SS&C Technologies (SSNC) Projected to Post Quarterly Earnings on Thursday

SS&C Technologies (NASDAQ:SSNC - Get Free Report) is expected to be releasing its earnings data after the market closes on Thursday, April 24th. Analysts expect SS&C Technologies to post earnings of $1.40 per share and revenue of $1.50 billion for the quarter. SS&C Technologies has set its FY 2025 guidance at 5.640-5.960 EPS and its Q1 2025 guidance at 1.370-1.430 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its earnings results on Thursday, February 6th. The technology company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.09. SS&C Technologies had a return on equity of 18.30% and a net margin of 12.93%. On average, analysts expect SS&C Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

SS&C Technologies Stock Performance

NASDAQ:SSNC traded up $0.25 during mid-day trading on Friday, reaching $76.33. 1,040,814 shares of the stock were exchanged, compared to its average volume of 1,249,765. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.04. SS&C Technologies has a 1 year low of $60.01 and a 1 year high of $89.73. The company has a 50 day simple moving average of $82.60 and a 200-day simple moving average of $78.53. The stock has a market capitalization of $18.81 billion, a P/E ratio of 25.44 and a beta of 1.31.

SS&C Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.25 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.31%. SS&C Technologies's payout ratio is 33.33%.

Insiders Place Their Bets

In related news, Director Michael Jay Zamkow sold 23,000 shares of the business's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $88.39, for a total transaction of $2,032,970.00. Following the sale, the director now owns 23,200 shares of the company's stock, valued at approximately $2,050,648. The trade was a 49.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Jason Douglas White sold 71,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $88.96, for a total value of $6,316,160.00. Following the completion of the sale, the senior vice president now owns 6,412 shares in the company, valued at approximately $570,411.52. This represents a 91.72 % decrease in their position. The disclosure for this sale can be found here. 16.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

SSNC has been the topic of a number of recent research reports. StockNews.com upgraded shares of SS&C Technologies from a "buy" rating to a "strong-buy" rating in a research note on Monday, February 10th. DA Davidson dropped their price target on SS&C Technologies from $102.00 to $100.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Jefferies Financial Group raised SS&C Technologies from a "hold" rating to a "buy" rating and upped their price objective for the company from $70.00 to $94.00 in a research note on Monday, February 3rd. Raymond James lifted their target price on SS&C Technologies from $85.00 to $95.00 and gave the company a "strong-buy" rating in a research note on Friday, February 7th. Finally, Needham & Company LLC upped their price target on SS&C Technologies from $90.00 to $105.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $97.17.

About SS&C Technologies

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.