ScanSource, Inc. (NASDAQ:SCSC – Free Report) – Equities research analysts at Sidoti Csr boosted their Q2 2025 earnings estimates for shares of ScanSource in a research report issued on Friday, November 8th. Sidoti Csr analyst G. Burns now anticipates that the industrial products company will post earnings of $0.91 per share for the quarter, up from their previous forecast of $0.87. The consensus estimate for ScanSource’s current full-year earnings is $3.24 per share. Sidoti Csr also issued estimates for ScanSource’s Q3 2025 earnings at $0.79 EPS, Q1 2026 earnings at $0.93 EPS, Q2 2026 earnings at $1.07 EPS and Q3 2026 earnings at $0.94 EPS.
Separately, Raymond James downgraded ScanSource from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 15th.
ScanSource Trading Down 0.1 %
NASDAQ:SCSC opened at $51.89 on Monday. The company’s 50 day moving average is $47.18 and its 200-day moving average is $46.90. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 0.15. ScanSource has a 12 month low of $29.82 and a 12 month high of $53.76. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 16.63, a P/E/G ratio of 1.60 and a beta of 1.42.
ScanSource (NASDAQ:SCSC – Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.07. The business had revenue of $775.58 million during the quarter, compared to analyst estimates of $774.90 million. ScanSource had a net margin of 2.49% and a return on equity of 8.53%. ScanSource’s quarterly revenue was down 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.74 EPS.
Institutional Investors Weigh In On ScanSource
Several institutional investors and hedge funds have recently made changes to their positions in SCSC. CWM LLC boosted its stake in ScanSource by 164.1% in the second quarter. CWM LLC now owns 647 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 402 shares in the last quarter. Gladius Capital Management LP acquired a new position in ScanSource during the 3rd quarter worth about $30,000. nVerses Capital LLC bought a new stake in ScanSource during the 2nd quarter worth about $40,000. Quest Partners LLC acquired a new stake in ScanSource in the 2nd quarter valued at about $41,000. Finally, KBC Group NV raised its stake in shares of ScanSource by 59.9% in the third quarter. KBC Group NV now owns 1,182 shares of the industrial products company’s stock worth $57,000 after acquiring an additional 443 shares during the last quarter. Institutional investors and hedge funds own 97.91% of the company’s stock.
About ScanSource
ScanSource, Inc engages in the distribution of technology products and solutions in the United States, Canada, and Brazil. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment provides 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.
Further Reading
- Five stocks we like better than ScanSource
- What is the Hang Seng index?
- 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion
- What does consumer price index measure?
- Monday.com’s Manic Price Pullback Is a Signal to Buy
- How Can Investors Benefit From After-Hours Trading
- 3 “Made in America” Stocks to Benefit From the Trump Presidency
Receive News & Ratings for ScanSource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ScanSource and related companies with MarketBeat.com's FREE daily email newsletter.