SS&C Technologies (NASDAQ:SSNC – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.370-1.430 for the period, compared to the consensus estimate of 1.390. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion. SS&C Technologies also updated its FY 2025 guidance to 5.640-5.960 EPS.
Analyst Ratings Changes
Several research analysts recently commented on the stock. Jefferies Financial Group upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating and lifted their target price for the stock from $70.00 to $94.00 in a report on Monday. DA Davidson restated a “buy” rating and set a $92.00 price objective on shares of SS&C Technologies in a report on Thursday, October 10th. StockNews.com downgraded shares of SS&C Technologies from a “strong-buy” rating to a “buy” rating in a report on Friday, November 15th. Needham & Company LLC restated a “buy” rating and set a $90.00 price objective on shares of SS&C Technologies in a report on Friday, October 25th. Finally, UBS Group boosted their price objective on shares of SS&C Technologies from $92.00 to $93.00 and gave the stock a “buy” rating in a report on Monday. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $83.88.
Check Out Our Latest Report on SS&C Technologies
SS&C Technologies Price Performance
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The technology company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.09. SS&C Technologies had a net margin of 12.26% and a return on equity of 17.33%. Research analysts forecast that SS&C Technologies will post 4.62 EPS for the current year.
SS&C Technologies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend was Monday, December 2nd. SS&C Technologies’s payout ratio is presently 35.84%.
Insider Buying and Selling at SS&C Technologies
In other news, CEO William C. Stone sold 247,300 shares of the stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $76.61, for a total transaction of $18,945,653.00. Following the completion of the sale, the chief executive officer now owns 31,837,926 shares of the company’s stock, valued at $2,439,103,510.86. This represents a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jason Douglas White sold 69,000 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $77.07, for a total transaction of $5,317,830.00. Following the transaction, the senior vice president now owns 6,412 shares of the company’s stock, valued at $494,172.84. The trade was a 91.50 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 449,000 shares of company stock valued at $34,461,478. Corporate insiders own 15.40% of the company’s stock.
SS&C Technologies Company Profile
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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