Scansource Stock Price on August 26, 2024

SCSC Stock  USD 40.53  0.49  1.19%   
If you're considering investing in ScanSource Stock, it is important to understand the factors that can impact its price. As of today, the current price of ScanSource stands at 40.53, as last reported on the 19th of July, with the highest price reaching 41.45 and the lowest price hitting 40.19 during the day. ScanSource appears to be very steady, given 3 months investment horizon. ScanSource owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ScanSource, which you can use to evaluate the volatility of the company. Please review ScanSource's Risk Adjusted Performance of 0.2262, coefficient of variation of 421.65, and Semi Deviation of 0.9205 to confirm if our risk estimates are consistent with your expectations.
At present, ScanSource's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 74.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 25.5 M. . At present, ScanSource's Price Earnings Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 3.86, whereas Price Book Value Ratio is forecasted to decline to 1.28. ScanSource Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
1.2699
Enterprise Value Ebitda
8.1073
Price Sales
0.3079
Shares Float
20.6 M
Wall Street Target Price
50

ScanSource Main Headline on 26th of August 2024

Filed transaction by ScanSource Director, Officer: Ceo & Chairman Of The Board. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

ScanSource Valuation on August 26, 2024

It is possible to determine the worth of ScanSource on a given historical date. On August 26, 2024 ScanSource was worth 49.83 at the beginning of the trading date compared to the closed value of 48.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ScanSource stock. Still, in general, we apply an absolute valuation method to find ScanSource's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ScanSource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ScanSource's related companies.
 Open High Low Close Volume
  48.21    49.85    46.92    49.19    249,096  
08/26/2024
  49.83    49.90    48.81    48.91    222,987  
  46.30    48.49    44.88    47.90    469,567  
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Open Value
49.83
48.91
Closing Value
55.19
Upside

ScanSource Trading Date Momentum on August 26, 2024

On August 27 2024 ScanSource was traded for  47.90  at the closing time. The top price for the day was 48.49  and the lowest listed price was  44.88 . The trading volume for the day was 469.6 K. The trading history from August 27, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.07% . The trading price change against the current closing price is 1.14% .

ScanSource Fundamentals Correlations and Trends

By evaluating ScanSource's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ScanSource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ScanSource financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ScanSource Stock history

ScanSource investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ScanSource is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ScanSource will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ScanSource stock prices may prove useful in developing a viable investing in ScanSource
Last ReportedProjected for Next Year
Common Stock Shares Outstanding29 M25.5 M
Net Income Applicable To Common Shares103.3 M108.4 M

ScanSource Quarterly Net Working Capital

678.42 Million

ScanSource Stock Technical Analysis

ScanSource technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ScanSource technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ScanSource trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ScanSource Period Price Range

Low
July 19, 2025
0.00  NaN%
High

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 0.00 

ScanSource cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ScanSource July 19, 2025 Market Strength

Market strength indicators help investors to evaluate how ScanSource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ScanSource shares will generate the highest return on investment. By undertsting and applying ScanSource stock market strength indicators, traders can identify ScanSource entry and exit signals to maximize returns

ScanSource Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ScanSource's price direction in advance. Along with the technical and fundamental analysis of ScanSource Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ScanSource to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for ScanSource Stock analysis

When running ScanSource's price analysis, check to measure ScanSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ScanSource is operating at the current time. Most of ScanSource's value examination focuses on studying past and present price action to predict the probability of ScanSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ScanSource's price. Additionally, you may evaluate how the addition of ScanSource to your portfolios can decrease your overall portfolio volatility.
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