Scansource traded at $61.05 this Friday October 23rd, increasing $1.09 or 1.82 percent since the previous trading session. Looking back, over the last four weeks, Scansource gained 5.13 percent. Over the last 12 months, its price rose by 42.27 percent. Looking ahead, we forecast Scansource to be priced at 59.76 by the end of this quarter and at 56.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
ScanSource, Inc. is at the center of the technology solution delivery channel. Using a channel sales model, the Company provides technology solutions and services from suppliers of mobility and barcode, point-of-sale (POS), payments, physical security, unified communications and collaboration, telecom and cloud services to its customers. It operates in the United States, Canada, Brazil and the United Kingdom. The Company operates through two segments. The Worldwide Barcode, Networking & Security segment provides a portfolio of solutions includes enterprise mobile computing, data capture, barcode printing, POS, payments, networking, electronic physical security, cyber security and other technologies. The Worldwide Communications & Services segment provides portfolio of solutions includes communications technologies and services for voice, video conferencing, wireless, data networking, cyber security, cable, unified communications and collaboration, cloud and technology services.