Softchoice (SFTC) Stock Price, News & Analysis

Company Overview

Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software and hardware asset management solutions, and IT procurement services; network and security support solutions. It also provides assessment solutions, such as cloud readiness, security technology, and cloud architecture reviews. Softchoice Corporation was incorporated in 1989 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$20.71 to C$22.44
• 50-Day Range: C$17.76 to C$22.44
• 52-Week Range: C$14.40 to C$22.46
• Volume: 11,910 shs
• Average Volume: 26,618 shs
• Market Capitalization: C$1.35 billion
• P/E Ratio: 24.93
• Dividend Yield: 2.32%
• Price Target: C$22.67
• Consensus Rating: Moderate Buy

Softchoice Stock Analysis - MarketRank™

Softchoice scored higher than 24% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Softchoice has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Softchoice has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Softchoice is 24.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of Softchoice is 24.93, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 258.14.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SFTC.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Softchoice pays a meaningful dividend of 2.44%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Softchoice does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Softchoice is 57.78%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SFTC.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: N/A

News Sentiment

Softchoice has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Softchoice this week, compared to 0 articles on an average week.

MarketBeat Follows

1 people have added Softchoice to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Softchoice insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.42% of the stock of Softchoice is held by insiders.

Percentage Held by Institutions

71.88% of the stock of Softchoice is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SFTC Stock Analysis - Frequently Asked Questions

How have SFTC shares performed this year?

Softchoice's stock was trading at C$15.40 at the beginning of 2024. Since then, SFTC shares have increased by 45.7% and is now trading at C$22.44.
View the best growth stocks for 2024 here.

How do I buy shares of Softchoice?

Shares of SFTC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Softchoice own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Softchoice investors own include Aeterna Zentaris (AEZS), Bitfarms (BITF), Ballard Power Systems (BLDP), Cardiol Therapeutics (CRDL), Dye & Durham (DND), Fury Gold Mines (FURY) and Gatos Silver (GATO).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Information Technology Services
• Sub-Industry: N/A
• Current Symbol: TSE:SFTC
• CUSIP: N/A
• CIK: N/A
• Web: www.softchoice.com
• Phone: N/A
• Fax: N/A
• Employees: 2,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$22.67
• High Stock Price Target: C$25.50
• Low Stock Price Target: C$19.50
• Potential Upside/Downside: +1.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.90
• Trailing P/E Ratio: 24.93
• Forward P/E Ratio: 11.88
• P/E Growth: N/A
• Net Income: C$38.49 million
• Net Margins: 5.05%
• Pretax Margin: N/A
• Return on Equity: 93.93%
• Return on Assets: 8.19%

Debt

• Debt-to-Equity Ratio: 91.70
• Current Ratio: 0.79
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$762.77 million
• Price / Sales: 1.77
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C($1.89) per share
• Price / Book: -11.87

Miscellaneous

• Outstanding Shares: 60,330,000
• Free Float: N/A
• Market Cap: C$1.35 billion
• Optionable: Not Optionable
• Beta: -0.14