Analyst Ratings for Scansource Inc. (SCSC)Updated: 2017-07-27
Analysts covering Scansource Inc. (NASDAQ:SCSC) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for SCSC last month.
4 analysts issued ratings on the stock, where 2 gave SCSC a buy rating, 1 issued an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for SCSC. The maximum price target given was 50, implying potential capital gains of 25.16 percent. The lowest price target was 44, implying a possible loss of 10.14 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -10.51 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -2.99 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of SCSC to grow at a rate of 22.05 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SCSC is 0.73.
In the trailing 52-weeks, SCSC hit 44.95 at the highest peak, while it's lowest trading point was 29.05. The current market price is above the trailing year's low by 37.52 percent, and 11.12 percent below the high. SCSC has a P/E ratio of 16.11. Investors typically compare the P/E ratio to a company's peers in the industry. The SCSC value stock report compares SCSC to some of its peers using value stock charts. The stock has a market capitalization of $1.01 billion. SCSC will post this quarters earnings in days, on 0000-00-00.