ScanSource(SCSC)
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Despite Fast-paced Momentum, ScanSource (SCSC) Is Still a Bargain Stock
ZACKS· 2024-12-17 14:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
ScanSource Stock Hits 52-Week High: Is There More Room for Growth?
ZACKS· 2024-12-12 18:55
Shares of ScanSource (SCSC) hit a new 52-week high of $53.82 yesterday, before closing lower at $53.11. SCSC stock has gained 34.1% in the year-to-date period compared with the industry’s 12.7% growth and the S&P 500’s 28.6% rise. Meanwhile, the Industrial Products sector has gained 12.7%.ScanSource’s recent share price performance was bolstered by upbeat first-quarter fiscal 2025 results. Despite lower revenues due to cautious technology spending, SCSC delivered improved margins and earnings aided by its e ...
Should Value Investors Buy ScanSource (SCSC) Stock?
ZACKS· 2024-12-02 20:26
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find compa ...
ScanSource (SCSC) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-11-29 14:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
Is ScanSource (SCSC) Outperforming Other Industrial Products Stocks This Year?
ZACKS· 2024-11-19 15:46
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has ScanSource (SCSC) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.ScanSource is a member of the Industrial Products sector. This group includes 213 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank gauges the ...
Are Investors Undervaluing ScanSource (SCSC) Right Now?
ZACKS· 2024-11-14 15:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of a ...
ScanSource (SCSC) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-11-12 14:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
SCSC vs. GWW: Which Stock Is the Better Value Option?
ZACKS· 2024-11-11 17:45
Investors with an interest in Industrial Services stocks have likely encountered both ScanSource (SCSC) and W.W. Grainger (GWW) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies ...
ScanSource(SCSC) - 2025 Q1 - Earnings Call Transcript
2024-11-09 16:59
ScanSource, Inc. (NASDAQ:SCSC) Q1 2025 Earnings Conference Call November 7, 2024 10:30 AM ET Company Participants Mary Gentry - Senior Vice President, Treasurer and Investor Relations Mike Baur - Chair and Chief Executive Officer Steve Jones - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Keith Housum - Northcoast Research Michael Latimore - Northland Securities Logan Katzman - Raymond James Operator Welcome to the ScanSource Quarterly Earnings Con ...
ScanSource (SCSC) Beats Q1 Earnings Estimates
ZACKS· 2024-11-07 15:40
ScanSource (SCSC) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this technology products distributor would post earnings of $0.95 per share when it actually produced earnings of $0.80, delivering a surprise of -15.79%.Over the last four qua ...