- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- About
ScanSource Inc (SCSC)

- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
12/05/2025: SCSC (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $53
1 Year Target Price $53
| 3 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -24.84% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 903.65M USD | Price to earnings Ratio 12.8 | 1Y Target Price 53 |
Price to earnings Ratio 12.8 | 1Y Target Price 53 | ||
Volume (30-day avg) 4 | Beta 1.29 | 52 Weeks Range 28.75 - 53.90 | Updated Date 12/7/2025 |
52 Weeks Range 28.75 - 53.90 | Updated Date 12/7/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 3.2 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-11-11 | When - | Estimate 0.9067 | Actual 1.06 |
Profitability
Profit Margin 2.48% | Operating Margin (TTM) 3.58% |
Management Effectiveness
Return on Assets (TTM) 3.52% | Return on Equity (TTM) 8.11% |
Valuation
Trailing PE 12.8 | Forward PE 11.47 | Enterprise Value 907534497 | Price to Sales(TTM) 0.3 |
Enterprise Value 907534497 | Price to Sales(TTM) 0.3 | ||
Enterprise Value to Revenue 0.3 | Enterprise Value to EBITDA 6.71 | Shares Outstanding 21942503 | Shares Floating 21458013 |
Shares Outstanding 21942503 | Shares Floating 21458013 | ||
Percent Insiders 1.91 | Percent Institutions 102.25 |
Upturn AI SWOT
ScanSource Inc

Company Overview
History and Background
ScanSource Inc. was founded in 1992 and went public in 2000. It started as a value-added distributor of automatic identification and data capture (AIDC) products. Over the years, ScanSource has expanded its offerings and geographic reach through organic growth and strategic acquisitions, evolving into a leading global provider of technology solutions.
Core Business Areas
- Worldwide Barcode: Distributes a wide range of barcode scanners, printers, mobile computers, and related accessories from leading manufacturers. Serves industries such as retail, warehousing, manufacturing, and logistics.
- Worldwide Communications: Distributes voice and data networking products, including IP telephony, contact center solutions, video conferencing, and wireless networking equipment. Supports IT solution providers serving businesses of all sizes.
- Intelligent Services: Offers value-added services such as cloud solutions, managed services, professional services, and technical support to help partners design, implement, and manage complex technology solutions.
Leadership and Structure
ScanSource Inc. is led by a senior management team responsible for global operations and strategy. The company operates through distinct business units (Barcode, Communications) and leverages its Intelligent Services arm to support partners across various technology domains.
Top Products and Market Share
Key Offerings
- Barcode Scanners and Printers: Offers a comprehensive portfolio of barcode scanners (e.g., Honeywell, Zebra) and label printers, critical for inventory management, point-of-sale, and logistics. Competitors include Ingram Micro, Tech Data, and direct manufacturers.
- IP Telephony and UCaaS Solutions: Provides solutions for voice over IP, unified communications as a service (UCaaS), and collaboration tools (e.g., Cisco, Avaya, RingCentral). Competitors include Ingram Micro, TD SYNNEX, and specialized UCaaS providers.
- Mobile Computing Devices: Distributes rugged mobile computers and tablets used in enterprise environments for field service, warehouse operations, and retail. Key vendors include Zebra Technologies and Honeywell. Competitors include Ingram Micro and other specialized distributors.
Market Dynamics
Industry Overview
The technology distribution and solutions market is characterized by increasing complexity, the shift to cloud-based services, and the growing demand for integrated solutions. The AIDC and communications sectors are mature but continue to evolve with new technologies like IoT and AI.
Positioning
ScanSource positions itself as a value-added distributor, focusing on providing technical expertise, specialized services, and supply chain solutions to its channel partners. Its competitive advantages lie in its strong vendor relationships, broad product portfolio, and dedicated partner support.
Total Addressable Market (TAM)
The TAM for technology distribution and IT solutions is in the hundreds of billions of dollars globally. ScanSource operates within specific segments of this market, focusing on AIDC and Communications, where it holds a significant, albeit fragmented, market share. Its positioning is to capture a larger share of this TAM through focused growth and strategic partnerships.
Upturn SWOT Analysis
Strengths
- Strong relationships with leading technology vendors.
- Diverse and comprehensive product portfolio.
- Value-added services and technical expertise.
- Global presence and established distribution network.
- Experienced management team.
Weaknesses
- Reliance on key vendors for product supply.
- Susceptibility to economic downturns affecting IT spending.
- Challenges in integrating acquisitions seamlessly.
- Competition from larger, more diversified distributors.
Opportunities
- Growing demand for cloud and managed services.
