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 most optimistic price target was 50, implying a possible profit of 25.16 percent. The most pessimistic price target was 44, which equates to a potential downside of 10.14 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -10.51 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
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, while 0 analysts decreased their estimates.
SCSC has an estimated earnings growth rate of 22.05 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SCSC is 0.73.
SCSC has a 52-week high of 44.95 and a 52-week low of 29.05. Currently the stock is 37.52 percent higher than its low, 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 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.