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 investment? We will contrast the two businesses based on the strength of their dividends, profitability, community ranking, risk, earnings, analyst recommendations, institutional ownership, valuation and media sentiment.
ScanSource currently has a consensus price target of $35.50, suggesting a potential downside of 25.15%.
In the previous week, ScanSource had 3 more articles in the media than Wayside Technology Group. MarketBeat recorded 3 mentions for ScanSource and 0 mentions for Wayside Technology Group. ScanSource's average media sentiment score of 1.28 beat Wayside Technology Group's score of 0.00 indicating that ScanSource is being referred to more favorably in the media.
97.9% of ScanSource shares are held by institutional investors. Comparatively, 42.9% of Wayside Technology Group shares are held by institutional investors. 4.6% of ScanSource shares are held by company insiders. Comparatively, 8.4% of Wayside Technology Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
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 has a beta of 1.51, suggesting that its stock price is 51% more volatile than the S&P 500. Comparatively, Wayside Technology Group has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500.
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.
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.
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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