SS&C Technologies Holdings Inc (SSNC) Stock: A Review of the Recent Movement

In the past week, SSNC stock has gone up by 3.13%, with a monthly gain of 1.35% and a quarterly surge of 14.77%. The volatility ratio for the week is 1.47%, and the volatility levels for the last 30 days are 1.34% for SS&C Technologies Holdings Inc. The simple moving average for the past 20 days is 2.36% for SSNC’s stock, with a 16.22% simple moving average for the past 200 days.

Is It Worth Investing in SS&C Technologies Holdings Inc (NASDAQ: SSNC) Right Now?

SS&C Technologies Holdings Inc (NASDAQ: SSNC) has a higher price-to-earnings ratio of 27.65x compared to its average ratio, The 36-month beta value for SSNC is at 1.38. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for SSNC is 212.63M, and currently, shorts hold a 0.75% of that float. The average trading volume for SSNC on October 18, 2024 was 1.17M shares.

SSNC) stock’s latest price update

The stock price of SS&C Technologies Holdings Inc (NASDAQ: SSNC) has dropped by -0.37 compared to previous close of 76.66. Despite this, the company has seen a gain of 3.13% in its stock price over the last five trading days. zacks.com reported 2024-10-17 that SS&C Technologies (SSNC) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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 3.40% 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 -0.73% of loss for the given period.

Volatility was left at 1.34%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares sank -0.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.66% upper at present.

During the last 5 trading sessions, SSNC rose by +3.13%, which changed the moving average for the period of 200-days by +26.42% in comparison to the 20-day moving average, which settled at $74.62. In addition, SS&C Technologies Holdings Inc saw 24.99% 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 19,000 shares at the price of $75.97 back on Sep 20 ’24. After this action, ZAMKOW MICHAEL JAY now owns 22,576 shares of SS&C Technologies Holdings Inc, valued at $1,443,438 using the latest closing price.

Michael Zamkow, the Director of SS&C Technologies Holdings Inc, proposed sale 19,000 shares at $76.46 during a trade that took place back on Sep 20 ’24, which means that Michael Zamkow is holding shares at $1,452,740 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 11.08, with 4.26 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 1.03. The interest coverage ratio of the stock is 2.82.

Currently, EBITDA for the company is 1.91 billion with net debt to EBITDA at 2.44. When we switch over and look at the enterprise to sales, we see a ratio of 4.18. The receivables turnover for the company is 5.05for 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 1.16.

Conclusion

In conclusion, SS&C Technologies Holdings Inc (SSNC) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.

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