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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NASDAQ:SCSC

ScanSource - SCSC Stock Forecast, Price & News

$31.25
+0.03 (+0.10%)
(As of 11/25/2022 08:58 PM ET)
Add
Compare
Today's Range
$31.10
$31.72
50-Day Range
$25.91
$32.05
52-Week Range
$25.75
$41.01
Volume
33,700 shs
Average Volume
124,249 shs
Market Capitalization
$788.91 million
P/E Ratio
8.85
Dividend Yield
N/A
Price Target
$40.00

ScanSource MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
28.0% Upside
$40.00 Price Target
Short Interest
Healthy
0.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.60
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$80,576 Sold Last Quarter
Proj. Earnings Growth
11.19%
From $4.20 to $4.67 Per Share

Overall MarketRank

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

2.90 out of 5 stars

Industrial Products Sector

13th out of 183 stocks

Computers, Peripherals, & Software Industry

3rd out of 5 stocks

SCSC stock logo

About ScanSource (NASDAQ:SCSC) Stock

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, intrusion-related, and wireless and networking infrastructure products. The Modern Communications & Cloud 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, 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.

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SCSC Stock News Headlines

StockNews.com Lowers ScanSource (NASDAQ:SCSC) to Hold
ScanSource Delivers Outstanding First Quarter Performance
ScanSource (SCSC) Misses Q4 Earnings Estimates
ScanSource Inc. Reports Decline In Q4 Profit
ScanSource Names Chief People Officer
See More Headlines
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SCSC Company Calendar

Last Earnings
11/09/2021
Today
11/27/2022
Next Earnings (Estimated)
2/14/2023
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Computers, peripherals, & software
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:SCSC
CUSIP
80603710
Employees
2,700
Year Founded
1992

Price Target and Rating

Average Stock Price Forecast
$40.00
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+28.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$88.80 million
Pretax Margin
3.36%

Debt

Sales & Book Value

Annual Sales
$3.53 billion
Cash Flow
$5.25 per share
Book Value
$32.76 per share

Miscellaneous

Free Float
24,346,000
Market Cap
$788.91 million
Optionable
Optionable
Beta
1.43

Social Links


Key Executives

  • Mr. Michael L. BaurMr. Michael L. Baur (Age 65)
    Founder, Chairman & CEO
    Comp: $2.95M
  • Mr. John Charles Eldh (Age 54)
    Pres
    Comp: $1.73M
  • Mr. Stephen T. Jones (Age 50)
    Sr. EVP & CFO
    Comp: $823.99k
  • Ms. Rachel Hayden
    Sr. EVP & Chief Information Officer
  • Mr. Gregory B. Dixon
    Chief Technology Officer
  • Ms. Mary M. Gentry
    VP of Investor Relations & Treasurer
  • Jason Weidman
    PR Mang.
  • Mr. Frank Blackwell
    VP of Sales for Communications
  • Mr. Alexandre Conde
    Sr. VP & Chief People Officer
  • Mr. Mark Morgan
    Pres of Global Bus. Strategy













SCSC Stock - Frequently Asked Questions

Should I buy or sell ScanSource stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ScanSource in the last year. There are currently 1 buy rating 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 forecast for 2023?

1 equities research analysts have issued twelve-month price targets for ScanSource's stock. Their SCSC share price forecasts range from $40.00 to $40.00. On average, they predict the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price.
View analysts price targets for SCSC
or view top-rated stocks among Wall Street analysts.

How have SCSC shares performed in 2022?

ScanSource's stock was trading at $35.08 at the beginning of the year. Since then, SCSC stock has decreased by 10.9% and is now trading at $31.25.
View the best growth stocks for 2022 here
.

When is ScanSource's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our SCSC earnings forecast
.

How were ScanSource's earnings last quarter?

ScanSource, Inc. (NASDAQ:SCSC) issued its quarterly earnings data on Tuesday, November, 9th. The industrial products company reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.27. The industrial products company earned $857.31 million during the quarter, compared to the consensus estimate of $802.20 million. ScanSource had a net margin of 2.51% and a trailing twelve-month return on equity of 12.94%. During the same period in the previous year, the company earned $0.42 earnings per share.

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

ScanSource issued an update on its FY 2023 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.72B-, compared to the consensus revenue estimate of $3.72 billion.

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).

What is ScanSource's stock symbol?

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

Who are ScanSource's major shareholders?

ScanSource's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (19.48%), Vanguard Group Inc. (12.00%), Dimensional Fund Advisors LP (8.04%), Victory Capital Management Inc. (7.13%), Pzena Investment Management LLC (6.29%) and LSV Asset Management (2.38%). Insiders that own company stock include Charles Alexander Mathis, Charles R Whitchurch, John Charles Eldh, Matthew Dean, Michael J Grainger 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.

What is ScanSource's stock price today?

One share of SCSC stock can currently be purchased for approximately $31.25.

How much money does ScanSource make?

ScanSource (NASDAQ:SCSC) has a market capitalization of $788.91 million and generates $3.53 billion in revenue each year. The industrial products company earns $88.80 million in net income (profit) each year or $3.53 on an earnings per share basis.

How many employees does ScanSource have?

The company employs 2,700 workers across the globe.

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..
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How can I contact ScanSource?

ScanSource's mailing address is 6 LOGUE COURT, GREENVILLE SC, 29615. The official website for the company is www.scansource.com. The industrial products company can be reached via phone at (864) 288-2432, via email at investor@scansource.com, or via fax at 864-288-5515.

This page (NASDAQ:SCSC) was last updated on 11/28/2022 by MarketBeat.com Staff