SS&C Technologies (NASDAQ:SSNC) shares traded 1.81% up during most recent session to reach at the closing price of $52.94. The stock exchanged hands 1.68 Million shares versus average trading capacity of 2.01 Million shares, yielding a market cap of $13.04 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $63.08 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have SS&C Technologies (NASDAQ:SSNC) high price target of $74 and with a conservative view have low price target of $56.
Buckingham “Initiates Coverage On” SS&C Technologies (NASDAQ:SSNC) in a research note issued to investors on 1/25/19 to Buy with price target of $65.
Additionally on 1/08/19 UBS “Maintained” SS&C Technologies (NASDAQ:SSNC) to Buy setting price target at $60 and on 1/02/19 Raymond James “Maintained” the stock to Strong Buy at $67. Furthermore on 11/20/18 Raymond James “Maintained” the stock to Strong Buy at $68.
On the other hand the company has Relative Strength Index (RSI 14) of 73.21 along with Average True Range (ATR 14) of 1.02, Consequently SS&C Technologies (NASDAQ:SSNC)’s weekly and monthly volatility is 1.55%, 1.90% respectively. The company’s beta value is at 1.17.
In terms of Buy, Sell or Hold recommendations, SS&C Technologies (NASDAQ:SSNC) has analysts’ mean recommendation of 1.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts SS&C Technologies (NASDAQ:SSNC)’s minimum EPS for the current quarter is at $0.83 and can go high up to $0.88. The consensus mean EPS for the current quarter is at $0.85 derived from a total of 15 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.54 earnings per share for the same quarter during last year.
Previously SS&C Technologies (NASDAQ:SSNC) reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.05. The company posted an earnings surprise of 6.8%.
SS&C Technologies (NASDAQ:SSNC)’s revenue estimates for the current quarter are $1.11 Billion according to 13 number of analysts, for the current quarter the company has high revenue estimates of $1.13 Billion in contradiction of low revenue estimates of $1.08 Billion. For the current year the company’s revenue estimates are $3.45 Billion compared to low analyst estimates of $3.39 Billion and high estimates of $3.48 Billion according to 14 number of analysts.
Currently SS&C Technologies (NASDAQ:SSNC)’s shares owned by insiders are 12.85%, whereas shares owned by institutional owners are 83.7%. However the six-month change in the insider ownership was recorded 0.11%, as well as three-month change in the institutional ownership was recorded 1.76%.
SS&C Technologies (NASDAQ:SSNC)’s trailing twelve month revenues are $2.75 Billion, whereas its price to sales ratio for the same period is 4.75. Its book value per share for the most recent quarter is $17.6 while its price to book ratio for the same period is 3.01, as for as the company’s cash per share for the most recent quarter is $2.97, however its price to cash per share ratio for the same period is 17.81. The stock has 5 year expected PEG ratio of 3.73 whereas its trailing twelve month P/E ratio is 97.5.