- Expansion into emerging markets and new technology verticals.
- Leveraging acquisitions to broaden service offerings and market reach.
- Increased adoption of IoT and data analytics solutions.
- Partnerships with software and service providers.
Threats
- Intensifying competition from both traditional and online distributors.
- Disruptive technologies impacting traditional hardware sales.
- Changes in vendor channel strategies and pricing.
- Cybersecurity risks and data breaches.
- Global supply chain disruptions and geopolitical instability.
Competitors and Market Share
Key Competitors
- TD SYNNEX Corporation (SNX)
- Ingram Micro Inc. (Private)
- Arrow Electronics, Inc. (ARW)
- Synnex Corporation (now part of TD SYNNEX)
Competitive Landscape
ScanSource differentiates itself through its specialized focus on AIDC and Communications, strong technical support, and a robust ecosystem of partners. However, it faces competition from larger, more diversified distributors and specialized solution providers. Its agility and partner-centric approach are key advantages.
Major Acquisitions
Network Specialties
- Year: 2021
- Acquisition Price (USD millions): 32
- Strategic Rationale: Acquired to expand ScanSource's presence in the UK and European networking and security markets, enhancing its communications and intelligent services offerings.
IP Integration
- Year: 2019
- Acquisition Price (USD millions): 15
- Strategic Rationale: Acquired to strengthen ScanSource's Intelligent Services capabilities, particularly in managed IT services and cloud solutions, in the European market.
Growth Trajectory and Initiatives
Historical Growth: ScanSource has demonstrated consistent historical growth, largely fueled by strategic acquisitions that have expanded its product lines, geographic footprint, and service capabilities. Organic growth has also been a contributing factor, driven by strong partner relationships and market penetration.
Future Projections: Analyst projections for ScanSource's future growth are generally positive, anticipating continued expansion driven by the demand for integrated technology solutions and the company's ongoing strategic initiatives, including further acquisitions and expansion into new service areas.
Recent Initiatives: Recent initiatives have focused on integrating acquired businesses, expanding its cloud and managed services offerings, and enhancing its digital platform to better serve its partners. The company is also focused on operational efficiency and optimizing its global supply chain.
Summary
ScanSource Inc. is a well-established technology solutions provider with a strong position in the AIDC and Communications markets. Its focus on value-added services and strategic acquisitions has fueled consistent growth. The company's key strengths lie in its vendor relationships and partner support. However, it must navigate intense competition and adapt to evolving technology trends, particularly the shift towards cloud and managed services, to maintain its growth trajectory.
Similar Stocks
Sources and Disclaimers
Data Sources:
- ScanSource Inc. Investor Relations
- Company SEC Filings (10-K, 10-Q)
- Financial News Outlets (e.g., Bloomberg, Reuters)
- Industry Analyst Reports
- Financial Data Aggregators
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share data is an estimation. All figures and data are subject to change and may vary based on reporting methodologies.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ScanSource Inc
Exchange NASDAQ | Headquaters Greenville, SC, United States | ||
IPO Launch date 1994-03-18 | Founder, Chairman, CEO & President Mr. Michael L. Baur | ||
Sector Technology | Industry Electronics & Computer Distribution | Full time employees 2100 | Website https://www.scansource.com |
Full time employees 2100 | Website https://www.scansource.com | ||
ScanSource, Inc. engages in the distribution of technology products and solutions in the United States and internationally. It operates through two segments: Specialty Technology Solutions, and Intelisys & Advisory. The Specialty Technology Solutions segment offers mobility and barcode, including mobile computing; barcode scanners and imagers, radio frequency identification devices, barcode printing and related services; point of sale systems and integrated pos software platforms; payment terminals, such as self-service kiosks, payment terminals and mobile payment devices; physical security comprising video surveillance and analytics, and video management software and access control; networking, such as switching, and routing and wireless products and software; communications, including voice, video, communication platform integration, and contact center solutions; managed connectivity and wireless enablement solutions. This segment offers applications that have evolved from traditional uses, such as inventory control, materials handling, distribution, shipping and warehouse management, and healthcare applications. The Intelisys & Advisory segment offers connectivity and software-defined networking, cx (unified communications as a service and contact center as a service), cloud/data center, and security, managed AI, and wireless and IOT. This segment helps channel sales partners service various end users, including businesses of all sizes from very small business to enterprise size businesses. It serves manufacturing, warehouse and distribution, retail and e-commerce, hospitality, transportation and logistics, government, education and healthcare, and other industries. ScanSource, Inc. was incorporated in 1992 and is headquartered in Greenville, South Carolina.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
Home 

