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

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$2.51 +0.08 (+3.29 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$2.43
Today's Range$2.38 - $2.74
52-Week Range$2.00 - $4.56
Volume25,500 shs
Average Volume8,186 shs
Market Capitalization$11.30 million
P/E Ratio10.57
Dividend YieldN/A
Beta0.7
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 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 customer relationship management and business intelligence products. Further, it provides managed, cybersecurity, business continuity, disaster recovery, data back-up, network maintenance and service upgrades, and application hosting 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$41 million
Cash Flow$0.2213 per share
Book Value$0.99 per share

Profitability

Net Income$260,000.00

Miscellaneous

Employees178
Market Cap$11.30 million
Next Earnings Date8/12/2019 (Estimated)
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, December 27th. Stockholders of record on Monday, January 7th will be given a dividend of $0.05 per share on Monday, January 14th. The ex-dividend date is Friday, January 4th. This is an increase 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) posted its earnings results on Thursday, March, 28th. The company reported $0.17 EPS for the quarter. The firm had revenue of $6.15 million for the quarter. SilverSun Technologies had a net margin of 2.75% and a return on equity of 23.38%. 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, August 12th 2019. View Earnings Estimates for SilverSun Technologies.

What price target have analysts set for SSNT?

2 Wall Street analysts have issued 1 year price objectives for SilverSun Technologies' shares. Their forecasts range from $7.00 to $7.00. On average, they expect SilverSun Technologies' share price to reach $7.00 in the next twelve months. This suggests a possible upside of 178.9% 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?

Headlines about SSNT stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media 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 media sentiment score of -1.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the near future.

Who are some of SilverSun Technologies' key competitors?

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, Advisor to the Chief Exec. Officer (Age 62)
  • Ms. Christine Elizabeth Dye, Chief Financial Officer (Age 46)
  • 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 $2.51.

How big of a company is SilverSun Technologies?

SilverSun Technologies has a market capitalization of $11.30 million and generates $41 million in revenue each year. SilverSun Technologies employs 178 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:  2.2 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  262
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 5/20/2019 by MarketBeat.com Staff

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