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NASDAQ:SCSC

ScanSource - SCSC Stock Forecast, Price & News

$29.09
+0.13 (+0.45%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$28.45
▼
$29.13
50-Day Range
$28.63
▼
$35.33
52-Week Range
$25.75
▼
$41.01
Volume
80,584 shs
Average Volume
108,593 shs
Market Capitalization
$737.43 million
P/E Ratio
7.99
Dividend Yield
N/A
Price Target
$40.00

ScanSource MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.5% Upside
$40.00 Price Target
Short Interest
Healthy
1.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.60
Upright™ Environmental Score
News Sentiment
-0.61mentions of ScanSource in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$73,600 Sold Last Quarter
Proj. Earnings Growth
7.13%
From $4.07 to $4.36 Per Share

Overall MarketRank™

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

2.85 out of 5 stars

Industrial Products Sector

18th out of 177 stocks

Computers, Peripherals, & Software Industry

4th out of 6 stocks

See Top Rated MarketRank™ Stocks Here

SCSC stock logo

About ScanSource (NASDAQ:SCSC) Stock

ScanSource, Inc. engages in the development and provision of technology products and services. It operates through the Worldwide Barcode, Networking and Security, and Worldwide Communications and Services segments. The Worldwide Barcode, Networking and Security segment offers enterprise mobile computing, cyber security, automatic identification and data capture, point-of-sale, electronic physical security, and three-dimensional printing technologies. The Worldwide Communications and Services segment includes voice, video conferencing, wireless, data networking, and converged communications solutions. The company was founded by Michael L. Baur and Steven H. Owings in December 1992 and is headquartered in Greenville, SC.

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SCSC Stock News Headlines

March 22, 2023 | finance.yahoo.com
ScanSource (NASDAQ:SCSC) shareholders have earned a 14% CAGR over the last three years
March 22, 2023 | americanbankingnews.com
ScanSource, Inc. (NASDAQ:SCSC) Insider John Charles Eldh Sells 2,500 Shares of Stock
March 24, 2023 | Stansberry Research (Ad)
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
February 24, 2023 | finance.yahoo.com
Could The Market Be Wrong About ScanSource, Inc. (NASDAQ:SCSC) Given Its Attractive Financial Prospects?
February 23, 2023 | finance.yahoo.com
ScanSource Announces Appointment of Chief Legal Officer
February 10, 2023 | finance.yahoo.com
ScanSource (SCSC) Q2 Earnings and Sales Beat Estimates
February 10, 2023 | finance.yahoo.com
Why ScanSource Stock Was Down This Week
February 8, 2023 | finance.yahoo.com
ScanSource Second Quarter 2023 Earnings: Beats Expectations
March 24, 2023 | Stansberry Research (Ad)
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
February 7, 2023 | msn.com
ScanSource Non-GAAP EPS of $1.06 beats by $0.02, revenue of $1.01B beats by $78.87M
February 7, 2023 | finance.yahoo.com
ScanSource (SCSC) Surpasses Q2 Earnings and Revenue Estimates
February 3, 2023 | finance.yahoo.com
Returns At ScanSource (NASDAQ:SCSC) Are On The Way Up
February 1, 2023 | tmcnet.com
ScanSource Named to FORTUNE's List of World's Most Admired Companies for Seventh Consecutive Year
February 1, 2023 | finance.yahoo.com
ScanSource Named to FORTUNE’s List of World’s Most Admired Companies for Seventh Consecutive Year
January 20, 2023 | finance.yahoo.com
Here's Why ScanSource (NASDAQ:SCSC) Has Caught The Eye Of Investors
January 18, 2023 | finance.yahoo.com
ScanSource to Announce Second Quarter Fiscal Year 2023 Results February 7, 2023
December 20, 2022 | finance.yahoo.com
ScanSource, Inc. (SCSC) Stock Historical Prices & Data - Yahoo Finance
December 5, 2022 | msn.com
ScanSource Earnings Perspective: Return On Invested Capital
November 8, 2022 | finance.yahoo.com
ScanSource Announces Retirement of Mike Grainger From Board of Directors
November 8, 2022 | finance.yahoo.com
ScanSource Delivers Outstanding First Quarter Performance
November 5, 2022 | finance.yahoo.com
Why ScanSource, Inc. (NASDAQ:SCSC) Could Be Worth Watching
October 19, 2022 | finance.yahoo.com
ScanSource to Announce First Quarter Fiscal Year 2023 Results November 8, 2022
October 13, 2022 | finance.yahoo.com
ScanSource (NASDAQ:SCSC) shareholders have endured a 39% loss from investing in the stock five years ago
September 20, 2022 | nasdaq.com
The Return Trends At ScanSource (NASDAQ:SCSC) Look Promising
September 16, 2022 | reuters.com
SCSC.O - ScanSource, Inc. | Stock Price & Latest News | Reuters
September 13, 2022 | msn.com
ScanSource's Return On Capital Employed Insights
September 11, 2022 | finance.yahoo.com
Are ScanSource, Inc.'s (NASDAQ:SCSC) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
See More Headlines
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SCSC Company Calendar

