ScanSource Inc

NASDAQ SCSC

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ScanSource Inc Price to Sales Ratio (P/S) on June 03, 2024: 0.34

ScanSource Inc Price to Sales Ratio (P/S) is 0.34 on June 03, 2024, a 77.11% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • ScanSource Inc 52-week high Price to Sales Ratio (P/S) is 0.36 on May 22, 2024, which is 5.44% above the current Price to Sales Ratio (P/S).
  • ScanSource Inc 52-week low Price to Sales Ratio (P/S) is 0.19 on August 16, 2023, which is -45.99% below the current Price to Sales Ratio (P/S).
  • ScanSource Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 0.25.
NASDAQ: SCSC

ScanSource Inc

CEO Mr. Michael L. Baur
IPO Date March 18, 1994
Location United States
Headquarters 6 Logue Court, Greenville, SC, United States, 29615
Employees 2,300
Sector Technology
Industry Electronics & computer distribution
Description

ScanSource, Inc. distributes technology products and solutions in the United States, Canada, and internationally. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment provides a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, point of sale (POS), payments, networking, electronic physical security, cyber security, and other technologies. This segment offers data capture and POS solutions to automate the collection, processing, and communication of information for commercial and industrial applications, including retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care applications. It also provides electronic physical security products, such as identification, access control, video surveillance, and intrusion-related devices; networking products comprising wireless and networking infrastructure products; other software as a service (SaaS) products; and engages in hardware rental activities. The Modern Communications & Cloud segment offers a portfolio of solutions primarily for communications technologies and services comprising voice, video conferencing, wireless, data networking, cybersecurity, cable, unified communications and collaboration, cloud, and technology services, as well as IP networks and other solutions for various vertical markets, such as education, healthcare, and government. The company 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.

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StockViz Staff

September 20, 2024

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