NASDAQ:SSNCSS&C Technologies Stock Price, Forecast & News

$57.90

+0.10 (+0.17 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$56.57

Now: $57.90▼

$58.16

50-Day Range

$45.01

MA: $53.50▼

$58.50

52-Week Range

$29.51

Now: $57.90▼

$66.74

Volume116,540 shs

Average Volume1.80 million shs

Market Capitalization$14.84 billion

P/E Ratio33.66

Dividend Yield0.86%

Beta1.47

SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan. The company's products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions, including portfolio management and reporting; and back-office functions comprising accounting, transfer agency, compliance, regulatory services, performance measurement, reconciliation, reporting, processing, and clearing. It provides solutions to clients in institutional asset and wealth management, alternative investment management, brokerage, retirement, financial advisory, and financial institutions vertical markets, commercial lenders, real estate investment trusts, corporate treasury groups, insurance companies, pension funds, municipal finance groups, and real estate property managers. The company also offers health care solutions, such as claims adjudication, benefit management, care management, and business intelligence services to health care industry that include pharmacy, healthcare administration, and health optimization solutions, as well as provides professional and products support services. SS&C Technologies Holdings, Inc. was founded in 1986 and is headquartered in Windsor, Connecticut.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
SS&C Technologies has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $66.54, SS&C Technologies has a potential upside of 14.9% from its current price of $57.90.
Amount of Analyst Coverage
SS&C Technologies has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.3 Community Rank

Outperform Votes
SS&C Technologies has received 603 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SS&C Technologies has received 321 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SS&C Technologies has received 65.26% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SS&C Technologies and other stocks. Vote “Outperform” if you believe SSNC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SSNC will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
SS&C Technologies is a leading dividend payer. It pays a dividend yield of 0.86%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
SS&C Technologies has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of SS&C Technologies is 13.81 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, SS&C Technologies will have a dividend payout ratio of 12.25 % next year. This indicates that SS&C Technologies will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SS&C Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $69,041.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 14.60% of the stock of SS&C Technologies is held by insiders.
Percentage Held by Institutions
81.28% of the stock of SS&C Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for SS&C Technologies are expected to grow by 9.68% in the coming year, from $3.72 to $4.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SS&C Technologies is 33.66, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of SS&C Technologies is 33.66, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.77.
Price to Book Value per Share Ratio
SS&C Technologies has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.24 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryApplication Software

SectorComputer and Technology

Current SymbolNASDAQ:SSNC

Previous Symbol

CUSIP78467J10

CIK1402436

Webwww.ssctech.com

Phone860-298-4500

Debt

Debt-to-Equity Ratio1.44

Current Ratio1.06

Quick Ratio1.06

Price-To-Earnings

Trailing P/E Ratio33.66

Forward P/E Ratio15.56

P/E GrowthN/A

Sales & Book Value

Annual Sales$4.63 billion

Price / Sales3.20

Cash Flow$6.92 per share

Price / Cash Flow8.37

Book Value$19.85 per share

Price / Book2.92

Profitability

EPS (Most Recent Fiscal Year)$3.62

Net Income$438.50 million

Net Margins9.79%

Return on Equity19.95%

Return on Assets6.12%

Miscellaneous

Employees22,800

Outstanding Shares256,240,000

Market Cap$14.84 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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SS&C Technologies (NASDAQ:SSNC) Frequently Asked Questions

How has SS&C Technologies' stock been impacted by COVID-19 (Coronavirus)?

SS&C Technologies' stock was trading at $46.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SSNC shares have increased by 25.7% and is now trading at $57.8950. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SS&C Technologies?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SS&C Technologies in the last year. There are currently 2 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SS&C Technologies.

When is SS&C Technologies' next earnings date?

SS&C Technologies is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for SS&C Technologies.

How were SS&C Technologies' earnings last quarter?

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) released its quarterly earnings results on Thursday, April, 30th. The technology company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.96 by $0.07. The technology company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.17 billion. SS&C Technologies had a return on equity of 19.95% and a net margin of 9.79%. The company's revenue was up 2.4% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. View SS&C Technologies' earnings history.

How often does SS&C Technologies pay dividends? What is the dividend yield for SS&C Technologies?

