6 analysts have expressed a variety of opinions on SS&C Techs Hldgs SSNC over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 3 | 1 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $71.33, a high estimate of $78.00, and a low estimate of $60.00. Marking an increase of 6.46%, the current average surpasses the previous average price target of $67.00.
Decoding Analyst Ratings: A Detailed Look
The analysis of recent analyst actions sheds light on the perception of SS&C Techs Hldgs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Peter Heckmann | DA Davidson | Maintains | Buy | $78.00 | $78.00 |
| Andrew Schmitt | Citigroup | Raises | Buy | $71.00 | $70.00 |
| Kevin Mcveigh | UBS | Raises | Buy | $77.00 | $72.00 |
| Daniel Perlin | RBC Capital | Raises | Outperform | $72.00 | $65.00 |
| Michael Young | Truist Securities | Raises | Hold | $60.00 | $55.00 |
| Mayank Tandon | Needham | Raises | Buy | $70.00 | $62.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to SS&C Techs Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SS&C Techs Hldgs compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of SS&C Techs Hldgs's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of SS&C Techs Hldgs's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on SS&C Techs Hldgs analyst ratings.
All You Need to Know About SS&C Techs Hldgs
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its 2018 purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&C completed the acquisition of Blue Prism.
Unraveling the Financial Story of SS&C Techs Hldgs
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Positive Revenue Trend: Examining SS&C Techs Hldgs's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.48% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: SS&C Techs Hldgs's net margin is impressive, surpassing industry averages. With a net margin of 13.77%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.11%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): SS&C Techs Hldgs's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.13%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: SS&C Techs Hldgs's debt-to-equity ratio is below the industry average at 1.09, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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