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ScanSource, Inc. (SCSC)
NASDAQInformation TechnologyElectronics & Computer DistributionSnapshot 2026-06-15
Intact
$49.35-1.32%
Close 2026-06-15 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is neutral, and earnings quality is also neutral. Management's recent track record has been fairly steady, but the capital stance is capital unfriendly. Risk is moderate, and the sector backdrop is a tailwind, with SCSC trading above typical compared to sector peers. Peer multiples imply a price about 54% above where it trades (it looks cheap on this basis); the read is cheap, quality intact. The analysis is provisional.
as of 2026-06-15
Quick facts
- Exchange
- NASDAQ
- Sector
- Information Technology
- Industry
- Electronics & Computer Distribution
- Market cap
- $1.02B
- Employees
- 2,100
- IPO date
- 1996-11-14
- Next earnings
- 2026-08-20
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 6 valuation methods, at three horizons. Current price $49.35. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryinexpensive
$108.53consensus
Range $100.20 – $121.49
vs price: -55% below
Method agreement — · 6 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$147.91consensus
Range $108.74 – $156.58
vs price: -67% below
Method agreement — · 3 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peersmedium confidence
At $49 SCSC trades at 13× p/e, below its 29× p/e peer median. Our $109 fair value sits above the price; medium confidence. Not investment advice.
Multiple (P/E)
12.9x
peer 28.5x · own history 12.0x
Premium
0.5x peer
1.1x its own history
Growth the price needs
-55%
our forecast 2%
Our fair value
$108.53
range $100.20 – $123.62
WhyPeer anchor overstates the discount
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
inexpensivecheap — quality intact12-month view
What's priced inJustified
The price implies about 55% below a flat-multiple fair value, below our forecast of about 2%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
neutralOperating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 54% of the time over the next year (vs 68% for the rest of the cohort, n=3704).
64th pctl · Information Technology
Earnings quality
neutralOver the trailing year it converted 1.81x of net income into operating cash flow. Historically, Information Technology names rated neutral grew net income 62% of the time over the next year (vs 58% for the rest of the cohort, n=2831).
57th pctl · Information Technology
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
Management & capital allocation
neutralEarnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Bearish4 analysts, 50% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $1.17 → $1.14 (-2.2% / 30d). 1 raised, 3 cut, 4 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 50% of analysts rate Buy.
Material events
0 positive, 0 negative / 30d.
Sector context
Intermediate · WeeklySector phase: information technology is in maturing, with decelerating (~0.2 years in phase).
Sector regime (90d momentum): tailwind.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- neutral
- Earnings discipline
- neutral
- Margin discipline
- strong
- Balance sheet
- strong
- Post-call reaction
- strong
A guidance track record builds as the company issues and delivers on guidance.
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$115.
How much price usually moves either way.
On a bad day, this stock has moved -$310.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,452.
Deepest peak-to-trough drop in the last year.
moderateas of 2026-06-15
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideHigh confidenceMonthsactive 11d
Watch for free cash flow guidance raised to above $90 million
Why it matters: A raise in free cash flow guidance shows strong cash generation and financial health.
What confirms / what disproves
Confirms:Management confirms free cash flow guidance of at least $90 million for FY26.
Disproves:Free cash flow guidance remains at or below $80 million.
Management priorities
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for SCSC yet.
This sector is also watching
- Watch for revenue growth in IT sector dropping below median
- Watch for FOMC decisions impacting tech investment
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for SCSC and other Tech names, since rate-sensitive parts of the market tend to rally when the Fed eases.
- If sector bellwethers like SNX, ARW, and AVT keep beating earnings and guiding higher, the Tech sector momentum should keep lifting SCSC and other Tech names. Worth watching these names for early signals.
Downside triggers
- If SCSC reverses and cuts guidance after recently raising (RAISED as of 2026-05-07), that's the worst kind of move: a credibility hit on top of the lower number. Stocks usually get punished disproportionately for this.
- If sector bellwethers like SNX, ARW, and AVT start missing or guiding lower, the Tech tailwind helping SCSC and other Tech names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits SCSC and other Tech names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-2919d agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. On May 22, 2026, ScanSource, Inc. (the “Company”) notified Rachel Hayden, who served as Senior Executive Vice President and Chief Information Officer, that her role will be eliminated effective June 8, 2026. Mrs. Hayden is entitled to severance benefits as set forth in the Company’s Executive Severance Plan (the “Plan”) and will be subject to the no…
Executive changeneutral
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
-5.4 vs last weeklatest as of 2026-06-15
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.