Press coverage about ScanSource (NASDAQ:SCSC) has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ScanSource earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.7420751154881 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several analysts have weighed in on the company. Zacks Investment Research downgraded ScanSource from a “buy” rating to a “hold” rating in a research report on Friday, February 9th. ValuEngine downgraded ScanSource from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. BidaskClub downgraded ScanSource from a “sell” rating to a “strong sell” rating in a research report on Wednesday, January 10th. Finally, TheStreet downgraded ScanSource from a “b” rating to a “c+” rating in a research report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $38.00.
Shares of ScanSource (SCSC) opened at $32.95 on Wednesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.15 and a quick ratio of 1.26. ScanSource has a 12-month low of $31.40 and a 12-month high of $45.35. The firm has a market capitalization of $840.21, a P/E ratio of 16.81, a price-to-earnings-growth ratio of 3.49 and a beta of 1.06.
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.
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