Home News Latest Movement: ScanSource (NASDAQ: SCSC)

Latest Movement: ScanSource (NASDAQ: SCSC)

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ScanSource trades as part of the technology sector and trades as part of the computer hardware industry. The company CEO is Michael L. Baur. ScanSource Inc is a wholesale distributor of specialty technology products. The Company provides value-added distribution services for technology manufacturers and sells to resellers in technology markets.

Previous Intraday Trading Performance:

The SCSC stock showed a previous change of 1.61% with an open at 31.20 and a close of 31.48. It reached an intraday high of 31.85 and a low of 31.20.

Business Wire:  ScanSource to Present at Baird 2019 Global Consumer, Technology & Services Conference

Liquidity:

The stock has a market cap of $809.2m with 25.7m shares outstanding, of which the float is 25.3m shares. Trading volume reached 94,174 shares compared to its average volume of 127,213 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, ScanSource shares returned 4.31% and in the past 30 trading days it returned -15.63%. Over three months, it changed -16.79%. In one year it has changed -22.56% and within that year its 52-week high was 44.30 and its 52-week low was 28.55. SCSC stock is 10.26% above its 52 Week Low.

Our calculations show a 200 day moving average of 37.12 and a 50 day moving average of 34.33. Currently SCSC stock is trading -15.20% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  ScanSource to Present at Baird 2019 Global Consumer, Technology & Services Conference

Earnings:

The last annual fiscal EPS for the company was reported at 1.29 that ended on 30th of June 2018, which according to the previous close, that is a PE of 24.40. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.88. The TTM EPS is 3.24, which comes to a TTM PE of 9.72. Historically, the PE high was 35.20 and the PE low was 9.72. SCSC stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/09/2019): 0.45
4thQtr of 2018 (Reported on 02/05/2019): 0.78
3rdQtr of 2018 (Reported on 11/06/2018): 0.56
2ndQtr of 2018 (Reported on 08/28/2018): 0.40
1stQtr of 2018 (Reported on 05/08/2018): 0.42

Base on our calculations, the intrinsic value per share is 25.10, which means it may be overvalued by -25.41%.

Indicators to Watch:

The current calculated beta is 0.94.

Business Wire:  Tredegar Reports First Quarter 2019 Results

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 6.59%, return on assets is 2.95%, profit margin is 1.48%, price-to-sales is 0.20 and price-to-book is 0.87.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 1  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.