ScanSource, Inc. (SCSC)
NASDAQ: SCSC · IEX Real-Time Price · USD
42.87
-1.58 (-3.55%)
Apr 24, 2024, 4:00 PM EDT - Market closed
ScanSource Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for ScanSource stock have an average target of 35.5, with a low estimate of 35 and a high estimate of 36. The average target predicts a decrease of -17.19% from the current stock price of 42.87.
Analyst Consensus: Buy
* Price targets were last updated on Dec 19, 2023.
Analyst Ratings
The average analyst rating for ScanSource stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northcoast Research | Northcoast Research | Strong Buy → Hold Downgrades $36 | Strong Buy → Hold | Downgrades | $36 | -16.03% | Dec 19, 2023 |
| Raymond James | Raymond James | Buy Maintains $40 → $35 | Buy | Maintains | $40 → $35 | -18.36% | Nov 10, 2023 |
| Northcoast Research | Northcoast Research | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Aug 23, 2023 |
| Raymond James | Raymond James | Buy Maintains $44 → $40 | Buy | Maintains | $44 → $40 | -6.69% | Nov 9, 2022 |
| Raymond James | Raymond James | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Nov 10, 2021 |
Financial Forecast
Revenue This Year
3.68B
from 3.79B
Decreased by -2.84%
Revenue Next Year
3.86B
from 3.68B
Increased by 4.95%
EPS This Year
3.51
from 3.54
Decreased by -0.88%
EPS Next Year
4.12
from 3.51
Increased by 17.35%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 4.0B | 4.1B |
| Avg | 3.7B | 3.9B |
| Low | 3.4B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 5.4% | 10.6% |
| Avg | -2.8% | 4.9% |
| Low | -9.4% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.65 | 4.37 |
| Avg | 3.51 | 4.12 |
| Low | 3.31 | 3.84 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 3.2% | 24.5% |
| Avg | -0.9% | 17.3% |
| Low | -6.4% | 9.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.