El interés en corto de SS&C Techs Hldgs da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de SS&C Techs Hldgs. Los datos de interés en corto se actualizan cada dos semanas.

SS&C Techs Hldgs (NASDAQ:SSNC) Bolsa, Informe de interés en corto

SS&C Techs Hldgs

SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its 2018 purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&C completed the acquisition of Blue Prism.

SS&C Technologies Hldgs

SS&C Technologies Holdings, Inc. - Common Stock

SS&C Technologies Holdings Inc

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) has outperformed the market over the past 10 years by 1.26% on an annualized basis producing an average annual return of 13.18%. Currently, SS&amp;C Techs Hldgs has a market capitalization of $18.12 billion. 
Buying $100 In SSNC: If an investor had bought $100 of SSNC stock 10 years ago, it would be worth $339.01 today based on a price of $73.82 for SSNC at the time of writing.
<h3>SS&amp;C Techs Hldgs's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728588675_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

SSNC

Here's How Much $100 Invested In SS&C Techs Hldgs 10 Years Ago Would Be Worth Today

DA Davidson analyst Peter Heckmann maintains SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) with a Buy and maintains $92 price target.

Price Target

Analyst Ratings

DA Davidson Maintains Buy on SS&C Techs Hldgs, Maintains $92 Price Target

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) has outperformed the market over the past 10 years by 1.83% on an annualized basis producing an average annual return of 13.22%. Currently, SS&amp;C Techs Hldgs has a market capitalization of $18.12 billion. 
Buying $1000 In SSNC: If an investor had bought $1000 of SSNC stock 10 years ago, it would be worth $3,390.75 today based on a price of $73.85 for SSNC at the time of writing.
<h3>SS&amp;C Techs Hldgs's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727364611_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In SS&C Techs Hldgs 10 Years Ago Would Be Worth Today

DA Davidson analyst Peter Heckmann maintains SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) with a Buy and raises the price target from $88 to $92.

DA Davidson Maintains Buy on SS&C Techs Hldgs, Raises Price Target to $92

RBC Capital analyst Daniel Perlin maintains SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) with a Outperform and raises the price target from $75 to $86.

RBC Capital Maintains Outperform on SS&C Techs Hldgs, Raises Price Target to $86

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Needham raised the price target for SS&amp;C Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) from $81 to $90. Needham analyst Mayank Tandon maintained a Buy rating. SS&amp;C Technologies shares fell 0.2% to close at $75.36 on Wednesday. <a href="https://www.benzinga.com/quote/ssnc/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut the price target for Elanco Animal Health Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELAN#NYSE">ELAN</a>) from $17 to $15. Morgan Stanley analyst Erin Wright downgraded the stock from Overweight to Equal-Weight. Elanco Animal Health shares gained 2.5% to close at $14.65 on Wednesday. <a href="https://www.benzinga.com/quote/elan/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho slashed Athira Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATHA#NASDAQ">ATHA</a>) price target from $5 to $0.5. Mizuho analyst Graig Suvannavejh downgraded the stock from Outperform to Neutral. Athira Pharma shares fell 4.7% to close at $0.4630 on Wednesday. <a href="https://www.benzinga.com/quote/atha/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein cut NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) price target from $112 to $109. Bernstein analyst Aneesha Sherman maintained an Outperform rating. NIKE shares gained 0.3% to close at $80.90 on Wednesday. S<a href="https://www.benzinga.com/quote/NKE/analyst-ratings">ee how other analysts view this stock.</a></li>
<li>Loop Capital boosted the price target for Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) from $204 to $260. Loop Capital analyst Mark Schappel maintained a Buy rating. Aspen Technology rose 1.1% to close at $236.00 on Wednesday. <a href="https://www.benzinga.com/quote/AZPN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho increased Carnival Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) price target from $22 to $25. Mizuho analyst Ben Chaiken maintained an Outperform rating. Carnival shares rose 1.8% to close at $18.36 on Wednesday. <a href="https://www.benzinga.com/quote/CCL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Pivotal Research raised Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) price target from $460 to $510. Pivotal Research analyst Jeffrey Wlodarczak maintained a Buy rating. Spotify shares gained 0.5% to close at $343.97 on Wednesday. <a href="https://www.benzinga.com/quote/SPOT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler increased the price target for General Mills, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) from $74 to $84. Piper Sandler analyst Michael Lavery maintained an Overweight rating. General Mills shares rose 0.7% to close at $75.01 on Wednesday. <a href="https://www.benzinga.com/quote/GIS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler raised Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) price target from $23 to $27. Piper Sandler analyst Patrick Moley maintained an Overweight rating. Robinhood shares rose 1.4% to close at $22.95 on Wednesday. <a href="https://www.benzinga.com/quote/HOOD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Oppenheimer raised T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) price target from $200 to $215. Oppenheimer analyst Timothy Horan maintained an Outperform rating. T-Mobile shares fell 3% to close at $196.68 on Wednesday. <a href="https://www.benzinga.com/quote/TMUS/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying Robinhood stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-1024x512.png" alt="" class="wp-image-556095" style="width:628px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-1024x512.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-768x384.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153.png 1335w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Next: 
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Pre-Market Outlook

