Sidoti Csr Issues Negative Estimate for ScanSource Earnings

ScanSource, Inc. (NASDAQ:SCSC) – Analysts at Sidoti Csr decreased their FY2026 earnings per share (EPS) estimates for shares of ScanSource in a report issued on Friday, February 6th. Sidoti Csr analyst G. Burns now anticipates that the industrial products company will earn $3.85 per share for the year, down from their previous estimate of $4.13. The consensus estimate for ScanSource’s current full-year earnings is $3.33 per share. Sidoti Csr also issued estimates for ScanSource’s Q4 2026 earnings at $1.12 EPS, Q1 2027 earnings at $0.89 EPS, Q2 2027 earnings at $1.06 EPS, Q3 2027 earnings at $1.11 EPS, Q4 2027 earnings at $1.36 EPS and FY2027 earnings at $4.42 EPS.

ScanSource (NASDAQ:SCSC) last posted its quarterly earnings results on Thursday, February 5th. The industrial products company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.20). The company had revenue of $766.51 million during the quarter, compared to analyst estimates of $782.46 million. ScanSource had a net margin of 2.44% and a return on equity of 9.35%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $0.85 EPS.

SCSC has been the topic of a number of other reports. Wall Street Zen cut shares of ScanSource from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Zacks Research downgraded ScanSource from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of ScanSource in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $42.50.

ScanSource Price Performance

Shares of NASDAQ:SCSC opened at $36.71 on Monday. The firm has a 50 day moving average of $40.73 and a 200-day moving average of $41.72. ScanSource has a 12 month low of $28.75 and a 12 month high of $46.25. The company has a current ratio of 1.96, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $788.53 million, a PE ratio of 11.26, a PEG ratio of 0.64 and a beta of 1.28.

Insider Buying and Selling at ScanSource

In other ScanSource news, CEO Michael L. Baur sold 9,559 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $40.82, for a total value of $390,198.38. Following the completion of the transaction, the chief executive officer owned 191,971 shares of the company’s stock, valued at $7,836,256.22. This represents a 4.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Stephen Jones sold 5,020 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $42.30, for a total value of $212,346.00. Following the completion of the transaction, the chief financial officer owned 83,326 shares of the company’s stock, valued at $3,524,689.80. This represents a 5.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 25,020 shares of company stock valued at $1,035,669 over the last quarter. Company insiders own 3.18% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. boosted its position in ScanSource by 4.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,454 shares of the industrial products company’s stock worth $240,000 after buying an additional 250 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of ScanSource by 2.6% during the second quarter. Nisa Investment Advisors LLC now owns 10,145 shares of the industrial products company’s stock valued at $424,000 after acquiring an additional 259 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of ScanSource by 2.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,859 shares of the industrial products company’s stock worth $471,000 after purchasing an additional 295 shares during the period. Bailard Inc. grew its stake in shares of ScanSource by 6.8% in the third quarter. Bailard Inc. now owns 6,300 shares of the industrial products company’s stock worth $277,000 after purchasing an additional 400 shares during the last quarter. Finally, Strs Ohio grew its stake in shares of ScanSource by 2.6% in the third quarter. Strs Ohio now owns 15,600 shares of the industrial products company’s stock worth $686,000 after purchasing an additional 400 shares during the last quarter. Institutional investors and hedge funds own 97.91% of the company’s stock.

ScanSource Company Profile

ScanSource, Inc is a global provider of technology products and solutions designed to help businesses enhance operational efficiency and customer engagement. The company specializes in the distribution of point-of-sale (POS) systems, barcode and data capture devices, networking and communications equipment, and value-added software and cloud services. By combining hardware, software and professional services, ScanSource supports channel partners in delivering end-to-end solutions across multiple industries, including retail, hospitality, healthcare and logistics.

Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource has built a broad international footprint, serving customers throughout North, Central and South America as well as Europe, the Middle East and Africa.