Computacenter (CCC)

Sector:

IT Services

Index:

FTSE 250

2,630.00p
   
  • Change Today:
      36.00p
  • 52 Week High: 2,944.00
  • 52 Week Low: 2,026.00
  • Currency: UK Pounds
  • Shares Issued: 122.69m
  • Volume: 54,391
  • Market Cap: £3,226.69m
  • RiskGrade: 119

Wednesday preview: China CPI, Computacenter in the spotlight

By Alexander Bueso

Date: Tuesday 08 Sep 2020

LONDON (ShareCast) - (Sharecast News) - The focus in financial markets in the middle of the week will shift back towards Asia, where official statistics for consumer and factory prices are due out.




Brexit negotiations and the tech slump in the States won't be far from investors' minds however.

Also in the US, the Department of Labor will release its JOLTS labour market survey referencing the month of August.

It will be published alongside readings on unemployment in Ireland and Switzerland.

On home shores, the only data due out are the Recruitment and Employment Confederation's Staff Salaries and Placements Indices for August.



Tuesday's market spotlight will fall on Computacenter as the IT services provider releases its first half results, close on the heels of two guidance upgrades since July.

UBS's Michael Briest attributed the most recent of those, on 2 September, to revenue upside and declining costs related to company travel and entertainment.

The latter typically amounted to £5-6m a month but was now running almost at zero.

Yet he conceded that he had not revised his own estimate for full-year 2020 earnings before interest and taxes of £139m since May. Analysts consensus before Computacenter's last update on 2 September had been at £151m.

Briest explained that he had harboured concern about weaker demand post mobility restrictions "which have clearly not manifested themselves".

"The sustainability of these profit levels into 2021 and beyond is now a key question given lower travel expenses have played a part, but if a healthy managed service contract pipeline delivers new wins it will certainly help offset any impact from higher travel expenses next year."

Wednesday 09 September

INTERIMS

Anpario, Aquis Exchange , Computacenter, EMIS Group, Inspired Energy, Sanne Group, Tullow Oil

QUARTERLY PAYMENT DATE

Unilever

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

MBA Mortgage Applications (US) (12:00)

GMS

PV Crystalox Solar

FINALS

Frontier Developments

ANNUAL REPORT

Baillie Gifford US Growth Trust

AGMS

Aew UK Reit, Bermele, Downing Four VCT DP67 , Mobeus Income & Growth 2 Vct, Petrotal Corporation NPV (DI), SDV 2025 ZDP, Solid State

FINAL EX-DIVIDEND DATE

Meikles Ltd.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Computacenter Market Data

Currency UK Pounds
Share Price 2,630.00p
Change Today 36.00p
% Change 1.39 %
52 Week High 2,944.00
52 Week Low 2,026.00
Volume 54,391
Shares Issued 122.69m
Market Cap £3,226.69m
RiskGrade 119

Computacenter Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.88% below the market average92.88% below the market average92.88% below the market average92.88% below the market average92.88% below the market average
20.99% below the sector average20.99% below the sector average20.99% below the sector average20.99% below the sector average20.99% below the sector average
Price Trend
36.92% above the market average36.92% above the market average36.92% above the market average36.92% above the market average36.92% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income
14.18% below the market average14.18% below the market average14.18% below the market average14.18% below the market average14.18% below the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Growth
33.29% below the market average33.29% below the market average33.29% below the market average33.29% below the market average33.29% below the market average
45.88% below the sector average45.88% below the sector average45.88% below the sector average45.88% below the sector average45.88% below the sector average

What The Brokers Say

Strong Buy 2
Buy 6
Neutral 3
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Computacenter Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 28-Sep-23
Paid 05-Jul-24 27-Oct-23
Amount 47.40p 22.60p

Trades for 10-May-2024

Time Volume / Share Price
16:35 32,040 @ 2,630.00p
16:35 104 @ 2,630.00p
16:35 30 @ 2,630.00p
16:35 74 @ 2,630.00p
16:35 104 @ 2,630.00p

Computacenter Key Personnel

CEO Michael J Norris

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