SS&C Technologies Holdings Inc [SSNC] stock prices are down -0.73% to $62.40 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SSNC shares have lost -0.16% over the last week, with a monthly amount glided 3.74%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SS&C Technologies Holdings Inc [NASDAQ: SSNC] stock has seen the most recent analyst activity on November 07, 2023, when UBS initiated its Buy rating and assigned the stock a price target of $72. Previously, JP Morgan started tracking the stock with Overweight rating on March 15, 2023, and set its price target to $68. Credit Suisse started tracking the stock assigning a Outperform rating and suggested a price target of $105 on January 07, 2022. JP Morgan upgraded its rating to a Overweight and raised its price target to $95 on December 14, 2021.
The stock price of SS&C Technologies Holdings Inc [SSNC] has been fluctuating between $46.61 and $64.99 over the past year. Currently, Wall Street analysts expect the stock to reach $73.43 within the next 12 months. SS&C Technologies Holdings Inc [NASDAQ: SSNC] shares were valued at $62.40 at the most recent close of the market. An investor can expect a potential return of 17.68% based on the average SSNC price forecast.
Analyzing the SSNC fundamentals
The SS&C Technologies Holdings Inc [NASDAQ:SSNC] reported sales of 5.50B for trailing twelve months, representing a surge of 5.48%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 61.86 points at the first support level, and at 61.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.97, and for the 2nd resistance point, it is at 63.55.
SS&C Technologies Holdings Inc [SSNC] reported earnings per share of $1.26 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.24/share, meaning a difference of $0.02 and a surprise factor of 1.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.17 per share as compared to estimates of $1.17 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
It’s worth pointing out that SS&C Technologies Holdings Inc [NASDAQ:SSNC]’s Current Ratio is 1.07. On the other hand, the Quick Ratio is 1.07, and the Cash Ratio is 0.79. Considering the valuation of this stock, the price to sales ratio is 2.80, the price to book ratio is 2.43 and price to earnings (TTM) ratio is 26.13.
Transactions by insiders
Recent insider trading involved BOULANGER NORMAND A, Director, that happened on Sep 14 ’23 when 60000.0 shares were sold. Director, BOULANGER NORMAND A completed a deal on Sep 13 ’23 to sell 40000.0 shares. Meanwhile, Director BOULANGER NORMAND A sold 20000.0 shares on Sep 12 ’23.
