares of Softcat in a research note on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 1,457.50 ($17.97).

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.