Analysts Offer Predictions for ScanSource Q1 Earnings

Key Points

• Sidoti forecasts ScanSource’s Q1 2028 earnings at $1.03 per share, with quarterly estimates rising to $1.57 by Q4; the full-year consensus is $3.90 per share.
• Analyst sentiment remains cautious: ScanSource has a consensus “Hold” rating from four analysts, with an average price target of $43.00, despite mixed recent upgrades and downgrades.
• ScanSource shares opened at $51.71, versus a 12-month range of $33.76 to $59.60. Institutional investors own a substantial 97.91% of outstanding shares, including newly established positions by BlackRock and Pzena Investment Management.

ScanSource, Inc. (NASDAQ:SCSC - Free Report) - Analysts at Sidoti issued their Q1 2028 EPS estimates for ScanSource in a research report issued on Monday, August 17th. Sidoti analyst G. Burns forecasts that the industrial products company will earn $1.03 per share for the quarter. The consensus estimate for ScanSource's current full-year earnings is $3.90 per share. Sidoti also issued estimates for ScanSource's Q2 2028 earnings at $1.23 EPS, Q3 2028 earnings at $1.25 EPS and Q4 2028 earnings at $1.57 EPS.

SCSC has been the topic of several other research reports. Northcoast Research lowered ScanSource from a "buy" rating to a "neutral" rating in a report on Monday. Wall Street Zen upgraded shares of ScanSource from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Finally, Weiss Ratings upgraded shares of ScanSource from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, May 29th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat, ScanSource presently has a consensus rating of "Hold" and an average target price of $43.00.

ScanSource Stock Performance

NASDAQ SCSC opened at $51.71 on Tuesday. ScanSource has a 12-month low of $33.76 and a 12-month high of $59.60. The firm has a market cap of $1.05 billion, a P/E ratio of 15.67, a price-to-earnings-growth ratio of 0.83 and a beta of 1.28. The company has a quick ratio of 1.20, a current ratio of 1.86 and a debt-to-equity ratio of 0.11. The company's 50 day moving average is $52.79 and its 200-day moving average is $44.25.

Institutional Trading of ScanSource

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in ScanSource in the second quarter valued at $200,140,000. Pzena Investment Management LLC bought a new stake in ScanSource during the second quarter worth about $57,807,000. Wasatch Advisors LP boosted its holdings in shares of ScanSource by 34.9% in the 3rd quarter. Wasatch Advisors LP now owns 1,139,573 shares of the industrial products company's stock worth $50,130,000 after purchasing an additional 294,624 shares in the last quarter. LSV Asset Management boosted its holdings in shares of ScanSource by 40.6% in the 4th quarter. LSV Asset Management now owns 847,863 shares of the industrial products company's stock worth $33,118,000 after purchasing an additional 244,903 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in shares of ScanSource by 74.4% during the 1st quarter. SG Americas Securities LLC now owns 494,988 shares of the industrial products company's stock valued at $17,968,000 after purchasing an additional 211,232 shares during the last quarter. Hedge funds and other institutional investors own 97.91% of the company's stock.

About ScanSource

ScanSource, Inc is a global provider of technology products and solutions designed to help businesses enhance operational efficiency and customer engagement. The company specializes in the distribution of point-of-sale (POS) systems, barcode and data capture devices, networking and communications equipment, and value-added software and cloud services. By combining hardware, software and professional services, ScanSource supports channel partners in delivering end-to-end solutions across multiple industries, including retail, hospitality, healthcare and logistics.

Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource has built a broad international footprint, serving customers throughout North, Central and South America as well as Europe, the Middle East and Africa.

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