SS&C Technologies Holdings Rating Reiterated by Raymond James (SSNC)
SS&C Technologies Holdings (NASDAQ:SSNC)‘s stock had its “outperform” rating restated by equities researchers at Raymond James in a research report issued on Friday. They currently have a $48.50 price objective on the stock, up from their previous price objective of $42.50. Raymond James’ price target indicates a potential upside of 8.11% from the stock’s previous close.
Shares of SS&C Technologies Holdings (NASDAQ:SSNC) traded down 0.51% on Friday, hitting $44.63. 162,996 shares of the company’s stock traded hands. SS&C Technologies Holdings has a one year low of $31.32 and a one year high of $46.61. The stock’s 50-day moving average is $41.62 and its 200-day moving average is $41.10. The company has a market cap of $3.700 billion and a P/E ratio of 31.66.
SS&C Technologies Holdings (NASDAQ:SSNC) last released its earnings data on Thursday, May 1st. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.03. The company had revenue of $185.80 million for the quarter, compared to the consensus estimate of $185.03 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts predict that SS&C Technologies Holdings will post $2.31 earnings per share for the current fiscal year.
SS&C Technologies Holdings, Inc (NASDAQ:SSNC) is a holding company.
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