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 most optimistic price target was 50, implying a possible profit of 25.16 percent. The most pessimistic analyst gave a price target of 44, implying potential capital losses of 10.14 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
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. 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. Today's price is 37.52 percent above the 52-week low, and 11.12 percent lower than its 52-week 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 market cap of SCSC is $1.01 billion. SCSC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.