SS&C Technologies Holdings Inc. Hits New 52-Week High at $39.99 (SSNC)
Shares of SS&C Technologies Holdings (NASDAQ:SSNC) hit a new 52-week high during trading hours on Tuesday, American Banking and Market News reports. The company traded as high as $39.99 and last traded at $39.48, with a volume of 80,765 shares trading hands. The stock had previously closed at $39.50.
SSNC has been the subject of a number of recent research reports. Analysts at Avondale Partners initiated coverage on shares of SS&C Technologies Holdings in a research note to investors on Thursday, September 12th. They set an “outperform” rating on the stock. Separately, analysts at Raymond James raised their price target on shares of SS&C Technologies Holdings from $37.00 to $40.00 in a research note to investors on Monday, August 5th. They now have an “outperform” rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of SS&C Technologies Holdings from $30.00 to $35.00 in a research note to investors on Monday, August 5th. Three equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average price target of $38.50.
SS&C Technologies Holdings has a 52-week low of $21.00 and a 52-week high of $38.80. The stock’s 50-day moving average is $35.91 and its 200-day moving average is $32.35. The company has a market cap of $3.226 billion and a P/E ratio of 41.15.
SS&C Technologies Holdings (NASDAQ:SSNC) last announced its earnings results on Thursday, August 1st. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The company had revenue of $177.50 million for the quarter, compared to the consensus estimate of $177.15 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 46.8% on a year-over-year basis. Analysts expect that SS&C Technologies Holdings will post $1.95 EPS for the current fiscal year.
SS&C Technologies Holdings, Inc (NASDAQ:SSNC) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.