Press coverage about SS&C Technologies (NASDAQ:SSNC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. SS&C Technologies earned a news impact score of 0.24 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.6320279961264 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Brokerages Expect SS&C Technologies Holdings, Inc. (SSNC) to Post $0.65 EPS (americanbankingnews.com)
- SS&C GlobeOp Hedge Fund Performance Index: July performance 0.97%; Capital Movement Index: August net flows advance 0.24% (finance.yahoo.com)
- Velocity Commercial Capital Chooses SS&C for its Finance Transformation (finance.yahoo.com)
- SS&C Technologies Holdings, Inc. — Moody’s says SS&C’s acquisition of Eze Software is credit negative but ratings not affected (finance.yahoo.com)
SSNC opened at $55.42 on Wednesday. The firm has a market cap of $13.21 billion, a PE ratio of 30.96, a P/E/G ratio of 1.81 and a beta of 1.14. SS&C Technologies has a 52-week low of $36.77 and a 52-week high of $60.97. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 1.63.
A number of brokerages have commented on SSNC. Zacks Investment Research raised SS&C Technologies from a “sell” rating to a “buy” rating and set a $62.00 price objective on the stock in a report on Thursday, August 9th. BidaskClub lowered SS&C Technologies from a “buy” rating to a “hold” rating in a report on Thursday, August 9th. ValuEngine lowered SS&C Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, August 8th. Sandler O’Neill reissued a “buy” rating and set a $64.00 target price on shares of SS&C Technologies in a report on Friday, August 3rd. Finally, JPMorgan Chase & Co. began coverage on SS&C Technologies in a report on Tuesday, May 1st. They set an “overweight” rating and a $60.00 target price on the stock. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $60.91.
SS&C Technologies Company Profile
SS&C Technologies Holdings, Inc provides software products and software-enabled services to financial services providers. Its products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions, including portfolio management and reporting; and back-office functions comprising accounting, performance measurement, reconciliation, reporting, processing, and clearing.
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