Markets

ATHA

AZPN

ELAN

HOOD

SPOT

TMUS

Robinhood To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Thursday

5 analysts have shared their evaluations of SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $83.6, along with a high estimate of $90.00 and a low estimate of $75.00. This current average reflects an increase of 7.46% from the previous average price target of $77.80. 
<img src="https://www.benzinga.com/files/images/story/2024/1726747249_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The analysis of recent analyst actions sheds light on the perception of SS&amp;C Techs Hldgs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Peter Heckmann</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$88.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Daniel Perlin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$81.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Peter Heckmann</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$84.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to SS&amp;C Techs Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SS&amp;C Techs Hldgs compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of SS&amp;C Techs Hldgs's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of SS&amp;C Techs Hldgs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SSNC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on SS&amp;C Techs Hldgs analyst ratings.</a>
<h2>Delving into SS&amp;C Techs Hldgs's Background</h2>
SS&amp;C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&amp;C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&amp;C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&amp;C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its 2018 purchase of DST Systems, SS&amp;C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&amp;C completed the acquisition of Blue Prism.
<h3>SS&amp;C Techs Hldgs's Economic Impact: An Analysis</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: SS&amp;C Techs Hldgs's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 6.52%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 13.11%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): SS&amp;C Techs Hldgs's ROE stands out, surpassing industry averages. With an impressive ROE of 2.96%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): SS&amp;C Techs Hldgs's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.11%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.06.
<h2>How Are Analyst Ratings Determined?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

In-Depth Examination Of 5 Analyst Recommendations For SS&C Techs Hldgs

Needham analyst Mayank Tandon maintains SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) with a Buy and raises the price target from $81 to $90.

Needham Maintains Buy on SS&C Techs Hldgs, Raises Price Target to $90

SS&amp;C Techs Hldgs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NYSE">SSNC</a>) short percent of float has fallen 27.96% since its last report. The company recently reported that it has 1.25 million shares sold short, which is 0.67% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.43 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>SS&amp;C Techs Hldgs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726155915_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for SS&amp;C Techs Hldgs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing SS&amp;C Techs Hldgs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, SS&amp;C Techs Hldgs's peer group average for short interest as a percentage of float is 5.40%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into SS&C Techs Hldgs's Recent Short Interest

SS&amp;C&#39;s Managed Fund Administration team will provide unit registry services to 88 BT-managed funds, including investor servicing and unit registry websites for digital account access and transactions.

Contracts

Australia's BT Signs Long-Term Agreement With SS&C Global Investor And Distribution Solutions For Unit Registry Services

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) has outperformed the market over the past 10 years by 1.73% on an annualized basis producing an average annual return of 12.38%. Currently, SS&amp;C Techs Hldgs has a market capitalization of $18.19 billion. 
Buying $1000 In SSNC: If an investor had bought $1000 of SSNC stock 10 years ago, it would be worth $3,216.99 today based on a price of $74.12 for SSNC at the time of writing.
<h3>SS&amp;C Techs Hldgs's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725562827_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 10 Years Ago Would Be Worth $3,200 Today

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) has outperformed the market over the past 10 years by 1.55% on an annualized basis producing an average annual return of 12.38%. Currently, SS&amp;C Techs Hldgs has a market capitalization of $18.21 billion. 
Buying $100 In SSNC: If an investor had bought $100 of SSNC stock 10 years ago, it would be worth $321.31 today based on a price of $74.21 for SSNC at the time of writing.
<h3>SS&amp;C Techs Hldgs's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724686214_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning SS&C Techs Hldgs Stock In The Last 10 Years

