NASDAQ:SSNT - SilverSun Technologies Stock Price, News, & Analysis

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$3.49 +0.31 (+9.75 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$3.18
Today's Range$3.33 - $3.49
52-Week Range$2.90 - $4.84
Volume135 shs
Average Volume1,679 shs
Market Capitalization$16.52 million
P/E Ratio29.08
Dividend YieldN/A
Beta0.42
SilverSun Technologies, Inc. operates as a business application, technology, and consulting company. The company resells enterprise resource planning software for the financial accounting requirements, as well as offers associated training, technical support, and professional services. The company also publishes and markets MAPADOC, an electronic data interchange software through a network of resellers. In addition, the company resells warehouse management system software, which controls the movement and storage of materials; and offers customer relationship management and business intelligence products. Further, it provides managed services, data back-up, network maintenance and service upgrades, hosting, business continuity, cloud, email, and Web services. It serves small and medium-sized businesses that sell services and products to various end users, manufacturers, wholesalers, and distributors in the United States. The company was formerly known as Trey Resources, Inc. and changed its name to SilverSun Technologies, Inc. in June 2011. SilverSun Technologies, Inc. was founded in 1988 and is headquartered in East Hanover, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:SSNT
Previous Symbol
CUSIPN/A
Phone973-396-1720

Debt

Debt-to-Equity Ratio0.32
Current Ratio0.82
Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio29.08
Forward P/E Ratio14.54
P/E GrowthN/A

Sales & Book Value

Annual Sales$34.85 million
Price / Sales0.45
Cash Flow$0.2511 per share
Price / Cash13.90
Book Value$0.94 per share
Price / Book3.71

Profitability

EPS (Most Recent Fiscal Year)$0.12
Net Income$-480,000.00
Net Margins-1.84%
Return on Equity7.97%
Return on Assets3.27%

Miscellaneous

Employees158
Outstanding Shares4,500,000
Market Cap$16.52 million
OptionableNot Optionable

SilverSun Technologies (NASDAQ:SSNT) Frequently Asked Questions

What is SilverSun Technologies' stock symbol?

SilverSun Technologies trades on the NASDAQ under the ticker symbol "SSNT."

How often does SilverSun Technologies pay dividends? What is the dividend yield for SilverSun Technologies?

SilverSun Technologies announced a special dividend on Thursday, November 16th. Stockholders of record on Tuesday, November 28th will be given a dividend of $0.04 per share on Monday, December 4th. The ex-dividend date is Monday, November 27th. View SilverSun Technologies' Dividend History.

How were SilverSun Technologies' earnings last quarter?

SilverSun Technologies Inc (NASDAQ:SSNT) posted its earnings results on Tuesday, November, 13th. The company reported $0.04 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.02. The business had revenue of $11.29 million for the quarter, compared to analyst estimates of $10.87 million. SilverSun Technologies had a negative net margin of 1.84% and a positive return on equity of 7.97%. View SilverSun Technologies' Earnings History.

When is SilverSun Technologies' next earnings date?

SilverSun Technologies is scheduled to release their next quarterly earnings announcement on Monday, March 25th 2019. View Earnings Estimates for SilverSun Technologies.

What price target have analysts set for SSNT?

1 brokers have issued 1 year price targets for SilverSun Technologies' shares. Their forecasts range from $7.00 to $7.00. On average, they expect SilverSun Technologies' stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 100.6% from the stock's current price. View Analyst Price Targets for SilverSun Technologies.

What is the consensus analysts' recommendation for SilverSun Technologies?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SilverSun Technologies in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SilverSun Technologies.

What are Wall Street analysts saying about SilverSun Technologies stock?

Here are some recent quotes from research analysts about SilverSun Technologies stock:
  • 1. According to Zacks Investment Research, "SilverSun Technologies Inc is a business application, technology and consulting company. It offers accounting and business management, financial reporting, Enterprise Resource Planning, Warehouse Management Systems, Customer Relationship Management and Business Intelligence. The company also own development staff building software solutions for Electronic Data Interchange, time and billing, and various ERP enhancements. It operates primarily in Chicago, Dallas, Arizona, Seattle, Greensboro, and Southern California. SilverSun Technologies Inc is headquartered in Livingston, New Jersey. " (5/26/2018)
  • 2. Westpark Capital analysts commented, "We believe SSNT’s Management is executing very well as demonstrated by the success of the Master value-added (VAR) program which has led to growth in customer base by 25%. We are encouraged by the acquisition as well as the entry into the Cybersecurity space via CyberHat. We maintain our $7 PT on SSNT." (5/23/2018)

Has SilverSun Technologies been receiving favorable news coverage?

Media stories about SSNT stock have been trending positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SilverSun Technologies earned a news impact score of 2.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Who are some of SilverSun Technologies' key competitors?

Who are SilverSun Technologies' key executives?

SilverSun Technologies' management team includes the folowing people:
  • Mr. Mark Meller, Chairman, Pres & CEO (Age 58)
  • Mr. Crandall Melvin III, Chief Financial Officer (Age 61)
  • Mr. Gary Berman, Exec. VP of SWK Technologies, Inc

How do I buy shares of SilverSun Technologies?

Shares of SSNT 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, Scottrade, Fidelity and Charles Schwab.

What is SilverSun Technologies' stock price today?

One share of SSNT stock can currently be purchased for approximately $3.49.

How big of a company is SilverSun Technologies?

SilverSun Technologies has a market capitalization of $16.52 million and generates $34.85 million in revenue each year. The company earns $-480,000.00 in net income (profit) each year or $0.12 on an earnings per share basis. SilverSun Technologies employs 158 workers across the globe.

What is SilverSun Technologies' official website?

The official website for SilverSun Technologies is http://www.silversuntech.com.

How can I contact SilverSun Technologies?

SilverSun Technologies' mailing address is 120 EAGLE ROCK AVENUE SUITE 330, EAST HANOVER NJ, 07936. The company can be reached via phone at 973-396-1720.


MarketBeat Community Rating for SilverSun Technologies (NASDAQ SSNT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  69 (Vote Outperform)
Underperform Votes:  82 (Vote Underperform)
Total Votes:  151
MarketBeat's community ratings are surveys of what our community members think about SilverSun Technologies and other stocks. Vote "Outperform" if you believe SSNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SSNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/14/2018 by MarketBeat.com Staff

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