SS&C Technologies Holdings Inc [SSNC] stock is trading at $60.24, down -0.07%. An important factor to consider is whether the stock is rising or falling in short-term value. The SSNC shares have lost -2.54% over the last week, with a monthly amount drifted -3.88%, and not 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.
SS&C Technologies Holdings Inc [SSNC] stock has fluctuated between $46.61 and $65.86 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 $60.24 at the most recent close of the market. An investor can expect a potential return of 21.9% based on the average SSNC price forecast.
Analyzing the SSNC fundamentals
SS&C Technologies Holdings Inc [NASDAQ:SSNC] reported sales of 5.50B for the trailing twelve months, which represents a growth 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 60.03 points at the first support level, and at 59.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.65, and for the 2nd resistance point, it is at 61.06.
Ratios To Look Out For
For context, SS&C Technologies Holdings Inc’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 2.71, the price to book ratio is 2.34 and price to earnings (TTM) ratio is 25.22.
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.
