FY2025 Earnings Forecast for ScanSource Issued By Sidoti Csr

ScanSource, Inc. (NASDAQ:SCSC) – Analysts at Sidoti Csr upped their FY2025 EPS estimates for shares of ScanSource in a report released on Friday, May 9th. Sidoti Csr analyst G. Burns now expects that the industrial products company will earn $3.43 per share for the year, up from their previous estimate of $3.33. The consensus estimate for ScanSource’s current full-year earnings is $3.33 per share. Sidoti Csr also issued estimates for ScanSource’s Q4 2025 earnings at $0.88 EPS, Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $0.89 EPS, Q4 2026 earnings at $0.98 EPS, FY2026 earnings at $3.71 EPS and FY2027 earnings at $4.16 EPS.

Separately, Northcoast Research raised shares of ScanSource from a “neutral” rating to a “buy” rating and set a $42.00 price objective on the stock in a research report on Tuesday, May 6th.

ScanSource Stock Up 3.9%

Shares of NASDAQ SCSC opened at $39.89 on Monday. The firm’s 50-day moving average price is $33.97 and its 200-day moving average price is $42.08. The company has a current ratio of 2.11, a quick ratio of 1.30 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $935.98 million, a price-to-earnings ratio of 15.77, a P/E/G ratio of 1.14 and a beta of 1.30. ScanSource has a 12-month low of $28.75 and a 12-month high of $53.90.

ScanSource (NASDAQ:SCSC) last announced its earnings results on Thursday, May 8th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.09. The firm had revenue of $704.23 million for the quarter, compared to analysts’ expectations of $809.17 million. ScanSource had a net margin of 2.08% and a return on equity of 8.55%. The business’s revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.69 EPS.

Insider Buying and Selling

In other ScanSource news, CFO Stephen Jones sold 2,000 shares of the company’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $36.14, for a total value of $72,280.00. Following the transaction, the chief financial officer now directly owns 69,816 shares in the company, valued at $2,523,150.24. This represents a 2.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ScanSource

A number of hedge funds have recently added to or reduced their stakes in the stock. Castlekeep Investment Advisors LLC bought a new position in ScanSource in the 4th quarter worth about $78,694,000. Pzena Investment Management LLC grew its stake in ScanSource by 132.8% in the 1st quarter. Pzena Investment Management LLC now owns 942,068 shares of the industrial products company’s stock worth $32,040,000 after acquiring an additional 537,358 shares in the last quarter. American Century Companies Inc. grew its stake in ScanSource by 13.1% in the 4th quarter. American Century Companies Inc. now owns 759,318 shares of the industrial products company’s stock worth $36,030,000 after acquiring an additional 87,721 shares in the last quarter. Invesco Ltd. grew its stake in ScanSource by 2.4% in the 4th quarter. Invesco Ltd. now owns 618,099 shares of the industrial products company’s stock worth $29,329,000 after acquiring an additional 14,669 shares in the last quarter. Finally, LSV Asset Management boosted its stake in shares of ScanSource by 20.1% during the first quarter. LSV Asset Management now owns 503,185 shares of the industrial products company’s stock valued at $17,113,000 after purchasing an additional 84,300 shares in the last quarter. 97.91% of the stock is currently owned by institutional investors.

ScanSource Company Profile

ScanSource, Inc engages in the distribution of technology products and solutions in the United States, Canada, and Brazil. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment provides a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, point of sale (POS), payments, networking, electronic physical security, cyber security, and other technologies.