SS&C Technologies Holdings Inc (NASDAQ: SSNC)’s stock price has soared by 0.41 in relation to previous closing price of 75.48. Nevertheless, the company has seen a loss of -1.13% in its stock price over the last five trading days. prnewswire.com reported 2024-10-22 that WINDSOR, Conn., Oct. 22, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced SS&C Blue Prism has been named a Robotic Process Automation (RPA) Leader in the Everest Group Robotic Process Automation (RPA) Products PEAK Matrix® Assessment 2024.
Is It Worth Investing in SS&C Technologies Holdings Inc (NASDAQ: SSNC) Right Now?
The price-to-earnings ratio for SS&C Technologies Holdings Inc (NASDAQ: SSNC) is above average at 27.44x, Company’s 36-month beta value is 1.38.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.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SSNC is 212.63M, and currently, short sellers hold a 0.75% ratio of that floaft. The average trading volume of SSNC on October 24, 2024 was 1.17M shares.
SSNC’s Market Performance
SSNC stock saw an increase of -1.13% in the past week, with a monthly gain of 1.28% and a quarterly increase of 11.42%. The volatility ratio for the week is 1.25%, and the volatility levels for the last 30 days are 1.32% for SS&C Technologies Holdings Inc (SSNC).. The simple moving average for the past 20 days is 1.26% for SSNC’s stock, with a 14.76% simple moving average for the past 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 2.00% 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 -1.60% of loss for the given period.
Volatility was left at 1.32%, however, over the last 30 days, the volatility rate increased by 1.25%, as shares surge +2.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.66% upper at present.
During the last 5 trading sessions, SSNC fell by -1.13%, which changed the moving average for the period of 200-days by +24.33% in comparison to the 20-day moving average, which settled at $74.85. In addition, SS&C Technologies Holdings Inc saw 24.02% 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 4.15. 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 a nutshell, SS&C Technologies Holdings Inc (SSNC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
