Softcat (LON:SCT) Posts Quarterly Earnings Results

Softcat (LON:SCT) issued its earnings results on Wednesday. The company reported GBX 28.70 ($0.37) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Softcat had a net margin of 12.37% and a return on equity of 43.79%.

Softcat Stock Performance

LON:SCT opened at GBX 1,814 ($23.58) on Wednesday. The stock has a market cap of £3.61 billion, a P/E ratio of 30.37, a price-to-earnings-growth ratio of 11.51 and a beta of 0.71. The firm’s fifty day simple moving average is GBX 1,546.56 and its 200 day simple moving average is GBX 1,561.53. Softcat has a twelve month low of GBX 1,415 ($18.40) and a twelve month high of GBX 1,855 ($24.12). The company has a quick ratio of 1.38, a current ratio of 1.60 and a debt-to-equity ratio of 3.48.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Softcat in a report on Wednesday.

Insider Activity at Softcat

In related news, insider Jacqui Ferguson purchased 3,038 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The shares were acquired at an average price of GBX 1,470 ($19.11) per share, for a total transaction of £44,658.60 ($58,058.50). Also, insider Graham Charlton sold 15,380 shares of Softcat stock in a transaction on Thursday, January 16th. The shares were sold at an average price of GBX 1,489 ($19.36), for a total transaction of £229,008.20 ($297,722.57). Insiders have purchased a total of 3,067 shares of company stock worth $4,511,098 over the last quarter. Corporate insiders own 43.60% of the company’s stock.

About Softcat

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.