SCSC vs. WSTG, AGYS, CNXN, RELL, SNX, ARW, NSIT, PLUS, CLMB, and WIRE
Should you be buying ScanSource stock or one of its competitors? The main competitors of ScanSource include Wayside Technology Group (WSTG), Agilysys (AGYS), PC Connection (CNXN), Richardson Electronics (RELL), TD SYNNEX (SNX), Arrow Electronics (ARW), Insight Enterprises (NSIT), ePlus (PLUS), Climb Global Solutions (CLMB), and Encore Wire (WIRE).
ScanSource (NASDAQ:SCSC) and Wayside Technology Group (NASDAQ:WSTG) are both small-cap industrial products companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, media sentiment, valuation, risk, dividends, analyst recommendations, institutional ownership, earnings and community ranking.
ScanSource has higher revenue and earnings than Wayside Technology Group. Wayside Technology Group is trading at a lower price-to-earnings ratio than ScanSource, indicating that it is currently the more affordable of the two stocks.
97.9% of ScanSource shares are owned by institutional investors. Comparatively, 42.9% of Wayside Technology Group shares are owned by institutional investors. 4.6% of ScanSource shares are owned by company insiders. Comparatively, 8.4% of Wayside Technology Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
In the previous week, ScanSource had 4 more articles in the media than Wayside Technology Group. MarketBeat recorded 4 mentions for ScanSource and 0 mentions for Wayside Technology Group. ScanSource's average media sentiment score of 1.10 beat Wayside Technology Group's score of 0.00 indicating that ScanSource is being referred to more favorably in the media.
ScanSource received 108 more outperform votes than Wayside Technology Group when rated by MarketBeat users. Likewise, 57.39% of users gave ScanSource an outperform vote while only 47.53% of users gave Wayside Technology Group an outperform vote.
ScanSource presently has a consensus target price of $35.50, suggesting a potential downside of 25.15%.
Wayside Technology Group has a net margin of 4.02% compared to ScanSource's net margin of 2.31%. Wayside Technology Group's return on equity of 21.67% beat ScanSource's return on equity.
ScanSource has a beta of 1.51, indicating that its share price is 51% more volatile than the S&P 500. Comparatively, Wayside Technology Group has a beta of 0.78, indicating that its share price is 22% less volatile than the S&P 500.
Summary
ScanSource beats Wayside Technology Group on 11 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SCSC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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