Computacenter (LON:CCC) Releases Quarterly Earnings Results

Computacenter (LON:CCC) announced its 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 net margin of 2.64% and a return on equity of 17.61%.

Computacenter Trading Down 0.5 %

Shares of Computacenter stock opened at GBX 2,610 ($33.84) on Friday. The company’s fifty day moving average price is GBX 2,232.15 and its two-hundred day moving average price is GBX 2,286.03. The firm has a market capitalization of £2.77 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. Computacenter has a 52-week low of GBX 2,020 ($26.19) and a 52-week high of GBX 3,004 ($38.95). The company has a debt-to-equity ratio of 12.47, a current ratio of 1.31 and a quick ratio of 0.95.

Computacenter Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, June 5th will be given a GBX 474 ($6.15) dividend. This is a boost from Computacenter’s previous dividend of $23.30. This represents a yield of 1.83%. The ex-dividend date is Thursday, June 5th. Computacenter’s dividend payout ratio (DPR) is 47.51%.

Wall Street Analysts Forecast Growth

CCC has been the topic of several research analyst reports. Berenberg Bank restated a “hold” rating and issued a GBX 2,425 ($31.44) price target on shares of Computacenter in a research report on Tuesday. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,400 ($44.09) target price on shares of Computacenter in a research report on Tuesday, December 17th.

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.