Highlighted on August 22, it was unveiled in an SEC filing that Kanwar, President &amp; COO at SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>), executed a significant transaction involving the exercise of company stock options.
What Happened: In an insider options sale disclosed in a Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0001402436/000095017024099960//Archives/edgar/data/1402436/000095017024099960/0000950170-24-099960-index.htm">U.S. Securities and Exchange Commission</a>, Kanwar, President &amp; COO at SS&amp;C Techs Hldgs, exercised stock options for 500,000 shares of SSNC. The transaction value amounted to $21,461,000.
The Friday morning update indicates SS&amp;C Techs Hldgs shares up by 0.3%, currently priced at $73.62. At this value, Kanwar's 500,000 shares are worth $21,461,000.
<h3>Delving into SS&amp;C Techs Hldgs's Background</h3>
SS&amp;C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&amp;C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&amp;C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&amp;C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its 2018 purchase of DST Systems, SS&amp;C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&amp;C completed the acquisition of Blue Prism.
<h3>SS&amp;C Techs Hldgs: Delving into Financials</h3>
Revenue Growth: Over the 3 months period, SS&amp;C Techs Hldgs showcased positive performance, achieving a revenue growth rate of 6.52% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 48.11%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): SS&amp;C Techs Hldgs's EPS is below the industry average. The company faced challenges with a current EPS of 0.77. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: SS&amp;C Techs Hldgs's debt-to-equity ratio is below the industry average. With a ratio of 1.06, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: SS&amp;C Techs Hldgs's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 26.5.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 3.28 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 11.81 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
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<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>The Insider's Guide to Important Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001402436">Check Out The Full List Of SS&amp;C Techs Hldgs's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

At SS&C Techs Hldgs, Rahul Kanwar Chooses To Exercise Options, Resulting In $21.46M

SS&amp;C Techs Hldgs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NYSE">SSNC</a>) short percent of float has fallen 14.68% since its last report. The company recently reported that it has 1.73 million shares sold short, which is 0.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.33 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>SS&amp;C Techs Hldgs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724272210_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for SS&amp;C Techs Hldgs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing SS&amp;C Techs Hldgs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, SS&amp;C Techs Hldgs's peer group average for short interest as a percentage of float is 4.95%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(SSNC) - Analyzing SS&C Techs Hldgs's Short Interest

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) has outperformed the market over the past 10 years by 1.72% on an annualized basis producing an average annual return of 12.24%. Currently, SS&amp;C Techs Hldgs has a market capitalization of $17.21 billion. 
Buying $100 In SSNC: If an investor had bought $100 of SSNC stock 10 years ago, it would be worth $317.71 today based on a price of $70.11 for SSNC at the time of writing.
<h3>SS&amp;C Techs Hldgs's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723230126_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SS&amp;C Techs Hldgs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NYSE">SSNC</a>) short percent of float has fallen 11.38% since its last report. The company recently reported that it has 2.05 million shares sold short, which is 1.09% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.57 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>SS&amp;C Techs Hldgs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722879919_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for SS&amp;C Techs Hldgs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing SS&amp;C Techs Hldgs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, SS&amp;C Techs Hldgs's peer group average for short interest as a percentage of float is 5.22%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About SS&C Techs Hldgs?

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) has outperformed the market over the past 10 years by 2.29% on an annualized basis producing an average annual return of 13.26%. Currently, SS&amp;C Techs Hldgs has a market capitalization of $17.91 billion. 
Buying $100 In SSNC: If an investor had bought $100 of SSNC stock 10 years ago, it would be worth $349.31 today based on a price of $72.40 for SSNC at the time of writing.
<h3>SS&amp;C Techs Hldgs's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722268846_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In SS&C Techs Hldgs 10 Years Ago Would Be Worth This Much Today

DA Davidson analyst Peter Heckmann maintains SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) with a Buy and raises the price target from $84 to $88.

DA Davidson Maintains Buy on SS&C Techs Hldgs, Raises Price Target to $88

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $75.25, a high estimate of $84.00, and a low estimate of $61.00. This upward trend is apparent, with the current average reflecting a 8.27% increase from the previous average price target of $69.50.
<img src="https://www.benzinga.com/files/images/story/2024/1722009611_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The analysis of recent analyst actions sheds light on the perception of SS&amp;C Techs Hldgs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Daniel Perlin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$81.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Peter Heckmann</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$84.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Surinder Thind</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$61.00</td>
<td>$54.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to SS&amp;C Techs Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SS&amp;C Techs Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for SS&amp;C Techs Hldgs's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of SS&amp;C Techs Hldgs's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SSNC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on SS&amp;C Techs Hldgs analyst ratings.</a>
<h2>Get to Know SS&amp;C Techs Hldgs Better</h2>
SS&amp;C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&amp;C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&amp;C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&amp;C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its 2018 purchase of DST Systems, SS&amp;C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&amp;C completed the acquisition of Blue Prism.
<h3>SS&amp;C Techs Hldgs: Delving into Financials</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: SS&amp;C Techs Hldgs displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 5.31%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 10.98%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.47%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.89%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 1.06, SS&amp;C Techs Hldgs adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 4 Analyst Projections For SS&C Techs Hldgs

WIIM

SS&C Technologies shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 guidance. Also, multiple firms raised their respective price targets on the stock.

