ScanSource (SCSC) to Release Quarterly Earnings on Thursday

ScanSource (NASDAQ:SCSC) is expected to be releasing its Q3 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.77 per share and revenue of $809.17 million for the quarter.

ScanSource Trading Up 4.6 %

Shares of SCSC stock opened at $35.92 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.30 and a current ratio of 2.11. The stock has a fifty day simple moving average of $33.85 and a two-hundred day simple moving average of $42.28. The firm has a market capitalization of $842.83 million, a PE ratio of 14.20, a PEG ratio of 1.14 and a beta of 1.30. ScanSource has a 52-week low of $28.75 and a 52-week high of $53.90.

Insider Buying and Selling

In other news, CEO Michael L. Baur sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $38.91, for a total transaction of $583,650.00. Following the sale, the chief executive officer now directly owns 162,760 shares of the company’s stock, valued at $6,332,991.60. This represents a 8.44 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Stephen Jones sold 2,000 shares of the stock in a transaction that occurred on 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 owns 69,816 shares of the company’s stock, valued at $2,523,150.24. This represents a 2.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 18,994 shares of company stock worth $731,702. 4.20% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Northcoast Research upgraded ScanSource from a “neutral” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Tuesday.

About ScanSource

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.