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.
SCSC was given price targets by several analysts. The maximum price target given was 50, implying a possible profit of 25.16 percent. The most pessimistic analyst gave a price target of 44, which equates to a potential downside of 10.14 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.99 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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.
SCSC has an estimated earnings growth rate of 22.05 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SCSC has a PEG ratio of 0.73.
In the last 52-weeks, SCSC has achieved a high of 44.95 and a low of 29.05. The current market price is above the trailing year's low by 37.52 percent, and below the high by 11.12 percent. SCSC has a price/earnings 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 market cap of SCSC is $1.01 billion. SCSC's next earnings release will be on 0000-00-00, which is days away.