SCSC official logo SCSC
SCSC 1-star rating from Upturn Advisory
ScanSource Inc (SCSC) company logo

ScanSource Inc (SCSC)

ScanSource Inc (SCSC) 1-star rating from Upturn Advisory
$40.95
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PASS
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Upturn Advisory Summary

12/05/2025: SCSC (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $53

1 Year Target Price $53

Analysts Price Target For last 52 week
$53 Target price
52w Low $28.75
Current$40.95
52w High $53.9

Analysis of Past Performance

Type Stock
Historic Profit -24.84%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

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

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

ScanSource Inc

ScanSource Inc(SCSC) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo 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.

Company business area logo 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 logo 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

Product Key Offerings logo 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 logo 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 competitor logo 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.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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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
Full time employees 2100

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.