Last Earnings
2/07/2023
Today
3/24/2023
Next Earnings (Estimated)
5/09/2023
Fiscal Year End
6/30/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computers, peripherals, & software
Sub-Industry
Technology Distributors
Sector
Industrial Products
Current Symbol
NASDAQ:SCSC
CUSIP
80603710
CIK
918965
Web
www.scansource.com
Phone
(864) 288-2432
Fax
864-288-5515
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
+38.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.64
Trailing P/E Ratio
7.96
Forward P/E Ratio
7.12
P/E Growth
0.72
Net Income
$88.80 million
Net Margins
2.48%
Pretax Margin
3.38%
Return on Equity
12.63%
Return on Assets
5.27%

Debt

Debt-to-Equity Ratio
0.44
Current Ratio
2.05
Quick Ratio
1.14

Sales & Book Value

Annual Sales
$3.53 billion
Price / Sales
0.21
Cash Flow
$5.18 per share
Price / Cash Flow
5.59
Book Value
$31.96 per share
Price / Book
0.91

Miscellaneous

Outstanding Shares
25,350,000
Free Float
24,175,000
Market Cap
$734.14 million
Optionable
Optionable
Beta
1.45

Social Links


Key Executives

  • Michael L. BaurMichael L. Baur
    Chairman & Chief Executive Officer
  • John Eldh
    President
  • Stephen Jones
    Chief Financial Officer & Senior Executive VP
  • Rachel Hayden
    Chief Information Officer & Senior Executive VP
  • Shana Cochrane Smith
    Chief Legal Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













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 twelve months. 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 12-month target prices for ScanSource's stock. Their SCSC share price forecasts range from $40.00 to $40.00. On average, they expect the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 38.1% 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 2023?

ScanSource's stock was trading at $29.22 at the beginning of the year. Since then, SCSC shares have decreased by 0.9% and is now trading at $28.96.
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, May 9th 2023.
View our SCSC earnings forecast.

How were ScanSource's earnings last quarter?

ScanSource, Inc. (NASDAQ:SCSC) issued its quarterly earnings results on Tuesday, February, 7th. The industrial products company reported $1.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.04 by $0.02. The industrial products company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $931.13 million. ScanSource had a net margin of 2.48% and a trailing twelve-month return on equity of 12.63%. ScanSource's quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.02 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), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Information Technology ETF (PSCT), Hartford Multifactor Small Cap ETF (ROSC), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Invesco S&P SmallCap Quality ETF (XSHQ), Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL) and Schwab Fundamental U.S. Small Company Index ETF (FNDA).

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

ScanSource updated its FY 2023 earnings guidance on Tuesday, February, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.76B-, compared to the consensus revenue estimate of $3.79 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 many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.17%), Victory Capital Management Inc. (7.03%), Victory Capital Management Inc. (7.03%), Victory Capital Management Inc. (7.03%), Pzena Investment Management LLC (6.08%) and JPMorgan Chase & Co. (2.32%). Insiders that own company stock include Charles Alexander Mathis, Charles R Whitchurch, John Charles Eldh, 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 $28.96.

How much money does ScanSource make?

ScanSource (NASDAQ:SCSC) has a market capitalization of $734.14 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 $3.64 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..
Read More
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 3/24/2023 by MarketBeat.com Staff