ScanSource Stock Forecast, Price & News

ScanSource (NASDAQ:SCSC) Frequently Asked Questions

Is ScanSource a buy right now?

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. The consensus among Wall Street analysts is that investors should "buy" ScanSource stock.
View analyst ratings for ScanSource or view top-rated stocks.

How has ScanSource's stock been impacted by Coronavirus?

ScanSource's stock was trading at $21.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SCSC shares have increased by 47.9% and is now trading at $32.40.
View which stocks have been most impacted by COVID-19.

Are investors shorting ScanSource?

ScanSource saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 208,100 shares, a decline of 27.3% from the October 31st total of 286,200 shares. Based on an average daily volume of 120,600 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.8% of the company's shares are short sold.
View ScanSource's Short Interest.

When is ScanSource's next earnings date?

ScanSource is scheduled to release its next quarterly earnings announcement on Tuesday, February 1st 2022.
View our earnings forecast for ScanSource.

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 the consensus estimate of $0.72 by $0.27. ScanSource had a trailing twelve-month return on equity of 11.89% and a net margin of 1.37%. During the same quarter in the previous year, the company earned $0.42 EPS.
View ScanSource's earnings history.

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

ScanSource updated its FY 2022 earnings guidance on Tuesday, November, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.32 B-, compared to the consensus revenue estimate of $3.32 billion.

What price target have analysts set for SCSC?

2 brokerages have issued 1-year target prices for ScanSource's shares. Their forecasts range from $44.00 to $44.00. On average, they anticipate ScanSource's share price to reach $44.00 in the next twelve months. This suggests a possible upside of 35.8% from the stock's current price.
View analysts' price targets for ScanSource or view top-rated stocks among Wall Street analysts.

Who are ScanSource's key executives?

ScanSource's management team includes the following people:

• Michael L. Baur, Chairman, President & Chief Executive Officer (LinkedIn Profile)
• James Sommese, Senior Vice President-Operations
• Stephen Jones, Chief Financial Officer & Senior Executive VP
• Rachel Hayden, Chief Information Officer & Senior Executive VP
• Matthew S. Dean, Chief Legal Officer & Senior Executive VP

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

131 employees have rated ScanSource CEO Mike Baur on Glassdoor.com. Mike Baur has an approval rating of 76% among ScanSource's employees.

Who are some of ScanSource's key competitors?

Some companies that are related to ScanSource include SYNNEX (SNX), Arrow Electronics (ARW), Insight Enterprises (NSIT), PC Connection (CNXN), Agilysys (AGYS) and Richardson Electronics (RELL).
View all of SCSC's 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), 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.77%), Victory Capital Management Inc. (8.33%), Dimensional Fund Advisors LP (7.33%), Pzena Investment Management LLC (6.26%), LSV Asset Management (2.98%) and Geode Capital Management LLC (2.09%). Company insiders that own ScanSource stock include Charles Alexander Mathis, Charles R Whitchurch, Matthew Dean, Michael J Grainger and Michael L Baur.
View institutional ownership trends for ScanSource.

Which major investors are selling ScanSource stock?

SCSC stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, BlackRock Inc., Dimensional Fund Advisors LP, Profit Investment Management LLC, Smith Graham & Co. Investment Advisors LP, Invesco Ltd., LSV Asset Management, and Thrivent Financial for Lutherans.
View insider buying and selling activity for ScanSource or view top insider-selling stocks.

Which major investors are buying ScanSource stock?

SCSC stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., AXA S.A., Geode Capital Management LLC, Hillsdale Investment Management Inc., Millennium Management LLC, Goldman Sachs Group Inc., American Century Companies Inc., and Cubist Systematic Strategies LLC. Company insiders that have bought ScanSource stock in the last two years include Charles Alexander Mathis, Matthew Dean, and Michael J Grainger.
View insider buying and selling activity for ScanSource or or view top insider-buying stocks.

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 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 $32.40.

How much money does ScanSource make?

ScanSource has a market capitalization of $827.20 million and generates $3.15 billion in revenue each year. The industrial products company earns $10.80 million in net income (profit) each year or $1.73 on an earnings per share basis.

How many employees does ScanSource have?

ScanSource employs 2,200 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..

When was ScanSource founded?

ScanSource was founded in 1992.

What is ScanSource's official website?

The official website for ScanSource is www.scansource.com.

Where are ScanSource's headquarters?

ScanSource is headquartered at 6 LOGUE COURT, GREENVILLE SC, 29615.

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, via email at [email protected], or via fax at 864-288-5515.