Scansource Stock In The News
| SCSC Stock | USD 40.59 0.20 0.49% |
The tone or emotional content of news articles related to ScanSource can affect its prices. Positive news sentiment can lead to an increase in demand for ScanSource's stock, while negative news sentiment can lead to a decrease in demand. Our overall analysis of ScanSource's news coverage and content from conventional and social sources shows investors' bearish mood towards ScanSource. The specific impact of ScanSource news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of ScanSource's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using ScanSource headlines in addition to utilizing other, more conventional financial analysis modules. Check out ScanSource Backtesting and ScanSource Hype Analysis. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.
ScanSource |
ScanSource Today Top News and Investor Outlook
ScanSource Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide ScanSource and other traded companies coverage. We help investors stay connected with ScanSource headlines for the 16th of April 2024 to make an informed investment decision based on correlating the impacts of news items on ScanSource Stock performance. Please note that trading solely based on the ScanSource hype is not for everyone as timely availability and quick action are needed to avoid losses.ScanSource stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the ScanSource earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
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 Largest EPS Surprises
Earnings surprises can significantly impact ScanSource's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-08-12 | 1999-06-30 | 0.09 | 0.1 | 0.01 | 11 | ||
1999-04-29 | 1999-03-31 | 0.08 | 0.09 | 0.01 | 12 | ||
1999-01-28 | 1998-12-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1998-08-13 | 1998-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
1997-10-27 | 1997-09-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2002-04-25 | 2002-03-31 | 0.18 | 0.2 | 0.02 | 11 |
ScanSource Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to ScanSource Stock. Current markets are slightly bearish. About 56% of major world exchanges and indexes are down. See today's market update for more information.
5th of April 2024
Acquisition by Charles Mathis of 5300 shares of ScanSource at 28.66 subject to Rule 16b-3 at news.google.com
26th of March 2024
Acquisition by Peter Browning of 4759 shares of ScanSource at 31.52 subject to Rule 16b-3 at news.google.com
15th of March 2024
Calculating The Intrinsic Value Of ScanSource, Inc. at simplywall.st
12th of March 2024
When Should You Buy ScanSource, Inc. at finance.yahoo.com
5th of March 2024
Quadrature Capital Ltd Buys 23,725 Shares of ScanSource, Inc. - MarketBeat at news.google.com
27th of February 2024
Is Scansource Inc Stock Near the Top of the Electronics Computer Distribution Industry - I... at news.google.com
21st of February 2024
Disposition of 7500 shares by Peter Browning of ScanSource at 41.17 subject to Rule 16b-3 at news.google.com
14th of February 2024
Should You Buy Scansource Inc in Electronics Computer Distribution Industry - InvestorsObs... at news.google.com
7th of February 2024
ScanSource Misses Q2 Earnings Estimates, Lowers View at zacks.com
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ScanSource in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ScanSource's short interest history, or implied volatility extrapolated from ScanSource options trading.
Check out ScanSource Backtesting and ScanSource Hype Analysis. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for ScanSource Stock analysis
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.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |
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.