The SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) is going down by -1.06% in today’s trading session, a fall equivalent to -0.49% of the stock’s price from yesterday’s market close. A news came out on 08/21/19 stating that Hockey Legend Patrick Sharp to Participate in a Fireside Chat at SS&C Deliver by WSJ. The lowest point that the shares touched during the trading session was $45.01, while the peak of the day was recorded at a share price of $46.47. SSNC finished the previous session at $46.12 according to the data provided by Barchart, while the trading volume was observed to be $755,090.
In the 100 days of trading, SSNC managed to top a 57.23% Moving average. Additionally, SS&C Technologies Holdings, Inc. shares have achieved a 52-week range between 40.96 and 67.73 alongside 100 days raw stochastic set at 12.45%.
The number of shares outstanding, according to the fundamentals of the company, is set at 248.90M, equal to the value of $11.48B in market capitalization. Financial analysts indicate that SSNC shares should be still ranked as a “Outperform”. In the last 30 days, SS&C Technologies Holdings, Inc. shares went down by -25.05%, adding 60.91 to growth in value, on top of a +7.39% boost since 07/22/19.
SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Analyst’s Estimates
SS&C Technologies Holdings, Inc. (SSNC) could record at least $0.89 per share in quarterly earnings in the upcoming report on 10/31/2019, a number that would actually represent an increase of 8.79% YOY.
According to the average analyst rating, SS&C Technologies Holdings, Inc. would be rated as 1.69. Out of 13 different analysts monitoring SSNC stock, 6 analysts rate the stock as a BUY, 2 suggest to give the rating of HOLD, 5 indicate that SSNC is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On Jul-30-19, the stock earned a Downgrade rating due to a new analyst call from DA Davidson, while analysts from Needham believe that the stock is set at Strong Buy, as concluded on May-01-19. Jefferies, is still rather wary about the stock, deciding to keep the rating at Hold as confirmed through a call on May-01-19.
Regardless of the rating, Needham did increase their price from $70 to $75 as they are considering target share price analysis. Needham, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Dec-07-18, giving the stock a Strong Buy from the Buy rating.
SSNC Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +40.95% has been attained, while the operating margin has been recorded at +17.23%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 0.95%. Beta value of the stock is recorded at 1.27. Additionally, SS&C Technologies Holdings, Inc. is recording price volatility of 2.60% for the period of the last seven days and 3.36% in the last 30 days.
SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Technical Outlook
For the period of the last 50 days, SS&C Technologies Holdings, Inc. had its Raw Stochastic average set at 17.07% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 17.07%. Stochastic %K for SS&C Technologies Holdings, Inc., with the last 20 days included, was set at 17.79%, having Stochastic %D topping 16.85%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for SS&C Technologies Holdings, Inc. stocks with recording -17.86% in metrics.
SS&C Technologies Holdings, Inc. Insider Watch:
As far as the position of shares issued by SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) for the period concluded at the market close of 08/21/19, 264 institutional investors increased their positions in SSNC shares by 18,882,937, 194 decreased positions by 18,161,396 and 50 institutional investors decided to hold positions at 174,164,955. These numbers put the complete list of institutional holdings set at 211,209,288 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 78 institutional investments with 4,658,920 new shares in addition to having 51 institutional investors selling their positions in 3,524,662 shares.