Why SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $36.640 on SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.600 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) stands at 256.597. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For SS&C Technologies Holdings, Inc, the PEG ratio for coming 3-5 years is 0.990. Technical Analysis The technical analysis highlights that SS&C Technologies Holdings, Inc current price is trading $1.053 points away +3.572% from $29.482, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $30.143 and, for now, the stock price is trading $0.392 or +1.301% away from that point. The 52-week high of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) was $38.595 while lowest point recorded in 52-week was $23.615. It implies if stock price makes a movement of over $-8.060, it will record a new 52-week high. In the case of $+29.303% points drop, it will touch a new 52-week low.

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