My Top 3 Large Cap Magic Formula Stocks For October 2024

The technology industry is well-positioned for significant growth thanks to continued innovation in the software and services field. Amid this backdrop, it could be wise to buy undervalued tech stocks, such as SS&C Technologies Holdings (SSNC), DocuSign (DOCU), and Dropbox (DBX), with "Strong Buy" ratings. Continue reading… Businesses heavily depend on software solutions to enhance operations, elevate customer experiences, gain data-driven insights, and protect their systems as they strive to adapt and stay competitive in the ever-changing digital landscape, leading to a tech revolution.
Thus, investors could consider adding fundamentally sound tech stocks SS&amp;C Technologies Holdings, Inc. (<a href="https://stocknews.com/stock/SSNC/">SSNC</a>), DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>), and Dropbox, Inc. (<a href="https://stocknews.com/stock/DBX/">DBX</a>) to their portfolios, which are currently trading relatively cheaply. Additionally, these stocks have a "Strong Buy" rating in our proprietary rating system.
The software industry is growing due to increasing demand for digital transformation across businesses and rapid advancements in AI, cloud computing, and automation, which enhance efficiency and innovation.
Additionally, the shift to remote work and the rise of SaaS models have further fueled its expansion. The software market is projected to grow at a <a href="https://www.marketresearchfuture.com/reports/software-market-11924">CAGR of 11.9%</a> by 2032, which shows how in-demand tech is currently.
Moreover, the growing popularity of cloud-based software and rising concern to automate business processes are continuously increasing the demand for IT services worldwide. Cloud-based IT services are experiencing rapid growth among SMEs since 2022 and are expected to capture more than <a href="https://www.industryarc.com/Research/IT-Services-Market-Research-501180">80% of the market share by 2025</a>. 
Considering these conducive factors, let's take a look at the fundamentals of the three tech stock picks.
SS&amp;C Technologies Holdings, Inc. (<a href="https://stocknews.com/stock/SSNC/">SSNC</a>)
SSNC provides software products and software-enabled services to financial services and healthcare industries. Its products and services allow professionals in these industries to automate complex business processes and manage information processing requirements.
SSNC's forward <a href="https://www.investopedia.com/terms/e/ev-ebitda.asp">EV/EBITDA</a> of 10.80x is 8.5% lower than the industry average of 11.79x. Its forward EV/EBIT multiple of 11.13 is 33.4% lower than the industry average of 16.70.
For the second quarter, which ended June 30, 2024, SSNC reported total revenues at $1.45 billion, which is up 6.5% year-over-year. The company's net income stood at $190.30 million and $0.75 per share, up 45.6% and 47% year-over-year, respectively.
Analysts expect SSNC's revenue for the third quarter (ended September 2024) to increase 5.5% year-over-year to $1.44 billion, while its EPS is expected to grow 7.6% year-over-year to $1.26. In addition, the company surpassed the consensus EPS and revenue estimates in three of the trailing four quarters.
Over the past year, the stock has gained 41.4% to close the last trading session at $73.69.
SSNC's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
SSNC has a B grade for Growth, Stability, Sentiment, and Value. It is ranked #3 out of 129 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
Beyond what is stated above, we've also rated SSNC for Quality and Momentum. Get all SSNC ratings <a href="https://stocknews.com/stock/SSNC/">here</a>.
DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU offers electronic signature solutions internationally. The company provides an e-signature solution that enables the sending and signing of agreements, Contract Lifecycle Management that automates workflows, Document Generation streamlines the process of generating new, custom agreements, and more.
DOCU's forward EV/EBITDA of 12.47x is 13.5% lower than the industry average of 14.42x. Its forward EV/EBIT multiple of 13.82 is 31% lower than the industry average of 20.03.
In the second quarter that ended July 31, 2024, DOCU's total revenue increased 7% year-over-year to $736 million. Its gross profit grew 37.3% from the year-ago value to $580.56 million. Its non-GAAP net income and non-GAAP EPS were $200.99 million and $0.97, up 34.3% and 34.7% year-over-year, respectively.
Street expects DOCU's revenue to increase 6.4% year-over-year to $745.31 million for the third quarter ending October 2024. The company's EPS for the same quarter is expected to increase 10.2% year-over-year to $0.87. Also, DOCU surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
The stock has gained 58.8% over the past year to close the last trading session at $66.89.
DOCU's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
The stock has an A grade for Quality and a B for Value and Growth. DOCU is ranked first out of 18 stocks in the <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry.
<a href="https://stocknews.com/stock/DOCU/">Click here</a> to access the additional DOCU ratings (Momentum, Sentiment, and Stability).
Dropbox, Inc. (<a href="https://stocknews.com/stock/DBX/">DBX</a>)
DBX provides a content collaboration platform worldwide. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features.
DBX's trailing-12-month EV/EBITDA of 9.10x is 36.9% lower than the industry average of 14.42x. Its forward EV/EBIT multiple of 10.66 is 46.8% lower than the industry average of 20.03.
DBX's total revenue for the fiscal second quarter that ended June 30, 2024, amounted to $634.50 million, up 1.9% year-over-year. The company's non-GAAP net income stood at $194.10 million and $0.60 per share, up 11.6% and 17.6% year-over-year, respectively.
For the quarter ended September 30, 2024, DBX's revenue is expected to increase marginally year-over-year to $637.19 million. Its EPS for the same quarter is expected to be $0.53. It surpassed consensus revenue and EPS estimates in each of the trailing four quarters.
Over the past three months, the stock gained 14.6%, closing the last trading session at $25.48.
DBX's POWR Ratings reflect bright prospects. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
The stock has an A grade for Quality and a B for Value. DBX is ranked #7 out of 77 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry.
In addition to the POWR Ratings highlighted above, one can access DBX's ratings (Growth, Momentum, Stability, and Sentiment) <a href="https://stocknews.com/stock/DBX/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
SSNC shares were trading at $74.48 per share on Wednesday afternoon, up $0.79 (+1.07%). Year-to-date, SSNC has gained 23.23%, versus a 22.37% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/ssnc-docu-dbx-3-undervalued-tech-stocks-with-strong-buy-ratings/>3 Undervalued Tech Stocks With Strong Buy Ratings</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Undervalued Tech Stocks With Strong Buy Ratings

