How to Buy SS&C Technologies Holdings Stock
SS&C Technologies Holdings Inc
SS&C Technologies Holdings, Inc. , together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries.
SS&C Technologies Holdings stock last closed at $60.47, up 0.38% from the previous day, and has increased 4.75% in one year. It has underperformed other stocks in the Software - Application industry by 0.14 percentage points. SS&C Technologies Holdings stock is currently +29.74% from its 52-week low of $46.61, and -8.18% from its 52-week high of $65.86.
There are currently 247.12M shares of SSNC outstanding. The market value of SSNC is $14.94B. In the last 24 hours, 697,507 SSNC shares were traded.
How to Buy SS&C Technologies Holdings Stock
Not sure how to invest in SS&C Technologies Holdings stock? Here's how.
- Decide where to buy SS&C Technologies Holdings stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy SS&C Technologies Holdings stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Analyze SS&C Technologies Holdings stock: The SS&C Technologies Holdings ticker symbol is SSNC. Is SS&C Technologies Holdings stock a good investment? Should you buy shares of SSNC? How do SSNC's underlying business fundamentals look? Do top analysts think SS&C Technologies Holdings is a good buy? Why has SSNC's stock price moved recently? (Hint: Our stock market research tools can help you decide if SSNC is a good stock to buy).
- Place your SSNC purchase: Decide if you will purchase SSNC shares at the current market price or use a limit order to buy SSNC shares at a specific price.
- Track your SSNC investment: Create a watchlist to keep tabs on your position in SS&C Technologies Holdings stock.
Step 1: Decide where to buy SS&C Technologies Holdings stock
You need an online brokerage account in order to access the NASDAQ market and buy SSNC shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal info so you are able to invest in SSNC stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your brokerage account
Now that you have created your account on the best stock app to use, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring money into your new investment account.
Step 4: Analyze SS&C Technologies Holdings stock
Once you have chosen the best place to buy SS&C Technologies Holdings stock, it's very important to analyze their stock prior to investing, so you truly wrap your head around the risk and opportunity.
SS&C Technologies Holdings shares quick numbers
Fundamentals of SSNC
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SSNC's stock page.
How is SSNC stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SSNC's true value.
Using relative valuations methods:
- SSNC could be undervalued based on its P/E ratio of 24.68x, relative to Software - Application industry P/E ratio of 98.93x
- SSNC could be undervalued based on its P/B ratio of 2.36x, relative to Software - Application industry P/B ratio of 6.39x
- SSNC may be undervalued based on its PEG ratio of 0.44x
You can access additional valuation analysis on SSNC's stock here.
A quick look at SSNC Financials
Passed Health Checks:
- Total SSNC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the SSNC balance sheet.
Failed Health Checks:
- SSNC profit margin has gone down from 12.3% to 11% in the past year.
- SSNC's operating cash flow of $1.22B allows it to safely service it's debt of $6.92B.
- SSNC has a relatively high debt to equity ratio of 1.85.
- SSNC earnings of $1.33B is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the SSNC balance sheet.
Is it a good time to buy SSNC stock, according to analysts?
Out of 7 sell side analysts who give ratings on SSNC, the consensus analyst rating on SS&C Technologies Holdings is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent SSNC Analyst Recommendations
Mayank Tandon, a top 11% analyst from Needham maintains SSNC with a buy rating and raises their SSNC price target from $62.00 to $70.00, on Feb 14, 2024.
James Faucette, a top 9% analyst from Morgan Stanley maintains SSNC with a hold rating and lowers their SSNC price target from $56.00 to $53.00, on Oct 27, 2023.
You can dig deeper into what analysts are saying on the SS&C Technologies Holdings stock forecast page.
SSNC Trading Indicators
Is SSNC Growing Revenue?
Last year, SSNC earnings were $607.10M. During the last 5 year, SSNC's earnings have increased by 40.98% per year. This was faster than the Software - Application industry average of 31.41%.
Last year, SSNC revenue was $5.50B. During the last five year, SSNC's revenue has grown by 9.97% per year. This was slower than the Software - Application industry average of 27.61%.
You can analyze SSNC's earnings and revenue performance here.
Are SSNC insiders buying or selling the stock?
Over the last year, executives and large shareholders at SSNC have bought more shares than they have sold.
David Varsano, Director of SSNC, was the latest SSNC insider to buy. They bought $96,125.58 worth of SSNC stock on Mar 11, 2024.
Research more about who owns SSNC shares here.
Does SSNC stock generate passive income?
SS&C Technologies Holdings pays a dividend of 1.52%, compared to the Software - Application industry's average dividend yield of 2.43%. If you owned $1,000 of SSNC stock, you would have received $15.21 last year.
SS&C Technologies Holdings dividend payments have consistently grown over the past decade and have remained stable.
Get more data about SS&C Technologies Holdings dividend yield and history here.
SSNC Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your SSNC purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, use a limit order.
Click the Open Trade button and eToro will place the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Track your SSNC investment
Now that you own some shares in SSNC, you'll want to stay up-to-date on your new shares.
Add SSNC to a watchlist to monitor your SSNC stock.
SSNC Feed
How to Buy Stock in SS&C Technologies Holdings
To reiterate, here are the 6 steps to buy SS&C Technologies Holdings stock:
- Decide where to buy SS&C Technologies Holdings stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Analyze SS&C Technologies Holdings stock
- Place your SSNC purchase
- Track your SSNC investment
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your new investment in SS&C Technologies Holdings, create your watchlist below.
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