ScanSource, Inc. (NASDAQ:SCSC – Free Report) – Equities researchers at Sidoti decreased their FY2026 earnings per share (EPS) estimates for ScanSource in a report released on Friday, May 8th. Sidoti analyst G. Burns now anticipates that the industrial products company will earn $3.83 per share for the year, down from their previous estimate of $3.85. The consensus estimate for ScanSource’s current full-year earnings is $3.91 per share. Sidoti also issued estimates for ScanSource’s Q4 2026 earnings at $1.04 EPS, Q1 2027 earnings at $0.88 EPS, Q3 2027 earnings at $1.08 EPS, Q4 2027 earnings at $1.38 EPS, FY2027 earnings at $4.38 EPS and FY2028 earnings at $5.08 EPS.
Several other equities research analysts also recently weighed in on the company. Zacks Research raised ScanSource from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Wall Street Zen downgraded ScanSource from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $43.00.
ScanSource Price Performance
SCSC stock opened at $43.73 on Tuesday. The company has a market capitalization of $889.03 million, a P/E ratio of 13.25, a PEG ratio of 0.78 and a beta of 1.28. ScanSource has a twelve month low of $33.76 and a twelve month high of $46.64. The business has a 50 day simple moving average of $38.08 and a 200-day simple moving average of $39.50. The company has a current ratio of 1.86, a quick ratio of 1.20 and a debt-to-equity ratio of 0.11.
ScanSource (NASDAQ:SCSC – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The industrial products company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.03. The business had revenue of $758.59 million during the quarter, compared to the consensus estimate of $738.55 million. ScanSource had a return on equity of 9.35% and a net margin of 2.38%.The company’s revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.86 earnings per share.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Canada Pension Plan Investment Board purchased a new position in ScanSource in the second quarter worth $25,000. Royal Bank of Canada increased its position in shares of ScanSource by 165.0% in the fourth quarter. Royal Bank of Canada now owns 1,876 shares of the industrial products company’s stock valued at $73,000 after buying an additional 1,168 shares in the last quarter. CWM LLC increased its position in shares of ScanSource by 159.6% in the third quarter. CWM LLC now owns 1,874 shares of the industrial products company’s stock valued at $82,000 after buying an additional 1,152 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of ScanSource by 400.5% in the second quarter. Osaic Holdings Inc. now owns 2,087 shares of the industrial products company’s stock valued at $87,000 after buying an additional 1,670 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of ScanSource by 672.0% in the second quarter. Tower Research Capital LLC TRC now owns 4,632 shares of the industrial products company’s stock valued at $194,000 after buying an additional 4,032 shares in the last quarter. Hedge funds and other institutional investors own 97.91% of the company’s stock.
Insider Buying and Selling at ScanSource
In other ScanSource news, CEO Michael L. Baur sold 21,173 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $35.76, for a total value of $757,146.48. Following the completion of the transaction, the chief executive officer owned 161,339 shares in the company, valued at approximately $5,769,482.64. This represents a 11.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Charles Alexander Mathis acquired 6,000 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was acquired at an average price of $35.20 per share, with a total value of $211,200.00. Following the transaction, the director directly owned 24,793 shares of the company’s stock, valued at $872,713.60. This represents a 31.93% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.18% of the company’s stock.
About ScanSource
ScanSource, Inc is a global provider of technology products and solutions designed to help businesses enhance operational efficiency and customer engagement. The company specializes in the distribution of point-of-sale (POS) systems, barcode and data capture devices, networking and communications equipment, and value-added software and cloud services. By combining hardware, software and professional services, ScanSource supports channel partners in delivering end-to-end solutions across multiple industries, including retail, hospitality, healthcare and logistics.
Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource has built a broad international footprint, serving customers throughout North, Central and South America as well as Europe, the Middle East and Africa.
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