Investors looking for stocks in the Technology Services sector might want to consider either ScanSource (SCSC) or Symbotic Inc. (SYM). But which of these two stocks is more attractive to value investors?
The average of price targets set by Wall Street analysts indicates a potential upside of 26.6% in ScanSource (SCSC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
ScanSource (SCSC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
| Electronic Equipment, Instruments & Components Industry | Information Technology Sector | Michael L. Baur CEO | NASDAQ (NGS) Exchange | 806037107 CUSIP |
| US Country | 2,300 Employees | - Last Dividend | 6 Jun 2006 Last Split | 18 Mar 1994 IPO Date |
ScanSource, Inc. is a global provider of technology solutions, operating primarily within the United States, Canada, and various international locations. Established in 1992, the company’s headquarters are situated in Greenville, South Carolina. ScanSource, Inc. is distinguished by its operations in two key segments: Specialty Technology Solutions and Modern Communications & Cloud. Through these segments, the company serves a broad spectrum of industries, including manufacturing, retail and e-commerce, hospitality, transportation and logistics, government, education, and healthcare, aligning its offerings with the evolving needs of these vertical markets.
This offering empowers the automation of information collection, processing, and communication for commercial and industrial applications. Applicable in various sectors such as retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care, these solutions enhance operational efficiency and data accuracy.
ScanSource provides advanced identification, access control, video surveillance, and intrusion-related devices. These technologies are crucial for ensuring the safety and security of physical assets in multiple environments.
The company offers a wide range of wireless and networking infrastructure products. These are designed to support robust and secure communications across different operational scenarios.
Through its SaaS offerings, ScanSource delivers versatile software solutions that cater to various operational needs. This range includes options that accommodate cloud-based applications and services, enhancing business flexibility and scalability.
ScanSource also engages in the rental of hardware, providing customers with flexible options to utilize technology solutions without the commitment of a full purchase, thereby allowing them to adapt to changing technological needs.
This segment encompasses communications technologies and services such as voice, video conferencing, wireless, data networking, cybersecurity, cable, unified communications and collaboration, cloud, and technology services. Designed to meet the requirements of diverse vertical markets, including education, healthcare, and government, these solutions facilitate modern, efficient, and secure communication channels.
ScanSource offers IP network solutions and services tailored to specific industries, addressing unique challenges and requirements. This specialization ensures that businesses within sectors like education, healthcare, and government receive the most relevant and effective technology solutions.