ScanSource Inc (NASDAQ: SCSC) has reported earnings for its second fiscal quarter (ending December 31) of $0.72 versus $1.31 for the same period a year ago — a decline of -45%. E.P.S. were $2.59 for the latest four quarters through December 31 versus $3.46 for the same period a year ago — a decline of -25%.
Recent Price Action
ScanSource Inc (NASDAQ: SCSC) stock suffered a major decline of -14.8% on 1/30/25. The shares closed at $42.59. Moreover, trading volume in this decline was exceptionally high at 282% of normal. The stock has been strong relative to the market over the last nine months but has declined -17.1% during the last week.
Current PriceTarget Research Rating
ScanSource has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. ScanSource has a neutral Appreciation Score of 51 and a neutral Power Rating of 57, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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