2024-05-03 11:39:31 ET
Summary
- SS&C Technologies Holdings, Inc. beat Q1 2024 financial results, but revenue growth remains unimpressive.
- The global wealth management software market is forecasted to reach $12.2 billion by 2030, representing a strong CAGR of 13.9%.
- SS&C's financial trends show moderate revenue growth, fluctuating earnings, and rising SG&A costs.
- I don't see any meaningful organic upside catalyst to the stock, so my outlook is to Sell.
Investment Outlook
SS&C Technologies Holdings, Inc. ( SSNC ) recently reported its first quarter 2024 financial results, beating both revenue and earnings consensus estimates....
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SS&C Technologies Faces Uphill Climb To Meaningful Growth (Rating Downgrade)