Ssc Technologies Holdings Stock Today
| SSNC Stock | USD 61.23 0.41 0.67% |
Performance1 of 100
| Odds Of DistressLess than 5
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SSC Technologies is trading at 61.23 as of the 23rd of April 2024, a 0.67 percent increase since the beginning of the trading day. The stock's open price was 60.82. SSC Technologies has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for SSC Technologies Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 31st of May 1996 | Category Technology | Classification Information Technology |
SSC Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company was founded in 1986 and is headquartered in Windsor, Connecticut. SSC Technologies operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 247.23 M outstanding shares of which 1.61 M shares are at this time shorted by private and institutional investors with about 1.64 trading days to cover. More on SSC Technologies Holdings
Moving against SSC Stock
| 0.48 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
SSC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SSC Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SSC Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, SSC Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SSC Technologies' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Founder, Chairman and CEO | William Stone | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering SSC Technologies report their recommendations after researching SSC Technologies' financial statements, talking to executives and customers, or listening in on SSC Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering SSC Technologies Holdings. The SSC consensus assessment is calculated by taking the average forecast from all of the analysts covering SSC Technologies. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to SSC Technologies' liquidity, profitability, solvency, and operating efficiency, SSC Technologies Holdings may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of SSC Technologies Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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SSC Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to SSC Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SSC Technologies' financial leverage. It provides some insight into what part of SSC Technologies' total assets is financed by creditors.
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SSC Technologies Holdings (SSNC) is traded on NASDAQ Exchange in USA. It is located in 80 Lamberton Road, Windsor, CT, United States, 06095 and employs 26,600 people. SSC Technologies is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SSC Technologies's market, we take the total number of its shares issued and multiply it by SSC Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SSC Technologies Holdings conducts business under Software sector and is part of Information Technology industry. The entity has 247.23 M outstanding shares of which 1.61 M shares are at this time shorted by private and institutional investors with about 1.64 trading days to cover.
SSC Technologies Holdings currently holds about 438.3 M in cash with 1.22 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72.
Check SSC Technologies Probability Of Bankruptcy
Ownership AllocationSSC Technologies Holdings secures a total of 247.23 Million outstanding shares. The majority of SSC Technologies Holdings outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to take positions in SSC Technologies Holdings to benefit from reduced commissions. Therefore, outside corporations are subject to a different set of regulations than regular investors in SSC Technologies Holdings. Please pay attention to any change in the institutional holdings of SSC Technologies as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SSC Ownership Details
SSC Stock Price Odds Analysis
What are SSC Technologies' target price odds to finish over the current price? Based on a normal probability distribution, the odds of SSC Technologies jumping above the current price in 90 days from now is about 76.59%. The SSC Technologies Holdings probability density function shows the probability of SSC Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0449. This usually implies SSC Technologies Holdings market returns are highly-sensitive to returns on the market. As the market goes up or down, SSC Technologies is expected to follow. Additionally, sSC Technologies Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SSC Technologies to move above the current price in 90 days from now is about 76.59 (This SSC Technologies Holdings probability density function shows the probability of SSC Stock to fall within a particular range of prices over 90 days) .
SSC Stock Institutional Holders
Institutional Holdings refers to the ownership stake in SSC Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SSC Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SSC Technologies' value.| Instituion | Recorded On | Shares | |
| Capital Research Global Investors | 2023-12-31 | 3.8 M | |
| Durable Capital Partners Lp | 2023-12-31 | 3.6 M | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 3.5 M | |
| Geode Capital Management, Llc | 2023-12-31 | 3.4 M | |
| Turtle Creek Asset Management Inc. | 2023-12-31 | 2.9 M | |
| Millennium Management Llc | 2023-12-31 | 2.8 M | |
| Norges Bank | 2023-12-31 | 2.8 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.3 M | |
| Vulcan Value Partners, Llc | 2023-12-31 | 2.2 M | |
| Blackrock Inc | 2023-12-31 | 26 M | |
| Vanguard Group Inc | 2023-12-31 | 19.9 M |
SSC Technologies Historical Income Statement
SSC Technologies Holdings Income Statement is one of the three primary financial statements used for reporting SSC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of SSC Technologies Holdings revenue and expense. SSC Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, SSC Technologies' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 5.8 B, whereas Total Other Income Expense Net is projected to grow to (363.4 M). View More FundamentalsSSC Stock Against Markets
Picking the right benchmark for SSC Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SSC Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SSC Technologies is critical whether you are bullish or bearish towards SSC Technologies Holdings at a given time. Please also check how SSC Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SSC Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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SSC Technologies Corporate Directors
SSC Technologies corporate directors refer to members of a SSC Technologies board of directors. The board of directors generally takes responsibility for the SSC Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SSC Technologies' board members must vote for the resolution. The SSC Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Zamkow | Director | Profile | |
| Michael Daniels | Independent Director | Profile | |
| Smita Conjeevaram | Director | Profile | |
| Bhagesh Malde | Managing Director & Global Head - SS&C GlobeOp's Real Assets Division | Profile |
How to buy SSC Stock?
Before investing in SSC Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SSC Technologies. To buy SSC Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SSC Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SSC Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SSC Technologies Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SSC Technologies Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SSC Technologies Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SSC Stock please use our How to Invest in SSC Technologies guide.
Already Invested in SSC Technologies Holdings?
The danger of trading SSC Technologies Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SSC Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SSC Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SSC Technologies Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SSC Technologies Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SSC Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ssc Technologies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ssc Technologies Holdings Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSC Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for SSC Stock analysis
When running SSC Technologies' price analysis, check to measure SSC Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SSC Technologies is operating at the current time. Most of SSC Technologies' value examination focuses on studying past and present price action to predict the probability of SSC Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSC Technologies' price. Additionally, you may evaluate how the addition of SSC Technologies to your portfolios can decrease your overall portfolio volatility.
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Is SSC Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SSC Technologies. If investors know SSC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SSC Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 0.88 | Earnings Share 2.39 | Revenue Per Share 22.162 | Quarterly Revenue Growth 0.055 |
The market value of SSC Technologies Holdings is measured differently than its book value, which is the value of SSC that is recorded on the company's balance sheet. Investors also form their own opinion of SSC Technologies' value that differs from its market value or its book value, called intrinsic value, which is SSC Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SSC Technologies' market value can be influenced by many factors that don't directly affect SSC Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SSC Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SSC Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSC Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.