Headlines about ScanSource (NASDAQ:SCSC) have trended somewhat positive on Wednesday, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ScanSource earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.9896943814005 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Several research analysts recently issued reports on SCSC shares. ValuEngine raised ScanSource from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research cut ScanSource from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. TheStreet cut ScanSource from a “b” rating to a “c+” rating in a research report on Wednesday, November 8th. BidaskClub cut ScanSource from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 7th. Finally, Northcoast Research cut ScanSource from a “buy” rating to a “neutral” rating in a research report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $45.75.

ScanSource (NASDAQ:SCSC) opened at $34.90 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.94 and a quick ratio of 1.08. ScanSource has a 1 year low of $33.55 and a 1 year high of $45.35. The firm has a market capitalization of $875.61, a price-to-earnings ratio of 12.10, a price-to-earnings-growth ratio of 3.84 and a beta of 1.03.

ScanSource (NASDAQ:SCSC) last posted its quarterly earnings data on Monday, November 6th. The industrial products company reported $0.76 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by ($0.02). ScanSource had a return on equity of 8.78% and a net margin of 1.65%. The business had revenue of $924.56 million during the quarter, compared to analysts’ expectations of $966.20 million. During the same period in the prior year, the firm posted $0.68 EPS. The firm’s revenue for the quarter was down .9% on a year-over-year basis. equities analysts expect that ScanSource will post 2.98 EPS for the current year.

In other ScanSource news, CEO Michael L. Baur sold 5,435 shares of the company’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $43.80, for a total value of $238,053.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John Patrick Reilly sold 5,000 shares of the company’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $40.70, for a total value of $203,500.00. Following the completion of the transaction, the director now owns 16,900 shares in the company, valued at $687,830. The disclosure for this sale can be found here. Insiders have sold a total of 90,397 shares of company stock worth $3,959,574 in the last ninety days. Insiders own 2.35% of the company’s stock.

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ScanSource Company Profile

ScanSource, Inc is a provider of technology products and solutions. The Company and its subsidiaries provide solutions for technology manufacturers and sell to resellers in technology markets, such as point-of-sale (POS) and Barcode, Networking and Security, Communications and Emerging Technologies. It operates through two segments: Worldwide Barcode & Security and Worldwide Communications & Services.

Insider Buying and Selling by Quarter for ScanSource (NASDAQ:SCSC)

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