The stock price of SS&C Technologies Holdings Inc (NASDAQ: SSNC) has surged by 1.02 when compared to previous closing price of 67.33, but the company has seen a 0.59% gain in its stock price over the last five trading sessions. zacks.com reported 2024-07-25 that Although the revenue and EPS for SS&C Technologies (SSNC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Is It Worth Investing in SS&C Technologies Holdings Inc (NASDAQ: SSNC) Right Now?
SS&C Technologies Holdings Inc (NASDAQ: SSNC) has a price-to-earnings ratio of 26.99x that is above its average ratio. Additionally, the 36-month beta value for SSNC is 1.37. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for SSNC is 214.61M and currently, short sellers hold a 0.95% ratio of that float. The average trading volume of SSNC on July 26, 2024 was 942.92K shares.
SSNC’s Market Performance
The stock of SS&C Technologies Holdings Inc (SSNC) has seen a 0.59% increase in the past week, with a 8.09% rise in the past month, and a 10.53% gain in the past quarter. The volatility ratio for the week is 1.87%, and the volatility levels for the past 30 days are at 1.77% for SSNC. The simple moving average for the last 20 days is 5.54% for SSNC stock, with a simple moving average of 13.05% 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 7.82% 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 -2.12% of loss for the given period.
Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares surge +9.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.87% upper at present.
During the last 5 trading sessions, SSNC rose by +0.59%, which changed the moving average for the period of 200-days by +30.53% in comparison to the 20-day moving average, which settled at $64.74. In addition, SS&C Technologies Holdings Inc saw 11.31% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SSNC starting from ZAMKOW MICHAEL JAY, who sale 7,500 shares at the price of $60.46 back on Jun 17 ’24. After this action, ZAMKOW MICHAEL JAY now owns 41,576 shares of SS&C Technologies Holdings Inc, valued at $453,460 using the latest closing price.
ZAMKOW MICHAEL JAY, the Director of SS&C Technologies Holdings Inc, sale 10,000 shares at $61.69 during a trade that took place back on Jun 04 ’24, which means that ZAMKOW MICHAEL JAY is holding 41,576 shares at $616,925 based on the most recent closing price.
Stock Fundamentals for SSNC
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.49 for the gross margin
The net margin for SS&C Technologies Holdings Inc stands at 0.12. The total capital return value is set at 0.09. Equity return is now at value 10.20, with 3.83 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 0.12. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is 5.42.
Currently, EBITDA for the company is 1.91 billion with net debt to EBITDA at 3.44. When we switch over and look at the enterprise to sales, we see a ratio of 4.09. The receivables turnover for the company is 3.28for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
In conclusion, SS&C Technologies Holdings Inc (SSNC) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
