SS&C Technologies Holdings Inc
SSNC: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$31.00 | Jscjzh | Xjhgsyxdz |
Solid Finish to 2021 for SS&C, 2022 Outlook Consistent With Street Expectations
SS&C finished 2021 with a good fourth quarter. Revenue for the quarter of $1.30 billion and adjusted EPS of $1.28 topped the FactSet consensus of $1.26 billion and $1.23, respectively. The firm’s initial 2022 outlook was mostly in line with consensus estimates. Overall, there was little in the firm’s financial results that would alter our long-term view of the firm. We will maintain our narrow moat rating and fair value estimate of $85.