Computacenter (LON:CCC) Posts Earnings Results

Computacenter (LON:CCC) issued its quarterly earnings data on Wednesday. The company reported GBX 161.50 ($2.09) earnings per share for the quarter, Digital Look Earnings reports. Computacenter had a return on equity of 17.61% and a net margin of 2.64%.

Computacenter Stock Down 0.5 %

LON:CCC opened at GBX 2,610 ($33.84) on Friday. Computacenter has a twelve month low of GBX 2,020 ($26.19) and a twelve month high of GBX 3,004 ($38.95). The company’s 50 day moving average is GBX 2,232.15 and its two-hundred day moving average is GBX 2,286.03. The company has a current ratio of 1.31, a quick ratio of 0.95 and a debt-to-equity ratio of 12.47. The company has a market cap of £2.77 billion, a PE ratio of 17.46, a P/E/G ratio of 6.99 and a beta of 0.71.

Computacenter Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, June 5th will be issued a GBX 474 ($6.15) dividend. This represents a yield of 1.83%. The ex-dividend date of this dividend is Thursday, June 5th. This is an increase from Computacenter’s previous dividend of $23.30. Computacenter’s dividend payout ratio (DPR) is currently 47.51%.

Wall Street Analyst Weigh In

Several research firms have commented on CCC. Berenberg Bank reissued a “hold” rating and set 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.

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.