Computacenter (LON:CCC) Announces Quarterly Earnings Results

Computacenter (LON:CCC) announced its quarterly earnings results on Tuesday. The company reported GBX 103 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Computacenter had a return on equity of 14.84% and a net margin of 1.79%.

Computacenter Trading Down 7.8%

LON:CCC traded down GBX 435 on Tuesday, reaching GBX 5,165. The stock had a trading volume of 10,257,036 shares, compared to its average volume of 1,594,275. The company has a market cap of £5.42 billion, a price-to-earnings ratio of 35.50, a P/E/G ratio of 6.99 and a beta of 0.95. Computacenter has a 12-month low of GBX 2,242 and a 12-month high of GBX 6,045. The company has a debt-to-equity ratio of 22.53, a current ratio of 1.17 and a quick ratio of 0.94. The firm’s fifty day moving average is GBX 4,859.65 and its two-hundred day moving average is GBX 4,041.23.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CCC. JPMorgan Chase & Co. lifted their target price on Computacenter from GBX 5,000 to GBX 6,000 and gave the stock an “overweight” rating in a research report on Monday. Berenberg Bank boosted their target price on Computacenter from GBX 3,450 to GBX 5,300 and gave the stock a “buy” rating in a research report on Monday, July 20th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 6,500 price target on shares of Computacenter in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 5,375.

Key Stories Impacting Computacenter

Here are the key news stories impacting Computacenter this week:

• Positive Sentiment: Strong first-half performance: Revenue increased 71.6% in the first half, while the company’s bottom line also rose, indicating robust operating momentum. Computacenter H1 Revenue Rises 71.6% as Group Raises 2026 Profit Guidance
• Positive Sentiment: Raised profit guidance: Management lifted its outlook for full-year adjusted pre-tax income, citing strong customer demand. This is the most significant fundamental catalyst for the shares. Computacenter H1 Results Surge on Strong Demand
• Positive Sentiment: Broker support: Jefferies reaffirmed its “buy” rating and set a GBX 6,500 price target. JPMorgan also maintains an “overweight” rating and raised its target from GBX 5,000 to GBX 6,000, signaling continued confidence in Computacenter’s growth prospects.
• Neutral Sentiment: The company reported quarterly EPS of GBX 103, with a 1.79% net margin and 14.84% return on equity. These figures provide context for the results, although the raised full-year guidance is likely more important to investors. Computacenter Earnings Slide Deck
• Negative Sentiment: The stock’s decline, despite positive results and broker upgrades, may reflect profit-taking after its substantial recent advance or investor concerns about valuation. Computacenter trades at a relatively demanding earnings multiple, leaving less room for disappointment.

Insider Buying and Selling

In related news, insider Keith Mortimer sold 283 shares of the company’s stock in a transaction that occurred on Thursday, July 16th. The shares were sold at an average price of GBX 4,550, for a total transaction of £12,876.50. Also, insider Kelly Kuhn bought 1,035 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were purchased at an average price of GBX 4,836 per share, for a total transaction of £50,052.60. Insiders own 43.80% of the company’s stock.

Computacenter Company Profile

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.