Softcat plc (LON:SCT – Get Free Report) has earned an average rating of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 1,910.
SCT has been the subject of several research analyst reports. JPMorgan Chase & Co. upgraded Softcat to an “overweight” rating and increased their target price for the company from GBX 2,820 to GBX 2,950 in a research note on Thursday, December 4th. Shore Capital Group reiterated a “buy” rating on shares of Softcat in a research note on Thursday. Finally, Jefferies Financial Group decreased their price objective on shares of Softcat from GBX 1,500 to GBX 1,210 and set a “hold” rating for the company in a report on Thursday.
Check Out Our Latest Stock Analysis on Softcat
Softcat Stock Down 0.8%
Softcat (LON:SCT – Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The company reported GBX 36.10 earnings per share for the quarter. Softcat had a return on equity of 42.93% and a net margin of 9.12%. As a group, sell-side analysts expect that Softcat will post 60.72 EPS for the current year.
Key Stories Impacting Softcat
Here are the key news stories impacting Softcat this week:
- Positive Sentiment: Company raised guidance as customers accelerate hardware refreshes and IT spend, supporting near‑term revenue visibility and margin leverage. Article Title
- Positive Sentiment: Shares jumped after management said AI is “reshaping customer priorities at pace,” suggesting sustained demand for Softcat’s services and higher‑margin projects. Article Title
- Positive Sentiment: Quarterly results: EPS GBX 36.10, ROE ~42.9% and a net margin ~9.1% — metrics that underline healthy profitability and cash generation for reinvestment or dividends. Article Title
- Positive Sentiment: Shore Capital reaffirmed its “buy” rating, providing broker support that may limit downside from negative headlines. Article Title
- Neutral Sentiment: Market commentary highlights Softcat as a FTSE 250 tech stock with growth, dividends and value — useful context for longer‑term investors but not an immediate catalyst. Article Title
- Neutral Sentiment: Coverage noting a 23% pullback frames the stock as beaten up yet still benefiting from stronger profit forecasts — signals higher volatility and potential bargain‑hunting interest. Article Title
- Negative Sentiment: Jefferies cut its price target sharply from GBX 1,500 to GBX 1,210 and moved to a “hold” rating — a material analyst downgrade that likely pressured the share price today. Article Title Read More.
Softcat Company Profile
Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations. It also offers public cloud, collaboration, connectivity, data centre and private cloud, devices, and financial solution services. In addition, the company provides IT asset management, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application.
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