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NASDAQ:SCSC - ScanSource Stock Price, Forecast & News

$28.78
-0.78 (-2.64 %)
(As of 02/28/2020 04:51 AM ET)
Today's Range
$28.15
Now: $28.78
$29.79
50-Day Range
$28.78
MA: $33.46
$36.33
52-Week Range
$26.84
Now: $28.78
$39.14
Volume234,000 shs
Average Volume107,728 shs
Market Capitalization$729.46 million
P/E Ratio15.99
Dividend YieldN/A
Beta0.94
ScanSource, Inc distributes technology products and solutions in North America, Latin America, and Europe. It operates in two segments, Worldwide Barcode, Networking & Security (WW Barcode, Networking & Security); and Worldwide Communications & Services (WW Communications & Services). The WW Barcode, Networking & Security segment offers 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. Read More…

Industry, Sector and Symbol

Industry Computers, peripherals, & software
Sub-IndustryTechnology Distributors
SectorIndustrial Products
Current SymbolNASDAQ:SCSC
CUSIP80603710
Phone864-288-2432

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.87 billion
Cash Flow$4.74 per share
Book Value$36.60 per share

Profitability

Net Income$57.60 million

Miscellaneous

Employees2,700
Market Cap$729.46 million
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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ScanSource (NASDAQ:SCSC) Frequently Asked Questions

What is ScanSource's stock symbol?

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

How were ScanSource's earnings last quarter?

ScanSource, Inc. (NASDAQ:SCSC) announced its earnings results on Tuesday, February, 4th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by $0.04. The industrial products company had revenue of $989.50 million for the quarter, compared to analyst estimates of $908.27 million. ScanSource had a return on equity of 8.32% and a net margin of 1.20%. The company's revenue for the quarter was down 5.4% compared to the same quarter last year. During the same period last year, the firm earned $0.96 EPS. View ScanSource's Earnings History.

When is ScanSource's next earnings date?

ScanSource is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for ScanSource.

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

ScanSource issued an update on its third quarter earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of $0.44-0.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.69. The company issued revenue guidance of $725-775 million, compared to the consensus revenue estimate of $790.20 million.

What price target have analysts set for SCSC?

2 Wall Street analysts have issued 12-month target prices for ScanSource's stock. Their forecasts range from $36.00 to $36.00. On average, they anticipate ScanSource's share price to reach $36.00 in the next twelve months. This suggests a possible upside of 25.1% from the stock's current price. View Analyst Price Targets for ScanSource.

What is the consensus analysts' recommendation for ScanSource?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ScanSource in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ScanSource.

Has ScanSource been receiving favorable news coverage?

News stories about SCSC stock have been trending negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ScanSource earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for ScanSource.

Are investors shorting ScanSource?

ScanSource saw a drop in short interest in January. As of January 31st, there was short interest totalling 471,200 shares, a drop of 18.7% from the January 15th total of 579,700 shares. Based on an average daily volume of 115,400 shares, the days-to-cover ratio is presently 4.1 days. Currently, 1.9% of the company's shares are short sold. View ScanSource's Current Options Chain.

Who are some of ScanSource's key 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 Las Vegas Sands (LVS), Pattern Energy Group (PEGI), SYNNEX (SNX), Timkensteel (TMST), FireEye (FEYE), Universal Forest Products (UFPI), Walgreens Boots Alliance (WBA), Carnival (CCL), Chewy (CHWY) and Brinker International (EAT).

Who are ScanSource's key executives?

ScanSource's management team includes the folowing people:
  • Mr. Michael L. Baur, Founder, Chairman & CEO (Age 62)
  • Mr. Gerald Lyons, Exec. VP & CFO (Age 56)
  • Mr. James Sommese, VP of Operations (Age 48)
  • Mr. Gregory B. Dixon, Chief Technology Officer
  • Mr. Blake Zemp, Chief Information Officer

Who are ScanSource's major shareholders?

ScanSource's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (5.78%), Victory Capital Management Inc. (5.61%), Victory Capital Management Inc. (5.57%), State Street Corp (3.41%), LSV Asset Management (2.99%) and Charles Schwab Investment Management Inc. (1.81%). Company insiders that own ScanSource stock include Charles R Whitchurch, Gerald Lyons, 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 LSV Asset Management, New York State Common Retirement Fund, Public Sector Pension Investment Board, Barclays PLC, Arizona State Retirement System, CNA Financial Corp, Jacobs Levy Equity Management Inc. and Tocqueville Asset Management L.P.. 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.

Which major investors are buying ScanSource stock?

SCSC stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., AQR Capital Management LLC, Prudential Financial Inc., Hotchkis & Wiley Capital Management LLC, Goldman Sachs Group Inc. and Acadian Asset Management LLC. View Insider Buying and Selling for ScanSource.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is ScanSource's stock price today?

One share of SCSC stock can currently be purchased for approximately $28.78.

How big of a company is ScanSource?

ScanSource has a market capitalization of $729.46 million and generates $3.87 billion in revenue each year. The industrial products company earns $57.60 million in net income (profit) each year or $3.36 on an earnings per share basis. ScanSource employs 2,700 workers across the globe.View Additional Information About ScanSource.

What is ScanSource's official website?

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

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 or via email at [email protected]


MarketBeat Community Rating for ScanSource (NASDAQ SCSC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  198 (Vote Outperform)
Underperform Votes:  284 (Vote Underperform)
Total Votes:  482
MarketBeat's community ratings are surveys of what our community members think about ScanSource and other stocks. Vote "Outperform" if you believe SCSC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCSC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/28/2020 by MarketBeat.com Staff

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