As of Friday close, SS&C Technologies Holdings Inc.’s (NASDAQ:SSNC) stock was up $0.4, moving up 0.73 percent to $55.05. The average number of shares traded per day over the past five days has been 988,720 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.04 fall in that time frame. In the last twenty days, the average volume was 1,204,480, while in the previous 50 days, it was 1,141,596.
Since last month, SSNC stock retreated -10.84%. Shares of the company fell to $54.33 on 08/18/23, the lowest level in the past month. A 52-week high of $64.52 was reached on 02/09/23 after having rallying from a 52-week low of $45.25. Since the beginning of this year, SSNC’s stock price has risen by 5.74% or $2.99, and marked a new high 14 times. However, the stock has declined by -14.68% since its 52-week high.
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SSNC stock investors should be aware that SS&C Technologies Holdings Inc. (SSNC) stock had its last reported insider trading activity 64 days ago on Jun 16. PEDONTI PATRICK J, the SVP and CFO of the company, disposed of 200,000 shares for $60.03 on Jun 16. It resulted in a $12,005,020 divestment by the insider.
Valuation Metrics
Right now, SS&C Technologies Holdings Inc. (SSNC) has a P/E ratio of about 22.71. The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 2.54, the price-to-book (PB) ratio of 2.21, and the price-to-cash flow ratio of 13.31 may also be considered.
The latest dividend of $0.20 per share was paid out, remained unchanged from last year’s $0.20. On Thursday February 17 2022, a $0.0426 dividend decrease was announced.
Financial Health
In the three months ended June 29, SS&C Technologies Holdings Inc.’s quick ratio stood at 1.20, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.11, and the total debt-to-equity ratio was 1.12. On the profitability front, the trailing twelve-month gross margin is 47.30% percent. In the year ended June 29, EBITDA margin amounted to 34.65%, whereas operating margins totaled 21.70%. Based on annual data, SSNC earned $2.52 billion in gross profit and brought in $5.28 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.90%. Return on equity (ROE) for the past 12 months was 10.40%.
In SS&C Technologies Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $6.86 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SSNC’s revenue rose 2.49% to $1.36 billion during the quarter, while net income inched up to $1.36 billion. While analysts expected SS&C Technologies Holdings Inc. to report $1.12 quarterly earnings, the actual figure was $1.08 per share, beating the consensus estimate by -3.60%. During the quarter, the company generated $457.5 million in EBITDA. The liabilities of SS&C Technologies Holdings Inc. were 9.63 billion at the end of its most recent quarter ended June 29, and its total debt was $7.14 billion. The value of shareholders’ equity is $248.09 million.
Technical Picture
This quick technical analysis looks at SS&C Technologies Holdings Inc.’s (SSNC) price momentum. With a historical volatility rate of 16.68%, the RSI 9-day stood at 29.50% on 18 August.
With respect to its five-day moving average, the current SS&C Technologies Holdings Inc. price is down by -1.85% percent or -$1.04. At present, SSNC shares trade -10.78% below its 20-day simple moving average and +1.16% percent above its 100-day simple moving average. However, the stock is currently trading approximately -4.33% below its SMA50 and +7.06% above its SMA200.
Stochastic coefficient K was 11.52% and Stochastic coefficient D was 12.17%, while ATR was 1.01. Given the Stochastic reading of 17.60% for the 14-day period, the RSI (14) reading has been calculated as 33.18%. As of today, the MACD Oscillator reading stands at -0.68, while the 14-day reading stands at -1.13.
Analyst Ratings
JP Morgan launched its rating on SS&C Technologies Holdings Inc. (NASDAQ: SSNC) to an Overweight in a note to investors on March 15, 2023. SS&C Technologies Holdings Inc. (SSNC) has been rated Overweight by analysts. According to 0 brokerage firms, SSNC is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate SS&C Technologies Holdings Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $69.25, the current consensus forecast for the stock is $55.00 – $85.00. Based on these forecasts, analysts predict SS&C Technologies Holdings Inc. (SSNC) will achieve an average price target of $67.88.
