SS&C Technologies (SSNC) Set to Announce Earnings on Thursday

SS&C Technologies (NASDAQ:SSNC) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $1.11 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Tuesday, February 13th. The technology company reported $1.13 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.13. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.39 billion. SS&C Technologies had a return on equity of 16.74% and a net margin of 11.03%. On average, analysts expect SS&C Technologies to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

SS&C Technologies Trading Up 0.7 %

NASDAQ SSNC opened at $61.23 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $15.14 billion, a P/E ratio of 25.73 and a beta of 1.43. The business has a fifty day simple moving average of $62.89 and a 200 day simple moving average of $58.99. SS&C Technologies has a 12 month low of $46.61 and a 12 month high of $65.86.

SS&C Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a $0.24 dividend. The ex-dividend date was Thursday, February 29th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.57%. SS&C Technologies’s payout ratio is presently 40.34%.

Analyst Upgrades and Downgrades

SSNC has been the subject of a number of recent analyst reports. TheStreet upgraded SS&C Technologies from a “c+” rating to a “b” rating in a research note on Friday, February 23rd. Royal Bank of Canada boosted their target price on shares of SS&C Technologies from $65.00 to $72.00 and gave the company an “outperform” rating in a research note on Wednesday, February 14th. StockNews.com upgraded shares of SS&C Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 29th. DA Davidson reissued a “buy” rating and set a $78.00 price objective on shares of SS&C Technologies in a report on Tuesday, April 16th. Finally, Citigroup upped their price target on SS&C Technologies from $70.00 to $71.00 and gave the company a “buy” rating in a research report on Thursday, February 15th. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $70.78.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc, together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions comprising portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions consisting of claims adjudication, benefit management, care management, and business intelligence solutions.