As of close of business last night, SS&C Technologies Holdings Inc.’s stock clocked out at $58.55, up 4.05% from its previous closing price of $56.27. In other words, the price has increased by $+2.28 from its previous closing price. On the day, 1830904 shares were traded. SSNC stock price reached its highest trading level at $58.82 during the session, while it also had its lowest trading level at $56.61.
To gain a deeper understanding of SSNC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.25.
Upgrades & Downgrades
On January 07, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $105.
JP Morgan Upgraded its Neutral to Overweight on December 14, 2021, whereas the target price for the stock was revised from $86 to $95.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 12 when Kanwar Rahul sold 73,232 shares for $62.50 per share. The transaction valued at 4,577,146 led to the insider holds 50,000 shares of the business.
Kanwar Rahul sold 46,700 shares of SSNC for $2,944,902 on Aug 11. The President & COO now owns 50,000 shares after completing the transaction at $63.06 per share. On Aug 10, another insider, Kanwar Rahul, who serves as the President & COO of the company, sold 80,068 shares for $62.56 each. As a result, the insider received 5,008,934 and left with 50,000 shares of the company.
As of this moment, SS&C’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.40, and their Forward P/E ratio for the next fiscal year is 11.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78 while its Price-to-Book (P/B) ratio in mrq is 2.60.
Stock Price History:
Over the past 52 weeks, SSNC has reached a high of $82.46, while it has fallen to a 52-week low of $45.25. The 50-Day Moving Average of the stock is 52.69, while the 200-Day Moving Average is calculated to be 57.04.
It appears that SSNC traded 1.57M shares on average per day over the past three months and 1.8M shares per day over the past ten days. A total of 253.90M shares are outstanding, with a floating share count of 219.75M. Insiders hold about 0.10% of the company’s shares, while institutions hold 86.00% stake in the company. Shares short for SSNC as of Oct 13, 2022 were 2.23M with a Short Ratio of 3.24M, compared to 1.83M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.88% and a Short% of Float of 1.00%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.56, SSNC has a forward annual dividend rate of 0.80. Against a Trailing Annual Dividend Yield of 1.00%, it implies a Forward Annual Dividend Yield of 1.62%. The stock’s 5-year Average Dividend Yield is 0.78. The current Payout Ratio is 29.40% for SSNC, which recently paid a dividend on Dec 14, 2022 with an ex-dividend date of Aug 30, 2022. Stock splits for the company last occurred on Jun 26, 2016 when the company split stock in a 2:1 ratio.
As of right now, 10 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.26 for the current quarter, with a high estimate of $1.34 and a low estimate of $1.14, while EPS last year was $1.28. The consensus estimate for the next quarter is $1.24, with high estimates of $1.3 and low estimates of $1.17.
Analysts are recommending an EPS of between $4.94 and $4.63 for the fiscal current year, implying an average EPS of $4.8. EPS for the following year is $5.29, with 13 analysts recommending between $5.84 and $5.
In the current quarter, 8 analysts expect revenue to total $1.37B. It ranges from a high estimate of $1.4B to a low estimate of $1.33B. As of the current estimate, SS&C Technologies Holdings Inc.’s year-ago sales were $1.3B, an estimated increase of 6.10% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $1.37B, an increase of 6.40% over than the figure of $6.10% in the same quarter last year. There is a high estimate of $1.4B for the next quarter, whereas the lowest estimate is $1.32B.
A total of 14 analysts have provided revenue estimates for SSNC’s current fiscal year. The highest revenue estimate was $5.48B, while the lowest revenue estimate was $5.27B, resulting in an average revenue estimate of $5.36B. In the same quarter a year ago, actual revenue was $5.06B, up 6.00% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $5.61B in the next fiscal year. The high estimate is $5.77B and the low estimate is $5.51B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.