Financial Analysis: SilverSun Technologies Inc common stock (SSNT) versus Its Peers

SilverSun Technologies Inc common stock (NASDAQ: SSNT) is one of 120 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it compare to its peers? We will compare SilverSun Technologies Inc common stock to similar businesses based on the strength of its institutional ownership, analyst recommendations, profitability, risk, valuation, dividends and earnings.

Analyst Recommendations

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This is a summary of current recommendations and price targets for SilverSun Technologies Inc common stock and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SilverSun Technologies Inc common stock 0 0 1 0 3.00
SilverSun Technologies Inc common stock Competitors 770 3761 7208 306 2.59

SilverSun Technologies Inc common stock presently has a consensus target price of $7.00, suggesting a potential upside of 75.53%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 1.85%. Given SilverSun Technologies Inc common stock’s stronger consensus rating and higher possible upside, research analysts plainly believe SilverSun Technologies Inc common stock is more favorable than its peers.

Institutional and Insider Ownership

6.5% of SilverSun Technologies Inc common stock shares are owned by institutional investors. Comparatively, 63.1% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 47.1% of SilverSun Technologies Inc common stock shares are owned by company insiders. Comparatively, 14.4% of shares of all “Business services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Risk and Volatility

SilverSun Technologies Inc common stock has a beta of 0.27, suggesting that its stock price is 73% less volatile than the S&P 500. Comparatively, SilverSun Technologies Inc common stock’s peers have a beta of 0.68, suggesting that their average stock price is 32% less volatile than the S&P 500.

Profitability

This table compares SilverSun Technologies Inc common stock and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SilverSun Technologies Inc common stock -1.61% 9.79% 4.29%
SilverSun Technologies Inc common stock Competitors 4.95% 3.87% 0.77%

Valuation and Earnings

This table compares SilverSun Technologies Inc common stock and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
SilverSun Technologies Inc common stock $34.85 million -$480,000.00 33.23
SilverSun Technologies Inc common stock Competitors $2.57 billion $356.09 million 12.95

SilverSun Technologies Inc common stock’s peers have higher revenue and earnings than SilverSun Technologies Inc common stock. SilverSun Technologies Inc common stock is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

SilverSun Technologies Inc common stock beats its peers on 7 of the 13 factors compared.

SilverSun Technologies Inc common stock 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. In addition, the company resells warehouse management system software, which controls the movement and storage of materials; and offers customer relationship management and business intelligence products. Further, it provides managed services, data back-up, network maintenance and service upgrades, hosting, business continuity, cloud, email, and Web services. It serves small and medium-sized businesses that sell services and products to various end users, manufacturers, wholesalers, and distributors in the United States. The company was formerly known as Trey Resources, Inc. and changed its name to SilverSun Technologies, Inc. in June 2011. SilverSun Technologies, Inc. was founded in 1988 and is headquartered in East Hanover, New Jersey.