Computacenter (LON:CCC) Releases Quarterly Earnings Results

Computacenter (LON:CCC) issued its quarterly earnings data on Wednesday. The company reported GBX 161.50 ($2.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Computacenter had a return on equity of 17.61% and a net margin of 2.64%.

Computacenter Trading Up 2.5 %

LON:CCC opened at GBX 2,656 ($34.53) on Wednesday. Computacenter has a twelve month low of GBX 2,020 ($26.26) and a twelve month high of GBX 3,004 ($39.05). The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.47. The business has a 50 day moving average price of GBX 2,209.22 and a two-hundred day moving average price of GBX 2,287.53. The company has a market cap of £2.82 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71.

Computacenter Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, June 5th will be given a dividend of GBX 474 ($6.16) per share. The ex-dividend date is Thursday, June 5th. This represents a yield of 1.83%. This is an increase from Computacenter’s previous dividend of $23.30. Computacenter’s dividend payout ratio is 47.51%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,400 ($44.20) price objective on shares of Computacenter in a research report on Tuesday, December 17th. Berenberg Bank reiterated a “hold” rating and issued a GBX 2,425 ($31.53) price objective on shares of Computacenter in a research report on Tuesday.

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.