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

Company Overview

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.

Key Stats

• Today's Range: $72.75 to $74.31
• 50-Day Range: $69.93 to $76.68
• 52-Week Range: $54.44 to $77.02
• Volume: 1.56 million shs
• Average Volume: 1.66 million shs
• Market Capitalization: $18.18 billion
• P/E Ratio: 26.31
• Dividend Yield: 1.36%
• Price Target: $77.75
• Consensus Rating: Moderate Buy

SS&C Technologies Stock Analysis - MarketRank™

SS&C Technologies scored higher than 91% of companies evaluated by MarketBeat, and ranked 105th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

SS&C Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

SS&C Technologies has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.07%

Earnings Growth

Earnings for SS&C Technologies are expected to grow by 14.07% in the coming year, from $4.62 to $5.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SS&C Technologies is 26.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.03.

Price to Earnings Ratio vs. Sector

The P/E ratio of SS&C Technologies is 26.31, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.13.

Price to Book Value per Share Ratio

SS&C Technologies has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.08% of the float of SS&C Technologies has been sold short.

Short Interest Ratio / Days to Cover

SS&C Technologies has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SS&C Technologies has recently increased by 29.05%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

SS&C Technologies pays a meaningful dividend of 1.34%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

SS&C Technologies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of SS&C Technologies is 35.84%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, SS&C Technologies will have a dividend payout ratio of 18.98% next year. This indicates that SS&C Technologies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.31

Percentage of Shares Shorted

1.08% of the float of SS&C Technologies has been sold short.

Short Interest Ratio / Days to Cover

SS&C Technologies has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SS&C Technologies has recently increased by 29.05%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.96

News Sentiment

SS&C Technologies has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for SS&C Technologies this week, compared to 7 articles on an average week.

Search Interest

5 people have searched for SSNC on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

7 people have added SS&C Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, SS&C Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $41,386,285.00 in company stock.

Percentage Held by Insiders

15.40% of the stock of SS&C Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

96.95% of the stock of SS&C Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SSNC Stock Analysis - Frequently Asked Questions

How have SSNC shares performed this year?

SS&C Technologies' stock was trading at $61.11 at the start of the year. Since then, SSNC stock has increased by 20.1% and is now trading at $73.40.
View the best growth stocks for 2024 here.

How were SS&C Technologies' earnings last quarter?

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) issued its quarterly earnings results on Thursday, October, 24th. The technology company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.03. SS&C Technologies's revenue was up 7.3% on a year-over-year basis.

Is SS&C Technologies buying back stock?

SS&C Technologies' board initiated a stock buyback program on Thursday, July 25th 2024, which allows the company to repurchase $1,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 5.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

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 others.

Who are SS&C Technologies' major shareholders?

Top institutional shareholders of SS&C Technologies include Janus Henderson Group PLC (6.48%), Pzena Investment Management LLC (5.11%), Diamond Hill Capital Management Inc. (3.07%) and State Street Corp (2.27%). Insiders that own company stock include Normand A Boulanger, Rahul Kanwar, Michael Jay Zamkow, Smita Conjeevaram, Patrick J Pedonti 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 Bristol-Myers Squibb (BMY), Chevron (CVX), McKesson (MCK), Charles Schwab (SCHW), Comcast (CMCSA), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

• Ex-Dividend for 9/16 Dividend: 9/03/2024
• Dividend Payable: 9/16/2024
• Last Earnings: 10/24/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:SSNC
• CUSIP: 78467J10
• CIK: 1402436
• Web: www.ssctech.com
• Phone: (860) 298-4500
• Fax: 860-298-4987
• Employees: 26,000
• Year Founded: 1986

Price Target and Rating

• Average Stock Price Target: $77.75
• High Stock Price Target: $92.00
• Low Stock Price Target: $60.00
• Potential Upside/Downside: +5.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.79
• Trailing P/E Ratio: 26.31
• Forward P/E Ratio: 15.89
• P/E Growth: N/A
• Net Income: $607.10 million
• Net Margins: 12.26%
• Pretax Margin: 16.14%
• Return on Equity: 17.33%
• Return on Assets: 6.43%

Debt

• Debt-to-Equity Ratio: 1.04
• Current Ratio: 1.21
• Quick Ratio: 1.21

Sales & Book Value

• Annual Sales: $5.50 billion
• Price / Sales: 3.30
• Cash Flow: $6.99 per share
• Price / Cash Flow: 10.50
• Book Value: $27.81 per share
• Price / Book: 2.64

Miscellaneous

• Outstanding Shares: 247,680,000
• Free Float: 209,542,000
• Market Cap: $18.18 billion
• Optionable: Optionable
• Beta: 1.39