Softcat (LON:SCT) Given Buy Rating at Shore Capital Group

Shore Capital Group reaffirmed their buy rating on shares of Softcat (LON:SCT) in a report published on Thursday, Marketbeat.com reports.

Separately, JPMorgan Chase & Co. upgraded Softcat to an “overweight” rating and increased their price objective for the stock from GBX 2,820 to GBX 2,950 in a report on Thursday, December 4th. Seven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Softcat presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,908.89.

Softcat Stock Performance

SCT stock opened at GBX 1,246 on Thursday. The firm has a 50 day simple moving average of GBX 1,255.81 and a 200 day simple moving average of GBX 1,422.91. Softcat has a 52 week low of GBX 1,083 and a 52 week high of GBX 1,960. The stock has a market cap of £2.45 billion, a P/E ratio of 18.82, a P/E/G ratio of 11.51 and a beta of 0.60. The company has a debt-to-equity ratio of 13.07, a quick ratio of 1.38 and a current ratio of 1.25.

Softcat (LON:SCT) last released its quarterly earnings data on Wednesday, March 18th. The company reported GBX 36.10 earnings per share for the quarter. Softcat had a net margin of 8.06% and a return on equity of 45.16%. Research analysts anticipate that Softcat will post 60.72 earnings per share for the current fiscal year.

Key Softcat News

Here are the key news stories impacting Softcat this week:

• Positive Sentiment: Quarterly results were strong: Softcat reported solid EPS, high return on equity and healthy margins, and management provided upgraded guidance as customers accelerate hardware refreshes — a catalyst for revenue and margin visibility. Quarterly results and slide deck
• Positive Sentiment: Berenberg reaffirmed its “buy” rating and set a high GBX 1,900 price target, signaling confidence in Softcat’s medium-term outlook and providing upside support for the shares. Berenberg rating
• Positive Sentiment: Shore Capital also reaffirmed its “buy” rating, adding to positive broker support that can bolster investor sentiment while demand for IT infrastructure remains strong. Shore Capital rating
• Positive Sentiment: Analyst and media coverage highlights AI-driven shifts in customer priorities and rising profit forecasts — themes that helped shares jump in recent sessions and underpin growth expectations. AI reshaping customer priorities
• Neutral Sentiment: Feature pieces present Softcat as a FTSE 250 tech stock offering growth, dividends and value, which provides context for longer-term investors but may have limited immediate price impact. FTSE 250 profile
• Neutral Sentiment: Some commentary notes the shares have fallen from prior peaks (highlighting a large drawdown in recent periods) even as profit forecasts were raised — framing Softcat as potentially oversold but not an immediate buy signal for all investors. MSN commentary
• Negative Sentiment: Jefferies cut its view: price target reduced materially and rating moved to “hold,” a near-term negative that likely contributed to selling pressure as it narrows analyst-driven upside. Jefferies downgrade

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.