SS&C Technologies (NASDAQ:SSNC – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.640-5.960 for the period, compared to the consensus estimate of 5.160. The company issued revenue guidance of $6.1 billion-$6.2 billion, compared to the consensus revenue estimate of $5.8 billion. SS&C Technologies also updated its Q1 2025 guidance to 1.370-1.430 EPS.
Analysts Set New Price Targets
A number of research firms have recently weighed in on SSNC. StockNews.com cut SS&C Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 15th. Raymond James boosted their price objective on SS&C Technologies from $79.00 to $85.00 and gave the company a “strong-buy” rating in a report on Friday, October 25th. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a report on Friday, October 25th. UBS Group boosted their price objective on SS&C Technologies from $92.00 to $93.00 and gave the company a “buy” rating in a report on Monday. Finally, Jefferies Financial Group raised SS&C Technologies from a “hold” rating to a “buy” rating and boosted their price objective for the company from $70.00 to $94.00 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 given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $83.88.
Get Our Latest Analysis on SS&C Technologies
SS&C Technologies Trading Down 0.0 %
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The technology company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.09. SS&C Technologies had a return on equity of 17.33% and a net margin of 12.26%. On average, equities analysts predict that SS&C Technologies will post 4.62 EPS for the current year.
SS&C Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a $0.25 dividend. The ex-dividend date was Monday, December 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.22%. SS&C Technologies’s payout ratio is currently 35.84%.
Insider Activity
In related news, CEO William C. Stone sold 247,300 shares of SS&C Technologies stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $76.61, for a total transaction of $18,945,653.00. Following the completion of the transaction, the chief executive officer now directly owns 31,837,926 shares in the company, valued at $2,439,103,510.86. The trade was a 0.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jason Douglas White sold 69,000 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $77.07, for a total value 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. This represents a 91.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 449,000 shares of company stock worth $34,461,478. Company insiders own 15.40% of the company’s stock.
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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