Sidoti Csr Analysts Lift Earnings Estimates for ScanSource

ScanSource, Inc. (NASDAQ:SCSC - Free Report) - Research analysts at Sidoti Csr increased their Q2 2025 earnings per share estimates for shares of ScanSource in a research report issued on Friday, November 8th. Sidoti Csr analyst G. Burns now anticipates that the industrial products company will post earnings per share of $0.91 for the quarter, up from their prior estimate of $0.87. The consensus estimate for ScanSource's current full-year earnings is $3.24 per share. Sidoti Csr also issued estimates for ScanSource's Q3 2025 earnings at $0.79 EPS, Q1 2026 earnings at $0.93 EPS, Q2 2026 earnings at $1.07 EPS and Q3 2026 earnings at $0.94 EPS.

Separately, Raymond James downgraded ScanSource from an "outperform" rating to a "market perform" rating in a research report on Thursday, August 15th.

ScanSource Trading Up 0.6 %

Shares of ScanSource stock traded up $0.31 during mid-day trading on Monday, hitting $52.23. The stock had a trading volume of 46,345 shares, compared to its average volume of 210,146. ScanSource has a 12-month low of $29.82 and a 12-month high of $53.76. The firm has a market cap of $1.25 billion, a P/E ratio of 16.64, a price-to-earnings-growth ratio of 1.60 and a beta of 1.42. The firm has a 50-day moving average of $47.16 and a two-hundred day moving average of $46.83. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 0.15.

ScanSource (NASDAQ:SCSC - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.07. The business had revenue of $775.58 million during the quarter, compared to analyst estimates of $774.90 million. ScanSource had a return on equity of 8.53% and a net margin of 2.49%. The business's revenue was down 11.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.74 earnings per share.

Hedge Funds Weigh In On ScanSource

Hedge funds have recently bought and sold shares of the company. Gladius Capital Management LP purchased a new stake in ScanSource during the third quarter worth about $30,000. CWM LLC lifted its holdings in ScanSource by 164.1% during the 2nd quarter. CWM LLC now owns 647 shares of the industrial products company's stock worth $29,000 after buying an additional 402 shares in the last quarter. nVerses Capital LLC purchased a new position in ScanSource in the 2nd quarter valued at approximately $40,000. Quest Partners LLC acquired a new position in shares of ScanSource in the second quarter worth $41,000. Finally, KBC Group NV increased its position in shares of ScanSource by 59.9% during the third quarter. KBC Group NV now owns 1,182 shares of the industrial products company's stock worth $57,000 after acquiring an additional 443 shares during the period. Institutional investors and hedge funds own 97.91% of the company's stock.

ScanSource Company Profile

ScanSource, Inc engages in the distribution of technology products and solutions in the United States, Canada, and Brazil. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment provides a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, point of sale (POS), payments, networking, electronic physical security, cyber security, and other technologies.