SS&C Technologies Holdings Inc. [NASDAQ: SSNC] gained 5.19% on the last trading session, reaching $78.89 price per share at the time. The company report on July 29, 2021 that SS&C Technologies Releases Q2 2021 Earnings Results, Announces $1 Billion Common Stock Repurchase Program.
Q2 2021 GAAP revenue $1,259.0 million, up 10.6%, Fully Diluted GAAP Earnings Per Share $0.71, up 10.9%.
Adjusted revenue $1,261.0 million, up 10.5%, Adjusted Diluted Earnings Per Share $1.24, up 19.2%.
SS&C Technologies Holdings Inc. represents 257.00 million in outstanding shares, while the company has a total market value of $20.02 billion with the latest information. SSNC stock price has been found in the range of $77.25 to $79.71.
If compared to the average trading volume of 933.45K shares, SSNC reached a trading volume of 1881747 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about SS&C Technologies Holdings Inc. [SSNC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SSNC shares is $84.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SSNC stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Credit Suisse have made an estimate for SS&C Technologies Holdings Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 16, 2021. While these analysts kept the previous recommendation, Credit Suisse raised their target price from $68 to $74. The new note on the price target was released on March 01, 2021, representing the official price target for SS&C Technologies Holdings Inc. stock. Previously, the target price had yet another raise to $77, while Truist analysts kept a Hold rating on SSNC stock.
The Average True Range (ATR) for SS&C Technologies Holdings Inc. is set at 1.36, with the Price to Sales ratio for SSNC stock in the period of the last 12 months amounting to 4.23. The Price to Book ratio for the last quarter was 3.54, with the Price to Cash per share for the same quarter was set at 1.00. Price to Free Cash Flow for SSNC in the course of the last twelve months was 19.21 with Quick ratio for the last quarter at 1.00.
Trading performance analysis for SSNC stock
SS&C Technologies Holdings Inc. [SSNC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.06. With this latest performance, SSNC shares gained by 7.46% in over the last four-week period, additionally plugging by 22.52% over the last 6 months – not to mention a rise of 35.57% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SSNC stock in for the last two-week period is set at 72.16, with the RSI for the last a single of trading hit 77.80, and the three-weeks RSI is set at 67.99 for SS&C Technologies Holdings Inc. [SSNC]. The present Moving Average for the last 50 days of trading for this stock 73.65, while it was recorded at 76.01 for the last single week of trading, and 69.98 for the last 200 days.
SS&C Technologies Holdings Inc. [SSNC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and SS&C Technologies Holdings Inc. [SSNC] shares currently have an operating margin of +21.81 and a Gross Margin at +44.48. SS&C Technologies Holdings Inc.’s Net Margin is presently recorded at +13.39.
Return on Total Capital for SSNC is now 8.11, given the latest momentum, and Return on Invested Capital for the company is 5.01. Return on Equity for this stock inclined to 11.54, with Return on Assets sitting at 3.83. When it comes to the capital structure of this company, SS&C Technologies Holdings Inc. [SSNC] has a Total Debt to Total Equity ratio set at 118.36. Additionally, SSNC Total Debt to Total Capital is recorded at 54.20, with Total Debt to Total Assets ending up at 42.49. Long-Term Debt to Equity for the company is recorded at 117.42, with the Long-Term Debt to Total Capital now at 53.77.
Reflecting on the efficiency of the workforce at the company, SS&C Technologies Holdings Inc. [SSNC] managed to generate an average of $25,415 per employee. Receivables Turnover for the company is 2.16 with a Total Asset Turnover recorded at a value of 0.29.SS&C Technologies Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
SS&C Technologies Holdings Inc. [SSNC]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SSNC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SS&C Technologies Holdings Inc. go to 2.96%.
An analysis of insider ownership at SS&C Technologies Holdings Inc. [SSNC]
There are presently around $16,521 million, or 82.90% of SSNC stock, in the hands of institutional investors. The top three institutional holders of SSNC stocks are: VANGUARD GROUP INC with ownership of 19,899,597, which is approximately -0.226% of the company’s market cap and around 12.58% of the total institutional ownership; JANUS HENDERSON GROUP PLC, holding 17,702,399 shares of the stock with an approximate value of $1.4 billion in SSNC stocks shares; and BLACKROCK INC., currently with $1.38 billion in SSNC stock with ownership of nearly 42.802% of the company’s market capitalization.
Positions in SS&C Technologies Holdings Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 268 institutional holders increased their position in SS&C Technologies Holdings Inc. [NASDAQ:SSNC] by around 19,726,874 shares. Additionally, 217 investors decreased positions by around 22,026,079 shares, while 58 investors held positions by with 167,669,825 shares. The mentioned changes placed institutional holdings at 209,422,778 shares, according to the latest SEC report filing. SSNC stock had 62 new institutional investments in for a total of 1,773,240 shares, while 57 institutional investors sold positions of 3,514,332 shares during the same period.