Scansource Stock Investor Sentiment
| SCSC Stock | USD 42.87 1.58 3.55% |
About 56% of ScanSource's investor base is looking to short. The analysis of overall sentiment of trading ScanSource stock suggests that many investors are alarmed at this time. ScanSource's investor sentiment overview provides quick insight into current market opportunities from investing in ScanSource. The current market sentiment, together with ScanSource's historical and current headlines, can help investors time the market. In addition, many technical investors use ScanSource stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
ScanSource stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of ScanSource daily returns and investor perception about the current price of ScanSource as well as its diversification or hedging effects on your existing portfolios.
ScanSource |
ScanSource Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ScanSource can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Far too much social signal, news, headlines, and media speculation about ScanSource that are available to investors today. That information is available publicly through ScanSource media outlets and privately through word of mouth or via ScanSource internal channels. However, regardless of the origin, that massive amount of ScanSource data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ScanSource news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ScanSource relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ScanSource's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ScanSource alpha.
ScanSource Performance against NYSE Composite
Price Growth (%) |
| Timeline |
1 | Earnings call ScanSource faces headwinds, still posts strong cash flow | 02/07/2024 |
2 | Director Peter Browning Sells 7,500 Shares of ScanSource Inc | 02/23/2024 |
3 | Intelisys Honors Advantix as Top Mobility Supplier - The Globe and Mail | 02/26/2024 |
4 | ScanSource Hits New 52-Week High at 44.68 - MarketBeat | 03/04/2024 |
5 | AQR Capital Management LLC Grows Stock Holdings in ScanSource, Inc. - Defense World | 03/11/2024 |
6 | Future Titans 3 Tech Stocks Ready to Dominate the Next Decade | 03/14/2024 |
7 | ScanSource shareholders have earned a 14 percent CAGR over the last three years - Yahoo Movies Canada | 03/18/2024 |
8 | Disposition of 30677 shares by Michael Baur of ScanSource at 37.99 subject to Rule 16b-3 | 04/05/2024 |
9 | Raymond James Associates Takes Position in ScanSource, Inc. - MarketBeat | 04/18/2024 |
10 | Disposition of 2443 shares by Michael Baur of ScanSource at 36.13 subject to Rule 16b-3 | 04/23/2024 |
Check out ScanSource Hype Analysis, ScanSource Correlation and ScanSource Performance. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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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.
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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.
Quarterly Earnings Growth 0.277 | Earnings Share 3.42 | Revenue Per Share 143.748 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0364 |
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.