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.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Phone973-396-1720
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$34.85 million
Profitability
Miscellaneous
Employees158
Next Earnings DateN/A
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 declared a special dividend on Thursday, December 27th. Stockholders of record on Monday, January 7th will be paid a dividend of $0.05 per share on Monday, January 14th. The ex-dividend date is Friday, January 4th. This is a boost from SilverSun Technologies's previous special dividend of $0.04. View SilverSun Technologies' Dividend History.
How were SilverSun Technologies' earnings last quarter?
SilverSun Technologies Inc (NASDAQ:SSNT) issued its quarterly earnings data on Tuesday, November, 13th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.02. The firm 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 2.13% and a positive return on equity of 5.02%. View SilverSun Technologies' Earnings History.
What price target have analysts set for SSNT?
2 brokerages have issued 1-year price objectives for SilverSun Technologies' stock. Their forecasts range from $7.00 to $7.00. On average, they expect SilverSun Technologies' share price to reach $7.00 in the next year. This suggests a possible upside of 136.1% from the stock's current price. View Analyst Price Targets for SilverSun Technologies.
What is the consensus analysts' recommendation for SilverSun Technologies?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SilverSun Technologies in the last year. There are currently 2 buy ratings 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?
News articles about SSNT stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. SilverSun Technologies earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.
Who are some of SilverSun Technologies' key competitors?
Some companies that are related to SilverSun Technologies include Research Solutions (RSSS), OmniComm Systems (OMCM), DynTek (DYNE), Sito Mobile (SITO), Weyland Tech (WEYL), BSQUARE (BSQR), Protagenic Therapeutics (PTIX), The9 (NCTY), SPAR Group (SGRP), China Techfaith Wireless Comm. Tech. (CNTF), QuoteMedia (QMCI), China Recycling Energy (CREG), ITEX (ITEX), ICTS International (ICTSF) and Accelerize (ACLZ).
What other stocks do shareholders of SilverSun Technologies own?
Who are SilverSun Technologies' key executives?
SilverSun Technologies' management team includes the folowing people:
- Mr. Mark Meller, Chairman, Pres & CEO (Age 59)
- Mr. Crandall Melvin III, Chief Financial Officer (Age 62)
- Ms. Christine Elizabeth Dye, Chief Financial Officer
- 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 $2.9650.
How big of a company is SilverSun Technologies?
SilverSun Technologies has a market capitalization of $13.34 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?
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)
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.
