SS&C Technologies (NASDAQ:SSNC – Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.39 per share and revenue of $1.52 billion for the quarter. SS&C Technologies has set its FY 2025 guidance at 5.680-6.000 EPS and its Q2 2025 guidance at 1.350-1.410 EPS.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last released its earnings results on Thursday, April 24th. The technology company reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.03. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. SS&C Technologies had a return on equity of 18.68% and a net margin of 13.69%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.28 EPS. On average, analysts expect SS&C Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
SS&C Technologies Stock Performance
Shares of SSNC stock opened at $81.85 on Wednesday. The firm has a market cap of $20.19 billion, a price-to-earnings ratio of 25.42 and a beta of 1.23. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.11 and a current ratio of 1.11. SS&C Technologies has a 52 week low of $66.46 and a 52 week high of $89.73. The firm’s 50-day simple moving average is $80.75 and its two-hundred day simple moving average is $80.63.
SS&C Technologies Announces Dividend
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. Raymond James Financial lowered their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “strong-buy” rating on the stock in a report on Friday, April 25th. Needham & Company LLC lowered their target price on SS&C Technologies from $105.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, April 25th. DA Davidson boosted their price objective on SS&C Technologies from $94.00 to $98.00 and gave the company a “buy” rating in a research note on Monday. Wall Street Zen upgraded SS&C Technologies from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 16th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $86.00 price target (down previously from $90.00) on shares of SS&C Technologies in a research report on Friday, April 25th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $92.43.
Read Our Latest Research Report on SSNC
Insiders Place Their Bets
In related news, Director Jonathan E. Michael acquired 2,700 shares of the firm’s stock in a transaction that occurred on Thursday, May 1st. The shares were bought at an average cost of $75.53 per share, for a total transaction of $203,931.00. Following the purchase, the director owned 72,776 shares in the company, valued at $5,496,771.28. This trade represents a 3.85% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Jay Zamkow sold 12,500 shares of the business’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $79.92, for a total value of $999,000.00. Following the sale, the director owned 12,476 shares in the company, valued at approximately $997,081.92. The trade was a 50.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 16.40% of the company’s stock.
Institutional Investors Weigh In On SS&C Technologies
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Millennium Management LLC lifted its stake in SS&C Technologies by 349.1% in the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after purchasing an additional 137,301 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of SS&C Technologies by 6,069.0% in the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after purchasing an additional 2,549 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of SS&C Technologies by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after purchasing an additional 97,247 shares during the period. Finally, Focus Partners Wealth increased its holdings in shares of SS&C Technologies by 35.1% in the first quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock worth $782,000 after purchasing an additional 2,431 shares during the period. 96.95% of the stock is currently owned by institutional investors.
About SS&C Technologies
SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.
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