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

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

ScanSource, Inc. (NASDAQ:SCSC) released its quarterly earnings results on Tuesday, August, 28th. The industrial products company reported $0.77 EPS for the quarter, meeting analysts' consensus estimates of $0.77. The industrial products company had revenue of $993.90 million for the quarter, compared to analyst estimates of $974.20 million. ScanSource had a return on equity of 9.23% and a net margin of 0.86%. The business's revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 EPS. View ScanSource's Earnings History.

ScanSource is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for ScanSource.

ScanSource updated its first quarter earnings guidance on Tuesday, August, 28th. The company provided earnings per share guidance of $0.83-0.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.87. The company issued revenue guidance of $950 million - $1.01 billion, compared to the consensus revenue estimate of $975.90 million.

2 equities research analysts have issued 1-year price targets for ScanSource's stock. Their predictions range from $43.00 to $47.00. On average, they expect ScanSource's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets for ScanSource.

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

Some companies that are related to ScanSource include SYNNEX (SNX), Tech Data (TECD), Presidio (PSDO), ePlus (PLUS), Wayside Technology Group (WSTG), Applied Visual Sciences (APVS), Speed Commerce (SPDC) and SED International (SEDN).

ScanSource's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.14%), FMR LLC (11.96%), FMR LLC (11.97%), Dimensional Fund Advisors LP (8.36%), Pzena Investment Management LLC (4.79%) and LSV Asset Management (3.22%). Company insiders that own ScanSource stock include Gerald Lyons, John J Ellsworth, John Patrick Reilly, Michael J Grainger, Michael L Baur and Steven R Fischer. View Institutional Ownership Trends for ScanSource.

SCSC stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, United Services Automobile Association, Pzena Investment Management LLC, LSV Asset Management, FMR LLC, FMR LLC, Peregrine Capital Management LLC and Fenimore Asset Management Inc.. Company insiders that have sold ScanSource company stock in the last year include Gerald Lyons and Michael L Baur. View Insider Buying and Selling for ScanSource.

SCSC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Schwab Charles Investment Management Inc., Victory Capital Management Inc., Bank of America Corp DE, Acadian Asset Management LLC, Mackay Shields LLC, Foundry Partners LLC and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for 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.

One share of SCSC stock can currently be purchased for approximately $39.90.

ScanSource has a market capitalization of $1.03 billion 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.

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

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]