There's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Cadence Design (CDNS – Research Report), Dynatrace (...

Analysts' Top Technology Picks: Cadence Design (CDNS), Dynatrace (DT)

High dividend growth + high free cash flow yield stocks = a winning strategy

These stocks have high dividend growth + high free cash flow yield

Paycom Software (PAYC) is slated to announce its third-quarter earnings on October 30. While strong demand for its cloud-based HR tools continues, rising costs and margin pressures from ongoing AI investments raise concerns. Should you invest in PAYC before its earnings release? Read more to find out… Paycom Software, Inc. (<a href="https://stocknews.com/stock/PAYC/">PAYC</a>) will report its fiscal 2024 third-quarter earnings later this month, on <a href="https://investors.paycom.com/news/news-details/2024/Paycom-Software-Inc.-Announces-Third-Quarter-2024-Earnings-Release-Date-and-Conference-Call/default.aspx">October 30</a>. In this piece, we will determine whether Paycom is a buy or a sell ahead of its earnings release.
With a market cap of $9.39 billion, PAYC provides cloud-based human capital management (HCM) solutions tailored for small to mid-sized businesses across the U.S. Its all-in-one platform integrates payroll, HR, and talent management functions, helping companies manage their workforce more efficiently, from hiring to retirement.
While Paycom's revenue growth slowed to high single digits by the end of the first half of 2024, it aligns closely with its projected 10% growth target. Moreover, the company's revenue is expected to grow, thanks to the demand for innovative tools like Beti and GONE, which streamline operations by reducing non-productive hours and boosting client efficiency.
For the third quarter, analysts expect the company's revenue to increase 10.1% year-over-year to $447.18 million. However, its <a href="https://www.investopedia.com/terms/e/eps.asp">earnings per share</a> is forecasted to sit at $1.62, down 8.5% from the prior-year period. Nevertheless, the company has an impressive earnings history, having beaten the consensus EPS estimates in each of the trailing four quarters.
In the last reported quarter, PAYC exceeded the consensus revenue estimate by $1.15 million, while its adjusted EPS of $1.62 came in slightly above the forecasted $1.60. Given this performance, the upcoming earnings report has the potential for another beat.
Over the past three months, shares of PAYC have gained 1.6%, though they are still down 20.9% year-to-date, closing the latest trading session at $163.57
Here are the financial aspects of PAYC that could influence its price performance in the near term:
Solid Financials
For the second quarter, which ended June 30, 2024, PAYC's total revenue increased 9.1% year-over-year to $437.51 million. Its adjusted gross profit grew 6.1% over the prior-year period to $357.79 million. The company's operating income stood at $95.14 million, up 9% year-over-year.
In addition, its net income came in at $67.97 million and $1.20 per share, representing an increase of 5.4% and 8.1%, respectively, from the same period last year. Also, its cash, cash equivalents, restricted cash, and restricted cash equivalents at the end of the period rose 11.6% from the prior-year period to $2.61 billion.
Favorable Annual Analyst Estimates
Street expects PAYC's EPS for the current year (ending December 2024) to increase marginally from the year-ago value to $7.78, while its revenue estimate of $1.87 billion reflects a growth of 10.3% year-over-year.
Moreover, for the fiscal year ending December 2025, PAYC's revenue is expected to increase 10.9% year-over-year to $2.07 billion. The company is estimated to post an earnings per share of $8.82 in the next year, indicating a 13.4% improvement from the prior year.
