NASDAQ:SCSC - ScanSource Stock Price, News, & Analysis

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$31.43 +0.55 (+1.78 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$30.88
Today's Range$30.34 - $31.87
52-Week Range$30.04 - $44.30
Volume135,453 shs
Average Volume113,329 shs
Market Capitalization$807.81 million
P/E Ratio10.11
Dividend YieldN/A
Beta0.72
ScanSource, Inc. distributes technology products and solutions in North America, Latin America, and Europe. It operates in two segments, Worldwide Barcode, Networking & Security (WW Barcode, Networking & Security); and Worldwide Communications & Services (WW Communications & Services). The WW Barcode, Networking & Security segment offers 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. This segment offers data capture and POS solutions to automate the collection, processing, and communication of information for commercial and industrial applications, including retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care applications. It also provides electronic physical security products, such as identification, access control, video surveillance, intrusion-related, and wireless and networking infrastructure products; and video conferencing, cloud, POS portal, and other services. The WW Communications & Services segment offers a portfolio of solutions primarily for communications technologies and services comprising voice, video conferencing, wireless, data networking, cable, unified communications and collaboration, cloud, and technology services, as well as IP networks and other solutions for various vertical markets comprising education, healthcare, and government. It also provides professional, contact center, and infrastructure services; and distributes communications technologies, digital networks, and cyber security products. The company also offers pre-sale business tools and value-added services that include market and technology solution, education and training, product configuration tool, technical support, logistics, and channel financial services. ScanSource, Inc. was founded in 1992 and is headquartered in Greenville, South Carolina.

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Industry, Sector and Symbol

Industry Computers, peripherals, & software
Sub-IndustryTechnology Distributors
SectorIndustrial Products
Current SymbolNASDAQ:SCSC
CUSIP80603710
Phone864-288-2432

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.85 billion
Cash Flow$4.6841 per share
Book Value$35.45 per share

Profitability

Net Income$33.15 million

Miscellaneous

Employees2,600
Market Cap$807.81 million
Next Earnings Date8/27/2019 (Estimated)
OptionableOptionable

ScanSource (NASDAQ:SCSC) Frequently Asked Questions

What is ScanSource's stock symbol?

ScanSource trades on the NASDAQ under the ticker symbol "SCSC."

How were ScanSource's earnings last quarter?

ScanSource, Inc. (NASDAQ:SCSC) announced its quarterly earnings data on Thursday, May, 9th. The industrial products company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by $0.01. The industrial products company had revenue of $893.40 million for the quarter, compared to analysts' expectations of $931.63 million. ScanSource had a net margin of 1.44% and a return on equity of 9.90%. The business's quarterly revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.68 EPS. View ScanSource's Earnings History.

When is ScanSource's next earnings date?

ScanSource is scheduled to release their next quarterly earnings announcement on Tuesday, August 27th 2019. View Earnings Estimates for ScanSource.

What guidance has ScanSource issued on next quarter's earnings?

ScanSource issued an update on its fourth quarter earnings guidance on Thursday, May, 9th. The company provided EPS guidance of $0.80-0.86 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.91. The company issued revenue guidance of $0.97-1.03 billion, compared to the consensus revenue estimate of $1.03 billion.

What price target have analysts set for SCSC?

2 equities research analysts have issued 1-year price targets for ScanSource's stock. Their forecasts range from $47.00 to $47.00. On average, they anticipate ScanSource's stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 49.5% from the stock's current price. View Analyst Price Targets for ScanSource.

What is the consensus analysts' recommendation for ScanSource?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ScanSource in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ScanSource.

Has ScanSource been receiving favorable news coverage?

Media coverage about SCSC stock has been trending somewhat negative this week, according to InfoTrie. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. ScanSource earned a news impact score of -1.6 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of ScanSource's key competitors?

What other stocks do shareholders of ScanSource own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ScanSource investors own include SYNNEX (SNX), Las Vegas Sands (LVS), Illumina (ILMN), Nektar Therapeutics (NKTR), Seagate Technology (STX), Verisk Analytics (VRSK), salesforce.com (CRM), Humana (HUM), Kinross Gold (KGC) and Walmart (WMT).

Who are ScanSource's key executives?

ScanSource's management team includes the folowing people:
  • Mr. Michael L. Baur, Founder, Chairman & CEO (Age 62)
  • Mr. Gerald Lyons, Exec. VP & CFO (Age 56)
  • Mr. James Sommese, VP of Operations (Age 48)
  • Mr. Gregory B. Dixon, Chief Technology Officer
  • Mr. Blake Zemp, Chief Information Officer

Who are ScanSource's major shareholders?

ScanSource's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.28%), Dimensional Fund Advisors LP (8.30%), FMR LLC (6.73%), Pzena Investment Management LLC (4.22%), LSV Asset Management (3.15%) and Northern Trust Corp (2.98%). Company insiders that own ScanSource stock include Charles R Whitchurch, Gerald Lyons, John Patrick Reilly, Michael J Grainger, Michael L Baur and Steven R Fischer. View Institutional Ownership Trends for ScanSource.

Which institutional investors are selling ScanSource stock?

SCSC stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, FMR LLC, Pzena Investment Management LLC, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, JPMorgan Chase & Co., Nordea Investment Management AB and California Public Employees Retirement System. Company insiders that have sold ScanSource company stock in the last year include Charles R Whitchurch, Gerald Lyons, Michael J Grainger and Michael L Baur. View Insider Buying and Selling for ScanSource.

Which institutional investors are buying ScanSource stock?

SCSC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Assenagon Asset Management S.A., AQR Capital Management LLC, Martingale Asset Management L P, New Amsterdam Partners LLC NY, Charles Schwab Investment Management Inc., Hussman Strategic Advisors Inc. and CCM Investment Advisers LLC. View Insider Buying and Selling for ScanSource.

How do I buy shares of ScanSource?

Shares of SCSC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ScanSource's stock price today?

One share of SCSC stock can currently be purchased for approximately $31.43.

How big of a company is ScanSource?

ScanSource has a market capitalization of $807.81 million and generates $3.85 billion in revenue each year. The industrial products company earns $33.15 million in net income (profit) each year or $3.11 on an earnings per share basis. ScanSource employs 2,600 workers across the globe.

What is ScanSource's official website?

The official website for ScanSource is http://www.scansource.com.

How can I contact ScanSource?

ScanSource's mailing address is 6 LOGUE COURT, GREENVILLE SC, 29615. The industrial products company can be reached via phone at 864-288-2432 or via email at [email protected]


MarketBeat Community Rating for ScanSource (NASDAQ SCSC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  168 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  399
MarketBeat's community ratings are surveys of what our community members think about ScanSource and other stocks. Vote "Outperform" if you believe SCSC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCSC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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