Scansource Stock Analysis

ScanSource Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.08. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ScanSource has Price/Earnings To Growth (PEG) ratio of 0.98. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 6th of June 2006. 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. It employs 2700 people. To find out more about ScanSource contact Michael Baur at 864 288 2432 or learn more at https://www.scansource.com.

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ScanSource Thematic Classifications

ScanSource Stock Institutional Investors

Note, although ScanSource's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ScanSource Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ScanSource's market, we take the total number of its shares issued and multiply it by ScanSource's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

ScanSource Profitablity

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.

Management Efficiency

ScanSource has return on total asset (ROA) of 0.0364 % which means that it generated a profit of $0.0364 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0952 %, meaning that it created $0.0952 on every $100 dollars invested by stockholders. ScanSource's management efficiency ratios could be used to measure how well ScanSource manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.06. The current year's Return On Capital Employed is expected to grow to 0.10. At present, ScanSource's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 25.2 M, whereas Intangible Assets are forecasted to decline to about 45.1 M.

Technical Drivers

As of the 19th of April, ScanSource has the Risk Adjusted Performance of 0.0601, coefficient of variation of 1156.57, and Semi Deviation of 1.51. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of ScanSource, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for ScanSource, which can be compared to its competition. Please validate ScanSource treynor ratio, and the relationship between the standard deviation and downside variance to decide if ScanSource is priced more or less accurately, providing market reflects its prevalent price of 40.5 per share. Given that ScanSource has jensen alpha of 0.0678, we advise you to double-check ScanSource's current market performance to make sure the company can sustain itself at a future point.

ScanSource Price Movement Analysis

ScanSource Insider Trading Activities

ScanSource Predictive Daily Indicators

ScanSource Corporate Filings

ScanSource Forecast Models

ScanSource's time-series forecasting models are one of many ScanSource's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ScanSource's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how ScanSource prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ScanSource shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ScanSource. By using and applying ScanSource Stock analysis, traders can create a robust methodology for identifying ScanSource entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ScanSource analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ScanSource analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

ScanSource stock analysis indicators help investors evaluate how ScanSource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ScanSource shares will generate the highest return on investment. By understating and applying ScanSource stock analysis, traders can identify ScanSource position entry and exit signals to maximize returns.

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When running ScanSource's price analysis, check to measure ScanSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ScanSource is operating at the current time. Most of ScanSource's value examination focuses on studying past and present price action to predict the probability of ScanSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ScanSource's price. Additionally, you may evaluate how the addition of ScanSource to your portfolios can decrease your overall portfolio volatility.

Is ScanSource's industry 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.

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.