SS&C Technologies Holdings, Inc. (SSNC) Announces Earnings Results

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) released its quarterly earnings data on Wednesday. The company reported $0.46 EPS for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.02. The company earned $400.90 million during the quarter, compared to the consensus estimate of $399.21 million. SS&C Technologies Holdings had a net margin of 6.23% and a return on equity of 12.92%.

Shares of SS&C Technologies Holdings (NASDAQ:SSNC) opened at 35.35 on Friday. The stock has a 50 day moving average of $31.54 and a 200-day moving average of $31.55. SS&C Technologies Holdings has a one year low of $26.15 and a one year high of $37.48. The firm has a market capitalization of $7.17 billion, a price-to-earnings ratio of 83.37 and a beta of 1.09.

Earnings History for SS&C Technologies Holdings (NASDAQ:SSNC)

SSNC has been the subject of several analyst reports. Zacks Investment Research raised shares of SS&C Technologies Holdings from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a research note on Thursday, December 29th. Jefferies Group LLC reissued a “buy” rating and issued a $39.00 price target on shares of SS&C Technologies Holdings in a research note on Wednesday, January 18th. Macquarie raised shares of SS&C Technologies Holdings from a “neutral” rating to an “outperform” rating and set a $38.00 price target for the company in a research note on Thursday. Finally, Needham & Company LLC reissued a “buy” rating and issued a $39.00 price target on shares of SS&C Technologies Holdings in a research note on Thursday. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. SS&C Technologies Holdings has a consensus rating of “Buy” and a consensus price target of $41.57.

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SS&C Technologies Holdings Company Profile

SS&C Technologies Holdings, Inc (SS&C Holdings) is a holding company. The Company is a provider of software products and software-enabled services that allow financial services providers to automate complex business processes and manage their information processing requirements. The Company’s portfolio of software products and software-enabled services allows its clients to automate and integrate front-office functions, such as trading and modeling, middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing.

5 Day Chart for NASDAQ:SSNC

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