FY2025 Earnings Estimate for ScanSource Issued By Sidoti Csr

ScanSource, Inc. (NASDAQ:SCSC - Free Report) - Analysts at Sidoti Csr increased their FY2025 earnings per share estimates for ScanSource in a research report issued to clients and investors on Friday, May 9th. Sidoti Csr analyst G. Burns now expects that the industrial products company will post earnings per share of $3.43 for the year, up from their previous estimate of $3.33. The consensus estimate for ScanSource's current full-year earnings is $3.33 per share. Sidoti Csr also issued estimates for ScanSource's Q4 2025 earnings at $0.88 EPS, Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $0.89 EPS, Q4 2026 earnings at $0.98 EPS, FY2026 earnings at $3.71 EPS and FY2027 earnings at $4.16 EPS.

ScanSource (NASDAQ:SCSC - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.09. ScanSource had a return on equity of 8.55% and a net margin of 2.08%. The firm had revenue of $704.23 million for the quarter, compared to analyst estimates of $809.17 million. During the same quarter last year, the company posted $0.69 earnings per share. The business's revenue was down 6.3% on a year-over-year basis.

Other equities research analysts have also issued research reports about the company. Northcoast Research raised ScanSource from a "neutral" rating to a "buy" rating and set a $42.00 price objective on the stock in a report on Tuesday, May 6th. StockNews.com raised ScanSource from a "hold" rating to a "buy" rating in a report on Monday.

ScanSource Stock Performance

Shares of NASDAQ SCSC traded down $0.25 during midday trading on Monday, reaching $40.54. 24,733 shares of the company were exchanged, compared to its average volume of 233,044. ScanSource has a 1 year low of $28.75 and a 1 year high of $53.90. The stock has a fifty day simple moving average of $34.35 and a 200 day simple moving average of $42.01. The stock has a market cap of $915.93 million, a P/E ratio of 16.04, a PEG ratio of 1.14 and a beta of 1.30. The company has a current ratio of 2.11, a quick ratio of 1.30 and a debt-to-equity ratio of 0.15.

Insider Activity

In other news, CFO Stephen Jones sold 2,000 shares of ScanSource stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $36.14, for a total transaction of $72,280.00. Following the completion of the sale, the chief financial officer now directly owns 69,816 shares in the company, valued at approximately $2,523,150.24. This trade represents a 2.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.20% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC raised its position in shares of ScanSource by 3.8% during the 1st quarter. AQR Capital Management LLC now owns 128,574 shares of the industrial products company's stock worth $4,373,000 after purchasing an additional 4,693 shares during the last quarter. Amundi raised its position in shares of ScanSource by 35.1% during the 1st quarter. Amundi now owns 26,464 shares of the industrial products company's stock worth $836,000 after purchasing an additional 6,880 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in shares of ScanSource by 421.5% during the 1st quarter. Cubist Systematic Strategies LLC now owns 74,009 shares of the industrial products company's stock worth $2,517,000 after purchasing an additional 59,817 shares during the last quarter. Quarry LP raised its position in shares of ScanSource by 344.3% during the 1st quarter. Quarry LP now owns 3,541 shares of the industrial products company's stock worth $120,000 after purchasing an additional 2,744 shares during the last quarter. Finally, Vident Advisory LLC raised its position in shares of ScanSource by 27.1% during the 1st quarter. Vident Advisory LLC now owns 12,511 shares of the industrial products company's stock worth $425,000 after purchasing an additional 2,669 shares during the last quarter. 97.91% of the stock is currently owned by institutional investors and hedge funds.

ScanSource Company Profile

ScanSource, Inc engages in the distribution of technology products and solutions in the United States, Canada, and Brazil. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment provides a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, point of sale (POS), payments, networking, electronic physical security, cyber security, and other technologies.