Headquartered in Windsor, CT Fiscal year ends December NASDAQ: SSNC ssctech.com
SS&C Technologies Holdings, Inc. is a global provider of investment, financial, and healthcare technology and technology-enabled services. The company serves more than 23,000 financial services and healthcare organizations, ranging from the world's largest companies to small and mid-market firms. SS&C's offerings span fund administration (including hedge fund, private markets, and registered fund services), wealth and investment management technology, regulatory solutions, intelligent automation and analytics (including Blue Prism), virtual data rooms (Intralinks), retirement and distribution solutions, and healthcare technology (DomaniRx). The company generates the majority of its revenue from recurring technology-enabled services, with additional revenue from software licensing, maintenance, and related activities. SS&C operates a joint venture, DomaniRx, LLC, in the healthcare technology space. The company has significant goodwill and intangible assets on its balance sheet from its acquisition-driven growth strategy. Updated
Management raised the full-year adjusted EPS midpoint to $7.14, a guidance raise backed by execution: adjusted EBITDA margin expanded 40 basis points to 39.9%. The dividend went up 11.1% and the company bought back 1.9 million shares last quarter.
Analog Devices is sending shareholders about $533 million, or $1.10 a share, on September 15, the biggest cash payment of today's group. SS&C Technologies, Texas Roadhouse, Interactive Brokers and Patterson UTI Energy are paying out too.
These companies all had initial public offerings in 2010 and are still public. Their performance since then has ranged from −97% to over 16,000%.
Tuesday's top analyst upgrades and downgrades included Ally Financial, Apple, Ardelyx, Block, DocuSign, D.R. Horton, Enovix, EOG Resources, Ford, Futu, Micron Technology, Novavax, PayPal, Pfizer and TG Therapeutics.
J.P. Morgan has upgraded three software stocks and downgraded 13 others. Here's a look at eight of them.
The top analyst upgrades, downgrades and initiations seen on Tuesday included Cisco Systems, Duke Energy, Goodyear, Illumina, Kinder Morgan, Micron Technology, Pfizer and Tencent Music.
24/7 Wall St. has identified seven of the after-hours trading session's most battered stocks. These moves to the downside are so strong that they are likely to paint the screens of traders…
The top analyst upgrades, downgrades and initiations seen on Friday included Goldcorp, Home Depot, JC Penney, Nvidia, PG&E, Qualcomm, Target, Taiwan Semiconductor, Weatherford and Yamana Gold.
The top analyst upgrades, downgrades and other research calls from Thursday include Biogen, Box, Corning, GrubHub, Hyatt, Quality Systems and Zillow.
SS&C Technologies saw its shares make a handy gain on Thursday after the company announced that it will be acquiring DST Systems.
Chris Lange As the stock market keeps rising, investors have to expect that the wave of companies raising cash and insiders selling shares will only continue. We tracked a whopping 10 offerings yesterday alone…
SS&C Technologies Holdings, Inc. is a global provider of investment, financial, and healthcare technology and technology-enabled services. The company serves more than 23,000 financial services and healthcare organizations, ranging from the world's largest companies to small and mid-market firms.
24/7 Wall St.'s 12-month price target for SSNC is $104.26, rated Buy. The Wall Street consensus target is $98.11. SSNC price prediction →
