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NASDAQ:SSNC

SS&C Technologies (SSNC) Stock Price, News & Analysis

$72.10
-0.87 (-1.19%)
(As of 09/6/2024 ET)
Today's Range
$71.96
$73.55
50-Day Range
$61.42
$75.09
52-Week Range
$46.61
$75.10
Volume
1.06 million shs
Average Volume
822,103 shs
Market Capitalization
$17.69 billion
P/E Ratio
28.73
Dividend Yield
1.39%
Price Target
$70.75

SS&C Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
1.9% Downside
$70.75 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.31
Upright™ Environmental Score
News Sentiment
1.42mentions of SS&C Technologies in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$34.03 M Sold Last Quarter
Proj. Earnings Growth
13.30%
From $4.66 to $5.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.56 out of 5 stars

Computer And Technology Sector

98th out of 594 stocks

Prepackaged Software Industry

26th out of 202 stocks

SSNC stock logo

About SS&C Technologies Stock (NASDAQ:SSNC)

SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions comprising portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions consisting of claims adjudication, benefit management, care management, and business intelligence solutions. Its products and services allow professionals in the financial services and healthcare industries to automate complex business processes and are instrumental in helping its clients to manage information processing requirements. The company's software-enabled services include SS&C GlobeOp, Global Investor and Distribution Solutions, SS&C Retirement Solutions, Black Diamond Wealth Platform, CRM Solutions, Advent Managed Services, Advent Data Solutions, ALPS Advisors, and Virtual Data Rooms, as well as pharmacy, healthcare administration, and health outcomes optimization solutions. Its software products comprise portfolio/investment accounting and analytics software, portfolio management software, trading software, automation solutions, and banking and lending solutions, as well as research, analytics, risk, and training solutions. The company also provides professional services that includes consulting and implementation services consisting of initial system installation, conversion of historical data, and ongoing training and support, as well as product support services. It operates in the United States; Europe, the Middle East, and Africa; the Asia Pacific and Japan; Canada; and the Americas. The company was founded in 1986 and is headquartered in Windsor, Connecticut.

SSNC Stock Price History

SSNC Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
SS&C to Host 2024 Analyst Day
SS&C Technologies (NASDAQ:SSNC) Hits New 52-Week High at $74.05
SS&C Raises Quarterly Dividend 1c to 25c
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
SSNC Sep 2024 60.000 call (SSNC240920C00060000)
See More Headlines
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Company Calendar

Ex-Dividend for 6/17 Dividend
6/03/2024
Dividend Payable
6/17/2024
Last Earnings
7/25/2024
Ex-Dividend for 9/16 Dividend
9/03/2024
Today
9/07/2024
Dividend Payable
9/16/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:SSNC
CUSIP
78467J10
Employees
26,000
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$70.75
High Stock Price Target
$88.00
Low Stock Price Target
$53.00
Potential Upside/Downside
-1.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$607.10 million
Pretax Margin
16.13%

Debt

Sales & Book Value

Annual Sales
$5.50 billion
Cash Flow
$6.80 per share
Book Value
$26.43 per share

Miscellaneous

Free Float
209,235,000
Market Cap
$17.69 billion
Optionable
Optionable
Beta
1.38

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Key Executives

  • Mr. William C. StoneMr. William C. Stone (Age 69)
    Founder, Chairman of the Board & CEO
    Comp: $4.55M
  • Mr. Rahul KanwarMr. Rahul Kanwar (Age 49)
    President & COO
    Comp: $3.64M
  • Mr. Brian Norman Schell (Age 59)
    Executive VP & CFO
    Comp: $1.59M
  • Mr. Jason Douglas White (Age 54)
    Senior VP, General Counsel, Chief Legal Officer & Corporate Secretary
    Comp: $1.22M
  • Mr. Anthony Caiafa
    Chief Technology Officer
  • Ms. Justine Stone
    Head of Investor Relations
  • Mr. Ezra Baylin
    Senior Vice President & Global Head of Corporate Development
  • Ms. Darpan Bhargava
    Senior Vice President & Global Head of Human Resources
  • Ms. Christy Bremner
    Senior Vice President of SS&C Institutional & Investment Management
  • Mr. Thomas McMackin
    Senior VP & GM

SSNC Stock Analysis - Frequently Asked Questions

How have SSNC shares performed this year?

SS&C Technologies' stock was trading at $61.11 at the beginning of 2024. Since then, SSNC shares have increased by 18.0% and is now trading at $72.10.
View the best growth stocks for 2024 here
.

How were SS&C Technologies' earnings last quarter?

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) announced its earnings results on Thursday, July, 25th. The technology company reported $1.27 earnings per share for the quarter, beating analysts' consensus estimates of $1.20 by $0.07. The company's revenue for the quarter was up 6.5% compared to the same quarter last year.

What is Bill Stone's approval rating as SS&C Technologies' CEO?

416 employees have rated SS&C Technologies Chief Executive Officer Bill Stone on Glassdoor.com. Bill Stone has an approval rating of 58% among the company's employees. This puts Bill Stone in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does SS&C Technologies have any subsidiaries?

SS&C Technologies subsidiaries include Complete Financial Ops Inc., O'Shares ETFs, MineralWare, Hubwise, Blue Prism Group Plc, Capita Life & Pensions Services (Ireland) Limited, Millennium Consulting Services, and more.

Who are SS&C Technologies' major shareholders?

SS&C Technologies' top institutional investors include Pzena Investment Management LLC (5.75%), Diamond Hill Capital Management Inc. (3.15%), Burgundy Asset Management Ltd. (2.00%) and Millennium Management LLC (1.39%). Insiders that own company stock include Normand A Boulanger, Rahul Kanwar, Michael Jay Zamkow, Smita Conjeevaram, Patrick J Pedonti, William C Stone and Jonathan E Michael.
View institutional ownership trends
.

How do I buy shares of SS&C Technologies?

Shares of SSNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SS&C Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SS&C Technologies investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Alibaba Group (BABA), Salesforce (CRM), Intel (INTC), Advanced Micro Devices (AMD) and Netflix (NFLX).

This page (NASDAQ:SSNC) was last updated on 9/7/2024 by MarketBeat.com Staff

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