Computacenter (LON:CCC) Releases Quarterly Earnings Results

Computacenter (LON:CCC) released its quarterly earnings data on Tuesday. The company reported GBX 103 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 stock traded down GBX 447.50 during mid-day trading on Tuesday, hitting GBX 5,152.50. 1,268,561 shares of the stock traded hands, compared to its average volume of 1,542,319. Computacenter has a twelve month low of GBX 2,242 and a twelve month high of GBX 6,045. The company has a debt-to-equity ratio of 22.53, a quick ratio of 0.94 and a current ratio of 1.17. The company’s 50-day simple moving average is GBX 4,859.65 and its 200-day simple moving average is GBX 4,041.23. The firm has a market cap of £5.41 billion, a price-to-earnings ratio of 35.41, a price-to-earnings-growth ratio of 6.99 and a beta of 0.95.

Analyst Upgrades and Downgrades

Several research analysts have commented on CCC shares. JPMorgan Chase & Co. upped their target price on shares of Computacenter from GBX 5,000 to GBX 6,000 and gave the stock an “overweight” rating in a research report on Monday. Berenberg Bank lifted their price target on Computacenter from GBX 3,450 to GBX 5,300 and gave the company a “buy” rating in a report on Monday, July 20th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 6,500 price objective on shares of Computacenter in a research report on Tuesday. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Computacenter has a consensus rating of “Buy” and an average target price of GBX 5,375.

Computacenter News Summary

Here are the key news stories impacting Computacenter this week:

• Positive Sentiment: Computacenter said first-half results surged on strong demand and lifted its outlook for full-year adjusted pre-tax income, improving expectations for earnings growth. Computacenter H1 Revenue Rises 71.6% as Group Raises 2026 Profit Guidance
• Positive Sentiment: The company’s bottom line increased in the first half, while quarterly earnings were reported at GBX 103 per share, reinforcing the positive earnings momentum. Computacenter PLC Bottom Line Rises In H1
• Positive Sentiment: Jefferies reaffirmed its “buy” rating and set a GBX 6,500 price target, while JPMorgan previously raised its target to GBX 6,000 and assigned an “overweight” rating. These targets imply further upside from recent trading levels.
• Positive Sentiment: Market coverage described Computacenter as leading its peer group, with stronger positioning than Bytes in the current artificial-intelligence investment cycle. JP Morgan downgrades Bytes over AI lag as Computacenter leads pack
• Neutral Sentiment: Although the fundamental news is favorable, the shares have decreased during the session. Investors may be taking profits after a substantial rally, particularly with the stock trading near its 12-month high and at a relatively elevated valuation.

Insider Buying and Selling at Computacenter

In other news, insider Kelly Kuhn bought 1,035 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were purchased at an average cost of GBX 4,836 per share, with a total value of £50,052.60. Also, insider Keith Mortimer sold 181 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of GBX 4,608, for a total transaction of £8,340.48. Corporate 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.