Discounted Valuation
In terms of forward P/E, PAYC is currently trading at 19.88x, 13.8% lower than the industry average of 23.05x. Likewise, its forward EV/EBIT multiple of 15.29 is 10.2% lower than the industry average of 17.02x.
In addition, the stock's trailing-12-month EV/EBITDA of 13.65x is marginally below the 13.86x industry average. Also, its trailing-12-month PEG multiple of 0.39 compares to the industry average of 1.11.
Robust Profitability
PAYC's 86.10% trailing-12-month gross profit margin is 172.2% higher than the 31.64% industry average. The stock's 16.72% trailing-12-month levered FCF margin is 154.9% higher than the 6.56% industry average.
Similarly, its trailing-12-month EBIT and net income margins of 32.87% and 26.55% are relatively higher than their respective industry averages of 10.06% and 6.16%. Furthermore, PAYC's trailing-12-month ROCE of 33.33% compares favorably to the industry average of 12.93%.
POWR Ratings Exhibit Mixed Prospects
PAYC's stance is apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of C, which translates to Neutral in our proprietary rating system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. PAYC's B grade for Value and Quality is justified by its lower-than-industry valuation and robust profitability, respectively.
Moreover, the stock is trading above its 100-day moving average of $157.55 but below its 200-day moving average of $173.42, justifying its C grade for Momentum.
PAYC is ranked #49 out of 131 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry. <a href="https://stocknews.com/stock/PAYC/">Click here</a> to access PAYC's Growth, Stability, and Sentiment ratings.
Bottom Line
While there's optimism about Paycom's potential to capitalize on continued demand for its solutions, the company's focus on AI and innovation to enhance the client experience may impact its margins in the near term. In the first half of 2024, topline growth moderated, and higher expenses led to margin contraction. Although revenue is expected to grow, margins will likely remain under pressure.
If top line growth continues to slow, it could further weigh on profitability, potentially leading to bottom-line contraction and a weaker valuation, which could hurt the stock's performance. Given PAYC's high volatility, with a five-year beta of 1.18, the stock's price movements tend to be more pronounced than the broader market. This volatility could create future buying opportunities if the price dips lower. Thus, it could be wise for investors to monitor the stock closely in the coming months.
How Does Paycom Software, Inc. (PAYC) Stack Up Against Its Peers?
While PAYC has an overall grade of C, equating to a Neutral rating, you may check out these A (Strong Buy) rated stocks within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry: IBEX Limited (<a href="https://stocknews.com/stock/IBEX/">IBEX</a>), SS&amp;C Technologies Holdings, Inc. (<a href="https://stocknews.com/stock/SSNC/">SSNC</a>), and TeamViewer SE (<a href="https://stocknews.com/stock/TMVWY/">TMVWY</a>). To explore more Software - Application stocks, <a href="https://stocknews.com/category/software-application/">click here</a>.
What To Do Next?
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PAYC shares were unchanged in premarket trading Thursday. Year-to-date, PAYC has declined -20.36%, versus a 23.66% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/payc-ibex-ssnc-tmvwy-should-you-buy-paycom-software-before-its-next-earnings-report/>Should You Buy Paycom Software Before Its Next Earnings Report?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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