SCSC Should I Buy
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
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Scansource Inc (SCSC) is not a good buy for a beginner, long-term investor at this time. The technical indicators are bearish, insider selling has significantly increased, and there are no positive catalysts or strong trading signals to suggest an immediate entry point. Additionally, while the company's revenue and EPS have shown slight growth, the decline in net income and lack of recent positive news or analyst upgrades make this stock less attractive for long-term investment at the moment.
The MACD is negatively expanding (-0.87), RSI is neutral (23.453), and the moving averages indicate a bearish trend (SMA_200 > SMA_20 > SMA_5). Key support is at 35.076, and the stock is trading below this level pre-market at 34.66, indicating further downside risk. The stock has a 60% chance of declining in the short term based on candlestick pattern analysis.
NULL identified. No recent news or significant positive developments.
Insider selling has increased by 5130.01% over the last month, indicating a lack of confidence from insiders. Technical indicators are bearish, and the stock has a higher probability of short-term decline.
In Q2 2026, revenue increased by 2.54% YoY to $766.51M, EPS grew by 7.14% YoY to 0.75, and gross margin improved slightly to 12.68%. However, net income dropped by -3.28% YoY to $16.49M, signaling potential profitability concerns.
No recent analyst rating or price target changes available.
