ScanSource reports Q1 earnings miss, sales decline By Investing.com - Investing.com Australia
SCSC Stock | USD 51.62 0.31 0.60% |
About 67% of ScanSource's investor base is looking to short. The analysis of overall sentiment of trading ScanSource stock suggests that many investors are alarmed at this time. The current market sentiment, together with ScanSource's historical and current headlines, can help investors time the market. In addition, many technical investors use ScanSource stock news signals to limit their universe of possible portfolio assets.
ScanSource |
ScanSource reports Q1 earnings miss, sales decline By Investing.com Investing.com Australia
Read at news.google.com
ScanSource Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ScanSource can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ScanSource Fundamental Analysis
We analyze ScanSource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ScanSource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ScanSource based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
ScanSource is rated third in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
ScanSource Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ScanSource stock to make a market-neutral strategy. Peer analysis of ScanSource could also be used in its relative valuation, which is a method of valuing ScanSource by comparing valuation metrics with similar companies.
Peers
ScanSource Related Equities
CLMB | Climb Global | 1.34 | ||||
NSIT | Insight Enterprises | 0.92 | ||||
CNXN | PC Connection | 0.39 | ||||
SNX | Synnex | 0.59 | ||||
SCSC | ScanSource | 0.60 |
Complementary Tools for ScanSource Stock analysis
When running ScanSource's price analysis, check to measure ScanSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ScanSource is operating at the current time. Most of ScanSource's value examination focuses on studying past and present price action to predict the probability of ScanSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ScanSource's price. Additionally, you may evaluate how the addition of ScanSource to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |