Looking at top Wall Street opinions, SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) has recently made its way into the research list of Needham – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Strong Buy in the eyes of Needham, whereas its previous rating was Buy in the eyes of Needham, as reported on Friday, December 7th, 2018. Another heavy-hitting research note was published by Deutsche Bank on Monday September 10th, 2018, with this firm upgrading SSNC to an updated rating of Buy from its previous rating of Hold. In the past six months and three months of trading, shares of SS&C Technologies Holdings, Inc. (SSNC) have moved by -3.22% and 3.33%, respectively.
Brokerage Updates Related to SS&C Technologies Holdings, Inc. (SSNC) Stock
This publicly-traded organization generated gains of 3.35% over the last 5 sessions. Right now, this stock is the subject of 15 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 8 have given a rating of Buy or better. Based on the 15 stock market experts following this company, the average 12-month price target is $63.08. Moreover, individual price targets range between $56.00-$74.00. With its recent move to $64.00, we can see that these firms project this stock will gain by 12.57% in one year.
Updates from SS&C Technologies Holdings, Inc. (SSNC) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 12.85% rise since the beginning of the calendar year. A Director at SS&C Technologies Holdings, Inc. (SSNC) bought some of its shares in a transaction that was finalized on Dec 21. Similarly, Frank Joseph J. bought 1 shares of the organization’s stock at $44.45 apiece and racked up $28 in earnings from the purchase. Now, Frank Joseph J. holds 20,221 shares of the company following the exchange. A Director of the organization named MICHAEL JONATHAN E, was engaged in a transaction that occurred on Nov 20 that managed to be worth $445,793 from the purchase of 10,000 common shares at a price of $44.58 per individual share.
SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Results in the Pipeline
The next scheduled release of financial results for SS&C Technologies Holdings, Inc. will be for the Sep-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.74. In the same vein, they expect sales for the quarter to amount to $1,002.76 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $1,002.90 million in revenue alongside EPS at $0.79. On average, the analyst projection was calling for $908.50 million with $0.62 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $434.56 million, with earnings per share ending up at $0.53.
The Goldman Sachs Group, Inc. (NYSE:GS) experienced a drop of -0.18% from the closing price in the previous trading day. That drove the price to $191.33 per share, as observed on February 11th, 2019, at a time when the total trading volume reached 1,956,945 shares of stock – compared to the typical average of 4.48M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $229.00.
Pricing Indications for The Goldman Sachs Group, Inc. (GS)
This organization has had a price-to-earnings ratio of 7.96 in the last year. In the most recent trading session, the daily high was $193.32, bringing the per-share value -0.18% high its 52-week high and about -30.50% more expensive than its 52-week low. Meanwhile, it gained 183.40 from its observable 50-day simple moving average. Right at this moment, the per-share value is -11.94% lower than the mean per-share price over the last 200 days in the market.
The Goldman Sachs Group, Inc. (NYSE:GS) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 1 have a sell rating, 6 have a Buy rating, 5 have an outperform rating, while 14 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.40, based on information from Thomson Reuters.
GS Stock Value Potential
In trading activity as of late, this stock’s value was 217.02 up from its 200 day moving average, while also 4.30% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $190.00-$302.00. The market value for the entire organization reached 71.69B. After the trading day started off at the price of $191.33, these shares nearly bottomed out at its low price of $191.07 and nearly peaked at $193.32 as its full-day high price. In the last trading session, the price ended the day at $191.67. The institutional holdings related to this organization account for 0.40%, and the Beta factor is now 1.24. This company’s RSI (Relative Strength Index) managed to hit 49.80.
The Goldman Sachs Group, Inc. (NYSE:GS) Analyst Points of Focus
The Goldman Sachs Group, Inc. (GS) has found itself inside of Societe Generale’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Sell, compared to its previous rating of Hold by Societe Generale, as garnered from a news report on Friday February 1st, 2019. An additional helpful research note was sent out by Barclays’s on Wednesday January 2nd, 2019. The brokerage decided to reiterated GS to Equal Weight.