SS&C Technologies Holdings Inc. (NASDAQ: SSNC) is -37.30% lower on its value in year-to-date trading and has touched a low of $45.25 and a high of $84.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SSNC stock was last observed hovering at around $51.08 in the last trading session, with the day’s gains setting it 0.32% off its average median price target of $65.00 for the next 12 months. It is also 28.61% off the consensus price target high of $72.00 offered by 11 analysts, but current levels are 6.55% higher than the price target low of $55.00 for the same period.
Currently trading at $51.40, the stock is 1.13% and 2.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.57 million and changing 0.63% at the moment leaves the stock -16.89% off its SMA200. SSNC registered -35.47% loss for a year compared to 6-month loss of -17.11%.
The stock witnessed a 6.29% gain in the last 1 month and extending the period to 3 months gives it a -11.85%, and is -3.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.37% over the week and 2.52% over the month.
SS&C Technologies Holdings Inc. (SSNC) has around 24900 employees, a market worth around $12.80B and $5.24B in sales. Current P/E ratio is 19.66 and Fwd P/E is 10.28. Profit margin for the company is 13.20%. Distance from 52-week low is 13.59% and -39.42% from its 52-week high. The company has generated returns on investments over the last 12 months (7.90%).
SS&C Technologies Holdings Inc. (SSNC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for SS&C Technologies Holdings Inc. (SSNC) is a “Buy”. 11 analysts offering their recommendations for the stock have an average rating of 2.00, where 2 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
SS&C Technologies Holdings Inc. is expected to release its quarterly report on 02/09/2023.The EPS is expected to grow by 27.60% this year.
SS&C Technologies Holdings Inc. (SSNC) Top Institutional Holders
The shares outstanding are 253.90M, and float is at 219.75M with Short Float at 1.42%.
SS&C Technologies Holdings Inc. (SSNC) Insider Activity
A total of 11 insider transactions have happened at SS&C Technologies Holdings Inc. (SSNC) in the last six months, with sales accounting for 4 and purchases happening 7 times. The most recent transaction is an insider sale by Kanwar Rahul,the company’sPresident & COO. SEC filings show that Kanwar Rahul sold 73,232 shares of the company’s common stock on Aug 12 at a price of $62.50 per share for a total of $4.58 million. Following the sale, the insider now owns 50000.0 shares.
SS&C Technologies Holdings Inc. disclosed in a document filed with the SEC on Aug 11 that Kanwar Rahul (President & COO) sold a total of 46,700 shares of the company’s common stock. The trade occurred on Aug 11 and was made at $63.06 per share for $2.94 million. Following the transaction, the insider now directly holds 50000.0 shares of the SSNC stock.
Still, SEC filings show that on Aug 10, Kanwar Rahul (President & COO) disposed off 80,068 shares at an average price of $62.56 for $5.01 million. The insider now directly holds 50,000 shares of SS&C Technologies Holdings Inc. (SSNC).
SS&C Technologies Holdings Inc. (SSNC): Who are the competitors?
The company’s main competitors (and peers) include Fair Isaac Corporation (FICO) that is trading 63.17% up over the past 12 months and Model N Inc. (MODN) that is 27.18% higher over the same period. Fiserv Inc. (FISV) is 5.52% up on the 1-year trading charts.