Zacks: SilverSun Technologies Inc (SSNT) Given $7.00 Average Target Price by Analysts
SilverSun Technologies Inc (NASDAQ:SSNT) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus price objective of $7.00 for the company and are expecting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given SilverSun Technologies an industry rank of 174 out of 257 based on the ratings given to related companies.
Separately, Westpark Capital set a $7.00 target price on shares of SilverSun Technologies and gave the company a “buy” rating in a report on Friday, August 24th.
SilverSun Technologies (NASDAQ:SSNT) last posted its earnings results on Tuesday, November 13th. The company reported $0.04 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.02. SilverSun Technologies had a negative net margin of 2.13% and a positive return on equity of 5.02%. The firm had revenue of $11.29 million during the quarter, compared to the consensus estimate of $10.87 million. As a group, research analysts expect that SilverSun Technologies will post 0.24 EPS for the current year.
SilverSun Technologies Company Profile
SilverSun Technologies, Inc operates as a business application, technology, and consulting company. The company resells enterprise resource planning software for the financial accounting requirements, as well as offers associated training, technical support, and professional services. The company also publishes and markets MAPADOC, an electronic data interchange software through a network of resellers.
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