SS&C Technologies announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.125 per share on Monday, June 15th. This represents a $0.50 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Friday, May 29th. View SS&C Technologies' dividend history.

What price target have analysts set for SSNC?

13 equities research analysts have issued 1 year price targets for SS&C Technologies' shares. Their forecasts range from $50.00 to $76.00. On average, they anticipate SS&C Technologies' share price to reach $66.54 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price. View analysts' price targets for SS&C Technologies.

Has SS&C Technologies been receiving favorable news coverage?

Press coverage about SSNC stock has been trending somewhat positive on Friday, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SS&C Technologies earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutSS&C Technologies.

Are investors shorting SS&C Technologies?

SS&C Technologies saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,340,000 shares, a decrease of 19.3% from the April 30th total of 6,620,000 shares. Based on an average trading volume of 2,640,000 shares, the short-interest ratio is currently 2.0 days. Approximately 2.4% of the company's shares are sold short. View SS&C Technologies' Current Options Chain.

Who are some of SS&C Technologies' key competitors?

Some companies that are related to SS&C Technologies include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Guidewire Software (GWRE) and Pegasystems (PEGA). View all competitors.

What other stocks do shareholders of SS&C Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SS&C Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), QUALCOMM (QCOM), Netflix (NFLX), UnitedHealth Group (UNH), Mastercard (MA), Paypal (PYPL), Cisco Systems (CSCO) and Intel (INTC).

Who are SS&C Technologies' key executives?

SS&C Technologies' management team includes the following people:

Mr. William C. Stone, Founder, Chairman & CEO (Age 64)
Mr. Rahul Kanwar, Pres & COO (Age 44)
Mr. Patrick J. Pedonti, Sr. VP & CFO (Age 67)
Mr. Anthony Caiafa, Chief Technology Officer
Ms. Justine Stone, Head of Investor Relations

What is SS&C Technologies' stock symbol?

SS&C Technologies trades on the NASDAQ under the ticker symbol "SSNC."

Who are SS&C Technologies' major shareholders?

SS&C Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (7.40%), Wellington Management Group LLP (5.26%), BlackRock Inc. (4.93%), Capital Research Global Investors (2.00%), State Street Corp (1.84%) and Cantillon Capital Management LLC (1.61%). Company insiders that own SS&C Technologies stock include Jonathan E Michael, Joseph J Frank, Michael Jay Zamkow, Patrick J Pedonti, Smita Conjeevaram and William C Stone. View institutional ownership trends for SS&C Technologies.

Which major investors are selling SS&C Technologies stock?

SSNC stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Frontier Capital Management Co. LLC, Swedbank, Capital Research Global Investors, Echo Street Capital Management LLC, ArrowMark Colorado Holdings LLC, GW&K Investment Management LLC, and Assenagon Asset Management S.A.. Company insiders that have sold SS&C Technologies company stock in the last year include Patrick J Pedonti, and William C Stone. View insider buying and selling activity for SS&C Technologies.

Which major investors are buying SS&C Technologies stock?

SSNC stock was purchased by a variety of institutional investors in the last quarter, including Evercore Wealth Management LLC, Nuveen Asset Management LLC, BlackRock Inc., JPMorgan Chase & Co., BNP Paribas Arbitrage SA, First Trust Advisors LP, Sunriver Management LLC, and Harspring Capital Management LLC. Company insiders that have bought SS&C Technologies stock in the last two years include Jonathan E Michael, Joseph J Frank, Michael Jay Zamkow, and Smita Conjeevaram. View insider buying and selling activity for SS&C Technologies.

How do I buy shares of SS&C Technologies?

Shares of SSNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is SS&C Technologies' stock price today?

One share of SSNC stock can currently be purchased for approximately $57.90.

How big of a company is SS&C Technologies?

SS&C Technologies has a market capitalization of $14.84 billion and generates $4.63 billion in revenue each year. The technology company earns $438.50 million in net income (profit) each year or $3.62 on an earnings per share basis. SS&C Technologies employs 22,800 workers across the globe.

What is SS&C Technologies' official website?

The official website for SS&C Technologies is www.ssctech.com.

How can I contact SS&C Technologies?

SS&C Technologies' mailing address is 80 LAMBERTON RD, WINDSOR CT, 06095. The technology company can be reached via phone at 860-298-4500 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff