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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
All the trading advice you’ve ever received boils down to this (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind

ScanSource Stock Price, News & Analysis (NASDAQ:SCSC)

$35.32
+1.18 (+3.46%)
(As of 12/4/2023 ET)
Compare
Today's Range
$34.15
$35.43
50-Day Range
$28.63
$34.14
52-Week Range
$26.14
$35.50
Volume
225,795 shs
Average Volume
115,477 shs
Market Capitalization
$881.94 million
P/E Ratio
11.04
Dividend Yield
N/A
Price Target
$35.00

ScanSource MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.9% Downside
$35.00 Price Target
Short Interest
Healthy
0.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.60
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$76,150 Sold Last Quarter
Proj. Earnings Growth
11.62%
From $3.70 to $4.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Computer And Technology Sector

112th out of 593 stocks

Electronics & Computer Distribution Industry

1st out of 1 stocks


SCSC stock logo

About ScanSource Stock (NASDAQ:SCSC)

ScanSource, Inc. distributes technology products and solutions in the United States, Canada, and internationally. 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. 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, and intrusion-related devices; networking products comprising wireless and networking infrastructure products; other software as a service (SaaS) products; and engages in hardware rental activities. The Modern Communications & Cloud segment offers a portfolio of solutions primarily for communications technologies and services comprising voice, video conferencing, wireless, data networking, cybersecurity, cable, unified communications and collaboration, cloud, and technology services, as well as IP networks and other solutions for various vertical markets, such as education, healthcare, and government. The company serves manufacturing, warehouse and distribution, retail and e-commerce, hospitality, transportation and logistics, government, education and healthcare, and other industries. ScanSource, Inc. was incorporated in 1992 and is headquartered in Greenville, South Carolina.

SCSC Stock Price History

SCSC Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Q1 2024 Scansource Inc Earnings Call
ScanSource Inc. Q1 Profit Decreases, misses estimates
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Intelisys Honors Advantix as Top Mobility Supplier
SCSC vs. SITE: Which Stock Is the Better Value Option?
Scansource, Inc.
Is ScanSource, Inc. (NASDAQ:SCSC) Potentially Undervalued?
Q4 2023 Scansource Inc Earnings Call
ScanSource (SCSC) Lags Q4 Earnings Estimates
ScanSource Inc. Q4 Profit Decreases, but beats estimates
ScanSource Reports Fourth Quarter and Full-year Results
ScanSource's Earnings: A Preview
ScanSource Announces Appointment of New Board Member
See More Headlines
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Company Calendar

Last Earnings
11/09/2023
Today
12/04/2023
Next Earnings (Estimated)
2/06/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Electronics & Computer Distribution
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:SCSC
CUSIP
80603710
Employees
2,300
Year Founded
1992

Price Target and Rating

Average Stock Price Target
$35.00
High Stock Price Target
$35.00
Low Stock Price Target
$35.00
Potential Upside/Downside
-1.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$89.81 million
Pretax Margin
2.92%

Debt

Sales & Book Value

Annual Sales
$3.79 billion
Cash Flow
$5.28 per share
Book Value
$36.36 per share

Miscellaneous

Free Float
23,811,000
Market Cap
$882.69 million
Optionable
Optionable
Beta
1.45

Social Links

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Key Executives

  • Mr. Michael L. BaurMr. Michael L. Baur (Age 66)
    Founder, Chairman & CEO
    Comp: $2.43M
  • Mr. Stephen T. Jones (Age 51)
    Senior EVP & CFO
    Comp: $1.02M
  • Ms. Rachel Hayden
    Senior EVP & Chief Information Officer
  • Ms. Shana Cochrane Smith (Age 50)
    Senior EVP & Chief Legal Officer
    Comp: $587.73k
  • Ms. Brandy Ford (Age 43)
    Senior VP, Chief Accounting Officer & Corporate Controller
  • Mr. Gregory B. Dixon
    Chief Technology Officer
  • Ms. Mary M. Gentry
    Vice President of Investor Relations & Treasurer
  • Jason Weidman
    Public Relations Manager
  • Mr. Frank Blackwell
    Vice President of Sales for Communications
  • Mr. Alexandre Conde
    Senior EVP & Chief People Officer














SCSC Stock Analysis - Frequently Asked Questions

Should I buy or sell ScanSource stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ScanSource in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SCSC shares.
View SCSC analyst ratings
or view top-rated stocks.

What is ScanSource's stock price target for 2024?

2 brokers have issued 1 year target prices for ScanSource's shares. Their SCSC share price targets range from $35.00 to $35.00. On average, they predict the company's stock price to reach $35.00 in the next year. This suggests that the stock has a possible downside of 0.9%.
View analysts price targets for SCSC
or view top-rated stocks among Wall Street analysts.

How have SCSC shares performed in 2023?

ScanSource's stock was trading at $29.22 at the start of the year. Since then, SCSC stock has increased by 20.9% and is now trading at $35.32.
View the best growth stocks for 2023 here
.

When is ScanSource's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our SCSC earnings forecast
.

How were ScanSource's earnings last quarter?

ScanSource, Inc. (NASDAQ:SCSC) posted its quarterly earnings results on Thursday, November, 9th. The industrial products company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.92 by $0.18. The industrial products company earned $876.30 million during the quarter, compared to analysts' expectations of $921.03 million. ScanSource had a net margin of 2.18% and a trailing twelve-month return on equity of 10.02%. The business's revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter last year, the business posted $1.07 earnings per share.

What ETFs hold ScanSource's stock?

ETFs with the largest weight of ScanSource (NASDAQ:SCSC) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

What is Mike Baur's approval rating as ScanSource's CEO?

131 employees have rated ScanSource Chief Executive Officer Mike Baur on Glassdoor.com. Mike Baur has an approval rating of 76% among the company's employees.

What other stocks do shareholders of ScanSource own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ScanSource investors own include TD SYNNEX (SNX), Las Vegas Sands (LVS), Tesla (TSLA), Carnival Co. & (CCL), FireEye (FEYE), ONEOK (OKE), Pattern Energy Group (PEGI), TELUS (TU), Verizon Communications (VZ) and Walmart (WMT).

Who are ScanSource's major shareholders?

ScanSource's stock is owned by a variety of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (7.84%), Pzena Investment Management LLC (7.22%), Invesco Ltd. (2.59%), Charles Schwab Investment Management Inc. (2.49%), LSV Asset Management (2.12%) and JPMorgan Chase & Co. (1.48%). Insiders that own company stock include Charles Alexander Mathis, Charles R Whitchurch, John Charles Eldh and Michael L Baur.
View institutional ownership trends
.

How do I buy shares of ScanSource?

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

Does ScanSource have any subsidiaries?
The following companies are subsidiares of ScanSource: 4100 Quest LLC, 8650 Commerce Drive LLC, Black Arrow Capital, Canpango Inc., Canpango LLC, Canpango S.A., Importadora y Comercializadora Network 1 International (Chile) SPA, IntY, IntY Ltd., InteliSys, Intelisys Inc., Intersmart S. de R.L. de C.V., Intersmart Technologies LLC, KBZ Communications, Logue Court Properties LLC, Network 1 International Colombia S.A.S, Network 1 International Peru SAC, Network1, Outsourcing Unlimited Inc., POS Portal, POS Portal Inc., RPM Software LLC, ScanSource Video Communications, ScanSource?Brasil Distribuidora de Tecnologias Ltda., ScanSource?Canada Inc., ScanSource?Communications GmbH, ScanSource?Communications Ltd., ScanSource?Europe BV, ScanSource?Europe CV, ScanSource?Europe Ltd., ScanSource?Europe SPRL, ScanSource?France SARL, ScanSource?G.B. and N.I. Ltd., ScanSource?Germany GmbH, ScanSource?Latin America Inc., ScanSource?Ltd., ScanSource?Payments Inc., ScanSource?Properties LLC, ScanSource?UK Ltd., ScanSource?Video Communications Europe Ltd., ScanSource?Video Communications SARL, ScanSource?de Mexico S. de R.L. de C.V., Video Corporation Ltd., intY Cascade Ltd., intY Holdings Ltd., and intY USA Inc..
Read More
This page (NASDAQ:SCSC) was last updated on 12/5/2023 by MarketBeat.com Staff

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