The leading market experts have placed a mean price target of $45.55 on ScanSource, Inc. (NASDAQ:SCSC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.76 a share for the upcoming quarter and $2.91 for the current fiscal.
The technical analysis of ScanSource, Inc. plainly substantiates that the 50-day moving average of ScanSource, Inc. is $40.59, and stock is trading $2.01 points away or +4.95% from its 50-day moving average of $40.59. Further it is trading $3.59 or +9.20% away its 200-day moving average of $39.01. ScanSource, Inc. (NASDAQ:SCSC) 52-week high is $43.32 and the 52-week low is $27.46.
This explains if the stock moves $-0.72, it will post a 52-week high. In event of +55.13% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of ScanSource, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, ScanSource, Inc. (NASDAQ:SCSC) ratio came in at 17.41.
The stock last ended the trading session at $42.60 and registered a market cap of $1.09B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. ScanSource, Inc. (NASDAQ:SCSC) PEG ratio is at 1.53.
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