Computacenter (LON:CCC) Issues Quarterly Earnings Results

Computacenter (LON:CCC) released its earnings results on Tuesday. The company reported GBX 103 earnings per share for the quarter, Digital Look Earnings reports. Computacenter had a net margin of 1.70% and a return on equity of 21.78%.

Computacenter Price Performance

Shares of LON:CCC opened at GBX 5,130 on Thursday. The company has a 50 day moving average of GBX 4,893.92 and a 200 day moving average of GBX 4,071.33. The stock has a market cap of £5.38 billion, a P/E ratio of 35.26, 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 current ratio of 1.10, a quick ratio of 0.94 and a debt-to-equity ratio of 20.49.

Trending Headlines about Computacenter

Here are the key news stories impacting Computacenter this week:

• Positive Sentiment: Raised 2026 profit guidance: Computacenter lifted its outlook for annual adjusted pretax profit, citing strong demand across its technology services business and increased customer spending on artificial intelligence. Computacenter raises guidance after AI spending boost
• Positive Sentiment: Strong first-half performance: First-half revenue increased 71.6%, while the company’s bottom line also improved. The results indicate robust demand and provide support for management’s upgraded full-year outlook. Computacenter H1 Revenue Rises 71.6% as Group Raises 2026 Profit Guidance
• Positive Sentiment: Broker optimism increased: Berenberg raised its price target from GBX 5,300 to GBX 6,500 and assigned a “buy” rating. Jefferies also reaffirmed its “buy” rating with a GBX 6,500 target, while JPMorgan maintained a positive view. Computacenter Stock Price Expected to Rise
• Neutral Sentiment: Mixed trading reaction: Market coverage reported that Computacenter rose after the results before giving back some gains. The reversal may reflect profit-taking or valuation concerns rather than a deterioration in the company’s fundamentals. Winners and Losers: Computacenter rises then falls

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,500 price objective on shares of Computacenter in a report on Tuesday. Berenberg Bank raised their price objective on shares of Computacenter from GBX 5,300 to GBX 6,500 and gave the stock a “buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Computacenter from GBX 5,000 to GBX 6,000 and gave the company an “overweight” rating in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 5,675.

Insider Buying and Selling at Computacenter

In other news, insider Keith Mortimer sold 283 shares of the business’s stock in a transaction 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 purchased 1,035 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was purchased at an average cost of GBX 4,836 per share, for a total transaction of £50,052.60. 43.80% of the stock is owned by company insiders.

About Computacenter

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.