After finishing at $62.96 in the prior trading day, SS&C Technologies Holdings Inc (NASDAQ: SSNC) closed at $62.46, down -0.79%. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 1180294 shares were traded.
Ratios:
Our goal is to gain a better understanding of SSNC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on November 07, 2023, initiated with a Buy rating and assigned the stock a target price of $72.
On March 15, 2023, JP Morgan started tracking the stock assigning a Overweight rating and target price of $68.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 14 ’23 when BOULANGER NORMAND A sold 60,000 shares for $55.06 per share. The transaction valued at 3,303,618 led to the insider holds 280,000 shares of the business.
BOULANGER NORMAND A sold 40,000 shares of SSNC for $2,184,492 on Sep 13 ’23. The Director now owns 340,000 shares after completing the transaction at $54.61 per share. On Sep 12 ’23, another insider, BOULANGER NORMAND A, who serves as the Director of the company, sold 20,000 shares for $55.19 each. As a result, the insider received 1,103,772 and left with 380,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SSNC now has a Market Capitalization of 15.56B and an Enterprise Value of 22.05B. As of this moment, SS&C’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.15, and their Forward P/E ratio for the next fiscal year is 11.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 2.43. Its current Enterprise Value per Revenue stands at 4.01 whereas that against EBITDA is 11.00.
Stock Price History:
Over the past 52 weeks, SSNC has reached a high of $65.86, while it has fallen to a 52-week low of $46.61. The 50-Day Moving Average of the stock is 62.69, while the 200-Day Moving Average is calculated to be 58.08.
Shares Statistics:
The stock has traded on average 942.14K shares per day over the past 3-months and 1.02M shares per day over the last 10 days, according to various share statistics. A total of 246.60M shares are outstanding, with a floating share count of 214.49M. Insiders hold about 13.21% of the company’s shares, while institutions hold 86.30% stake in the company. Shares short for SSNC as of Mar 15, 2024 were 1.42M with a Short Ratio of 1.51, compared to 2.36M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.57% and a Short% of Float of 0.75%.
Dividends & Splits
In the trailing 12 months, SSNC’s forward annual dividend rate was 0.88, compared to 0.92 this year. Against a Trailing Annual Dividend Yield of 1.40%, it implies a Forward Annual Dividend Yield of 1.52%. The stock’s 5-year Average Dividend Yield is 1.05. The current Payout Ratio is 36.89% for SSNC, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 29, 2024. Stock splits for the company last occurred on Jun 27, 2016 when the company split stock in a 2:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 8 different market analysts. On average, analysts expect EPS of $1.21 for the current quarter, with a high estimate of $1.22 and a low estimate of $1.17, while EPS last year was $1.11. The consensus estimate for the next quarter is $1.21, with high estimates of $1.25 and low estimates of $1.17.
Analysts are recommending an EPS of between $5.15 and $4.98 for the fiscal current year, implying an average EPS of $5.08. EPS for the following year is $5.63, with 11 analysts recommending between $5.9 and $5.32.
Revenue Estimates
8 analysts predict $1.41B in revenue for the current quarter. It ranges from a high estimate of $1.42B to a low estimate of $1.39B. As of the current estimate, SS&C Technologies Holdings Inc’s year-ago sales were $1.35B, an estimated increase of 4.70% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $1.43B, an increase of 4.70% over than the figure of $4.70% in the same quarter last year. There is a high estimate of $1.43B for the next quarter, whereas the lowest estimate is $1.42B.
A total of 11 analysts have provided revenue estimates for SSNC’s current fiscal year. The highest revenue estimate was $5.78B, while the lowest revenue estimate was $5.7B, resulting in an average revenue estimate of $5.75B. In the same quarter a year ago, actual revenue was $5.5B, up 4.50% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $5.99B in the next fiscal year. The high estimate is $6.1B and the low estimate is $5.9B. The average revenue growth estimate for next year is up 4.20% from the average revenue estimate for this year.
