ScanSource Inc (NASDAQ: SCSC) has reported E.P.S. of $0.66 for its fourth fiscal quarter (ending June 30) versus $0.69 for the same period a year ago. E.P.S. were $3.10 for the latest four quarters through June 30 versus $3.50 for the same period a year ago.
Recent Price Action
ScanSource Inc (NASDAQ: SCSC) stock closed at $47.90 on 8/27/24 after a decline of -2.1%. Moreover, trading volume in this decline was exceptionally high at 215% of normal. The stock has declined -2.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SCSC is expected to continue to be a Value Builder.
ScanSource has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ScanSource has a neutral Appreciation Score of 48 but a good Power Rating of 82, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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