SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Given Consensus Recommendation of “Moderate Buy” by Brokerages
by Kim Johansen · The Markets DailySS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $101.75.
SSNC has been the subject of a number of recent analyst reports. UBS Group increased their price target on SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Raymond James Financial upped their price objective on shares of SS&C Technologies from $101.00 to $105.00 and gave the company a “strong-buy” rating in a research note on Friday, October 24th. Needham & Company LLC lifted their target price on shares of SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Royal Bank Of Canada boosted their price target on shares of SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a report on Friday, October 24th. Finally, DA Davidson set a $102.00 price objective on shares of SS&C Technologies in a research note on Friday, October 24th.
Read Our Latest Stock Analysis on SSNC
SS&C Technologies Trading Down 0.1%
SS&C Technologies stock opened at $86.98 on Friday. The firm has a market cap of $21.23 billion, a price-to-earnings ratio of 25.81 and a beta of 1.20. SS&C Technologies has a 1 year low of $69.61 and a 1 year high of $91.07. The firm’s 50 day moving average price is $84.45 and its two-hundred day moving average price is $84.84. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.12 and a current ratio of 1.12.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.55 billion. SS&C Technologies had a return on equity of 19.80% and a net margin of 13.86%.The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.29 EPS. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. On average, research analysts predict that SS&C Technologies will post 5.35 EPS for the current fiscal year.
SS&C Technologies Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a dividend of $0.27 per share. The ex-dividend date is Monday, December 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. SS&C Technologies’s payout ratio is currently 32.05%.
Insider Activity
In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of SS&C Technologies stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the completion of the sale, the director owned 386,924 shares of the company’s stock, valued at $33,217,425.40. This trade represents a 27.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 16.40% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Caldwell Trust Co acquired a new position in shares of SS&C Technologies during the 2nd quarter worth about $27,000. Elequin Capital LP acquired a new position in SS&C Technologies in the first quarter worth about $30,000. SVB Wealth LLC acquired a new stake in SS&C Technologies in the 1st quarter valued at $33,000. 1248 Management LLC bought a new stake in shares of SS&C Technologies in the 1st quarter worth about $34,000. Finally, Quent Capital LLC acquired a new position in SS&C Technologies in the third quarter valued at about $39,000. Institutional investors and hedge funds own 96.90% of the company’s stock.
About SS&C Technologies
SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.
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