Computacenter (LON:CCC) Releases Quarterly Earnings Results

Computacenter (LON:CCC - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported GBX 161.50 ($2.09) 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 Down 0.5 %

LON:CCC traded down GBX 14 ($0.18) on Friday, reaching GBX 2,610 ($33.70). The company's stock had a trading volume of 783,945 shares, compared to its average volume of 1,873,200. Computacenter has a 12-month low of GBX 2,020 ($26.08) and a 12-month high of GBX 3,004 ($38.79). 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 firm has a market cap of £2.77 billion, a price-to-earnings ratio of 17.46, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The stock has a 50 day moving average price of GBX 2,243.60 and a 200 day moving average price of GBX 2,285.15.

Computacenter Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, June 5th will be given a GBX 474 ($6.12) dividend. The ex-dividend date of this dividend 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 payout ratio is currently 47.51%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CCC shares. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 3,400 ($43.90) price target on shares of Computacenter in a research note on Tuesday, December 17th. Berenberg Bank reiterated a "hold" rating and set a GBX 2,425 ($31.31) price objective on shares of Computacenter in a research report on Tuesday, March 18th.

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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.