Scansource Stock Today

SCSC Stock  USD 50.49  1.38  2.66%   

Performance

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Odds Of Distress

Less than 6

 
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ScanSource is trading at 50.49 as of the 28th of November 2024, a 2.66 percent decrease since the beginning of the trading day. The stock's open price was 51.87. ScanSource has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for ScanSource are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
18th of March 1994
Category
Technology
Classification
Information Technology
ScanSource, Inc. distributes technology products and solutions in the United States, Canada, and internationally. ScanSource, Inc. was incorporated in 1992 and is headquartered in Greenville, South Carolina. Scansource operates under Electronics Computer Distribution classification in the United States and is traded on NASDAQ Exchange. The company has 23.82 M outstanding shares of which 1.82 M shares are at this time shorted by private and institutional investors with about 10.22 trading days to cover. More on ScanSource

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ScanSource Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Founder, CEO and DirectorMichael Baur
Thematic IdeaElectronics (View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Electronics & Computer Distribution, Information Technology, NASDAQ Composite, SP Small-Cap 600, Electronics, Information Technology, Electronic Equipment, Instruments & Components, Electronics & Computer Distribution, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.61.8323
Significantly Up
Very volatile
Gross Profit Margin0.130.1142
Fairly Up
Pretty Stable
Total Current Liabilities395.5 M669.4 M
Way Down
Slightly volatile
Non Current Liabilities Total120.4 M185.4 M
Way Down
Slightly volatile
Total Assets990.4 M1.8 B
Way Down
Slightly volatile
Total Current Assets803 M1.4 B
Way Down
Slightly volatile
Debt Levels
ScanSource can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ScanSource's financial leverage. It provides some insight into what part of ScanSource's total assets is financed by creditors.
Liquidity
ScanSource currently holds 153.96 M in liabilities with Debt to Equity (D/E) ratio of 0.36, which is about average as compared to similar companies. ScanSource has a current ratio of 1.83, which is within standard range for the sector. Note, when we think about ScanSource's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

278.11 Million
ScanSource (SCSC) is traded on NASDAQ Exchange in USA. It is located in 6 Logue Court, Greenville, SC, United States, 29615 and employs 2,300 people. ScanSource is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.2 B. ScanSource conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 23.82 M outstanding shares of which 1.82 M shares are at this time shorted by private and institutional investors with about 10.22 trading days to cover. ScanSource currently holds about 37.99 M in cash with 371.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Check ScanSource Probability Of Bankruptcy
Ownership Allocation
The majority of ScanSource outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in ScanSource to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in ScanSource. Please pay attention to any change in the institutional holdings of ScanSource as this could imply that something significant has changed or is about to change at the company.
Check ScanSource Ownership Details

ScanSource Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
424.4 K
Lsv Asset Management2024-09-30
420.8 K
Bridgeway Capital Management, Llc2024-09-30
359.6 K
Jpmorgan Chase & Co2024-06-30
286 K
Ameriprise Financial Inc2024-06-30
275.4 K
Northern Trust Corp2024-09-30
253.6 K
Dana Investment Advisors Inc2024-09-30
245.1 K
Jacobs Levy Equity Management, Inc.2024-09-30
220.9 K
Aqr Capital Management Llc2024-06-30
211.6 K
Blackrock Inc2024-06-30
4.3 M
Vanguard Group Inc2024-09-30
3.1 M
View ScanSource Diagnostics

ScanSource Historical Income Statement

At present, ScanSource's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 5.4 M, whereas Total Revenue is forecasted to decline to about 2.1 B. View More Fundamentals

ScanSource Stock Against Markets

ScanSource Corporate Management

When determining whether ScanSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ScanSource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scansource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scansource Stock:
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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ScanSource. If investors know ScanSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ScanSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.131
Earnings Share
3.14
Revenue Per Share
127.985
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0327
The market value of ScanSource is measured differently than its book value, which is the value of ScanSource that is recorded on the company's balance sheet. Investors also form their own opinion of ScanSource's value that differs from its market value or its book value, called intrinsic value, which is ScanSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ScanSource's market value can be influenced by many factors that don't directly affect ScanSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScanSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.