The price-to-earnings ratio for SS&C Technologies Holdings Inc (NASDAQ: SSNC) is above average at 25.53x, Company’s 36-month beta value is 1.41.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SSNC is 214.43M, and currently, short sellers hold a 0.75% ratio of that floaft. The average trading volume of SSNC on April 24, 2024 was 963.36K shares.
SSNC) stock’s latest price update
SS&C Technologies Holdings Inc (NASDAQ: SSNC)’s stock price has decreased by -0.41 compared to its previous closing price of 61.23. However, the company has seen a 1.16% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-22 that Get a deeper insight into the potential performance of SS&C Technologies (SSNC) for the quarter ended March 2024 by going beyond Wall Street’s top -and-bottom-line estimates and examining the estimates for some of its key metrics.
SSNC’s Market Performance
SS&C Technologies Holdings Inc (SSNC) has experienced a 1.16% rise in stock performance for the past week, with a -4.48% drop in the past month, and a -1.04% drop in the past quarter. The volatility ratio for the week is 1.17%, and the volatility levels for the past 30 days are at 1.45% for SSNC. The simple moving average for the last 20 days is -2.12% for SSNC stock, with a simple moving average of 4.79% for the last 200 days.
Analysts’ Opinion of SSNC
Many brokerage firms have already submitted their reports for SSNC stocks, with UBS repeating the rating for SSNC by listing it as a “Buy.” The predicted price for SSNC in the upcoming period, according to UBS is $72 based on the research report published on November 07, 2023 of the previous year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see SSNC reach a price target of $68. The rating they have provided for SSNC stocks is “Overweight” according to the report published on March 15th, 2023.
SSNC Trading at -2.86% from the 50-Day Moving Average
After a stumble in the market that brought SSNC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.41% of loss for the given period.
Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.17%, as shares sank -5.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.02% upper at present.
During the last 5 trading sessions, SSNC rose by +1.16%, which changed the moving average for the period of 200-days by +2.50% in comparison to the 20-day moving average, which settled at $62.13. In addition, SS&C Technologies Holdings Inc saw -0.21% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SSNC starting from BOULANGER NORMAND A, who sale 60,000 shares at the price of $55.06 back on Sep 14 ’23. After this action, BOULANGER NORMAND A now owns 280,000 shares of SS&C Technologies Holdings Inc, valued at $3,303,618 using the latest closing price.
BOULANGER NORMAND A, the Director of SS&C Technologies Holdings Inc, sale 40,000 shares at $54.61 during a trade that took place back on Sep 13 ’23, which means that BOULANGER NORMAND A is holding 340,000 shares at $2,184,492 based on the most recent closing price.
Stock Fundamentals for SSNC
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.48 for the gross margin
The net margin for SS&C Technologies Holdings Inc stands at 0.11. The total capital return value is set at 0.08. Equity return is now at value 9.80, with 3.49 for asset returns.
Based on SS&C Technologies Holdings Inc (SSNC), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 1.06. The interest coverage ratio of the stock is 2.57.
Currently, EBITDA for the company is 1.91 billion with net debt to EBITDA at 2.02. When we switch over and look at the enterprise to sales, we see a ratio of 3.45. The receivables turnover for the company is 6.2for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
In a nutshell, SS&C Technologies Holdings Inc (SSNC) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
