Analysts forecast that SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) will announce earnings of $0.46 per share for the current quarter, Zacks reports. Five analysts have issued estimates for SS&C Technologies Holdings’ earnings, with the lowest EPS estimate coming in at $0.46 and the highest estimate coming in at $0.47. SS&C Technologies Holdings reported earnings per share of $0.38 during the same quarter last year, which would suggest a positive year over year growth rate of 21.1%. The business is scheduled to report its next quarterly earnings results on Thursday, October 26th.

According to Zacks, analysts expect that SS&C Technologies Holdings will report full year earnings of $1.79 per share for the current fiscal year, with EPS estimates ranging from $1.77 to $1.81. For the next fiscal year, analysts forecast that the business will post earnings of $2.03 per share, with EPS estimates ranging from $1.95 to $2.11. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for SS&C Technologies Holdings.

SS&C Technologies Holdings (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, July 27th. The technology company reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. SS&C Technologies Holdings had a return on equity of 8.64% and a net margin of 12.45%. The business had revenue of $414.10 million during the quarter, compared to the consensus estimate of $413.33 million. During the same quarter last year, the firm posted $0.39 EPS. The company’s quarterly revenue was up 7.7% on a year-over-year basis.

SSNC has been the topic of a number of recent research reports. Deutsche Bank AG reissued a “hold” rating and set a $39.00 price objective (up previously from $35.00) on shares of SS&C Technologies Holdings in a report on Friday, July 14th. Needham & Company LLC reissued a “buy” rating and set a $44.00 price objective (up previously from $42.00) on shares of SS&C Technologies Holdings in a report on Sunday, July 30th. Zacks Investment Research raised SS&C Technologies Holdings from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a report on Wednesday, August 2nd. Royal Bank Of Canada reissued a “buy” rating and set a $41.00 price objective on shares of SS&C Technologies Holdings in a report on Thursday, July 6th. Finally, BidaskClub cut SS&C Technologies Holdings from a “strong-buy” rating to a “buy” rating in a report on Friday. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. SS&C Technologies Holdings currently has a consensus rating of “Buy” and a consensus target price of $41.25.

A number of institutional investors have recently made changes to their positions in the company. Independent Portfolio Consultants Inc. raised its position in shares of SS&C Technologies Holdings by 11.4% in the second quarter. Independent Portfolio Consultants Inc. now owns 2,712 shares of the technology company’s stock valued at $104,000 after buying an additional 277 shares during the period. First Mercantile Trust Co. raised its position in shares of SS&C Technologies Holdings by 197.4% in the first quarter. First Mercantile Trust Co. now owns 3,051 shares of the technology company’s stock valued at $108,000 after buying an additional 2,025 shares during the period. SG Americas Securities LLC purchased a new position in shares of SS&C Technologies Holdings during the first quarter valued at approximately $119,000. Global X Management Co. LLC raised its position in shares of SS&C Technologies Holdings by 24.6% in the first quarter. Global X Management Co. LLC now owns 3,404 shares of the technology company’s stock valued at $121,000 after buying an additional 672 shares during the period. Finally, Crow Point Partners LLC purchased a new position in shares of SS&C Technologies Holdings during the second quarter valued at approximately $143,000. Institutional investors and hedge funds own 88.47% of the company’s stock.

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Shares of SS&C Technologies Holdings (NASDAQ SSNC) traded down 0.47% during midday trading on Tuesday, reaching $38.19. The company’s stock had a trading volume of 384,263 shares. The stock has a market cap of $7.81 billion, a PE ratio of 40.71 and a beta of 1.12. The firm has a 50-day moving average of $38.92 and a 200-day moving average of $36.38. SS&C Technologies Holdings has a one year low of $28.43 and a one year high of $40.21.

About SS&C Technologies Holdings

SS&C Technologies Holdings, Inc 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.

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

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