0.00%
-87.50%
-84.12%
-90.72%
-40.39%
-85.53%
-32.71%
AI Spotlight on SSNT
Company Description
SilverSun Technologies, Inc.operates as a business application, technology, and consulting company in the United States.The company provides solutions for accounting and business management, financial reporting, managed services, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence.
It also offers value-added services that focuses on consulting and professional services, specialized programming, training, and technical support.In addition, the company provides managed, cybersecurity, business continuity, disaster recovery, data back-up, network maintenance and service upgrades, and application hosting services.It serves small and medium-sized businesses primarily in the manufacturing, distribution, and service industries.
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.
Market Data
| Last Price | 16.31 |
| Change Percentage | -0.18% |
| Open | 15.8 |
| Previous Close | 16.34 |
| Market Cap ( Millions) | 11 |
| Volume | 322052 |
| Year High | 290 |
| Year Low | 2.99 |
| M A 50 | 131.3 |
| M A 200 | 75.76 |
Financial Ratios
| FCF Yield | 14.36% |
| Dividend Yield | 160.39% |
| ROE | -14.95% |
| Debt / Equity | 31.13% |
| Net Debt / EBIDTA | -158.62% |
| Price To Book | 11.39 |
| Price Earnings Ratio | -71.68 |
| Price To FCF | 6.97 |
| Price To sales | 0.19 |
| EV / EBITDA | 2.81 |
News
- Jun -05 - Why Is SilverSun Technologies (SSNT) Stock Down 20% Today?
- May -14 - 3 Short-Squeeze Stocks Ready to Soar on Roaring Kitty Rally
- May -07 - SilverSun Technologies Reports First Quarter 2024 Results
- Mar -15 - SilverSun Stockholders Approve Equity Investment
- Mar -14 - SilverSun Technologies Reports 2023 Year End Results
- Feb -15 - SWK Technologies Named to the CRN MSP 500 List
- Feb -07 - SWK Technologies Named Acumatica 2024 Partner of the Year
- Dec -05 - Why Is SilverSun Technologies (SSNT) Stock Down 28% Today?
- Dec -04 - Why Is SilverSun Technologies (SSNT) Stock Up 200% Today?
- Dec -04 - SilverSun Tech to get $1 billion investment from Jacobs Private Equity as part of spin-off plan
- Dec -04 - Brad Jacobs to Lead Equity Investment of $1 Billion in SilverSun Technologies and Pursue Acquisitions in an Industry to be Announced Later
- Nov -15 - SilverSun Technologies Acquires JCS Computer Resource Corporation
- Nov -14 - CORRECTION BY SOURCE: Silversun Technologies Reports Third Quarter 2023 Results
- Nov -14 - SilverSun Technologies Reports Third Quarter 2023 Results
- Sep -26 - SWK Technologies and eCommerce Software Trio Launch Educational Series
- Aug -08 - Silversun Technologies Reports Second Quarter 2023 Results
- Nov -15 - SSNT Stock: 7 Things to Know About the SilverSun Acquisition That Has Shares Soaring
- Nov -15 - SilverSun Technologies (SSNT) Stock: Why The Price Surged Today
- Aug -10 - SilverSun Technologies Reports Second Quarter 2021 Results
- Jun -22 - Why SilverSun Technologies Shares Are Surging Today
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Professional Consulting
Expected Growth : 12.4 %
What the company do ?
SilverSun Technologies' Professional Consulting provides expert guidance and support to businesses, helping them optimize operations, improve efficiency, and drive growth through tailored technology solutions.
Why we expect these perspectives ?
Growing demand for digital transformation, increasing adoption of cloud-based solutions, and the need for businesses to optimize operations and improve efficiency are driving the growth of the professional consulting services market.
Segment n°2 -> Ancillary Service
Expected Growth : 10.2 %
What the company do ?
Ancillary Service from SilverSun Technologies, Inc. provides additional features and functionalities to enhance ERP systems, such as EDI, e-commerce, and payment processing.
Why we expect these perspectives ?
Growing demand for ERP system enhancements, increasing adoption of e-commerce and EDI, and rising need for efficient payment processing are driving the growth of Ancillary Services from SilverSun Technologies, Inc.
Segment n°3 -> Software
Expected Growth : 10.2 %
What the company do ?
SilverSun Technologies, Inc. offers ERP and CRM software solutions, including Vormittag Associates, Inc. (VAI) and S2K Enterprise, for businesses to manage operations and customer relationships.
Why we expect these perspectives ?
Growing demand for ERP and CRM solutions, increasing adoption of cloud-based services, and rising need for businesses to manage operations and customer relationships efficiently drive the growth of SilverSun Technologies' software solutions.
Segment n°4 -> Maintenance
Expected Growth : 8.5 %
What the company do ?
Maintenance from SilverSun Technologies, Inc. is a comprehensive ERP solution for equipment maintenance, tracking, and scheduling, ensuring optimal asset performance and minimizing downtime.
Why we expect these perspectives ?
Growing demand for optimized asset performance, increasing adoption of Industry 4.0 technologies, and rising need for predictive maintenance are driving the growth of the maintenance software market.
Silversun Technologies, Inc. Products
| Product Range | What is it ? |
|---|---|
| Sage 100cloud | A comprehensive ERP system designed for small to medium-sized businesses, offering modules for accounting, inventory management, and manufacturing. |
| Sage 500 ERP | A robust ERP system designed for mid-sized to large businesses, offering advanced modules for financial management, supply chain management, and customer relationship management. |
| Sage X3 | A global ERP system designed for large and complex businesses, offering advanced modules for financial management, supply chain management, and manufacturing operations. |
| Business Intelligence and Analytics | A suite of business intelligence and analytics tools designed to provide real-time insights and data visualization, enabling informed business decisions. |
| Cloud Hosting and IT Services | A range of cloud hosting and IT services designed to provide secure, scalable, and reliable infrastructure solutions for businesses. |
| Implementation and Consulting Services | A range of implementation and consulting services designed to help businesses optimize their ERP systems, improve operational efficiency, and enhance ROI. |
SilverSun Technologies, Inc.'s Porter Forces
Threat Of Substitutes
SilverSun Technologies, Inc. faces moderate threat from substitutes due to the availability of alternative software solutions.
Bargaining Power Of Customers
SilverSun Technologies, Inc. has a large customer base, giving customers significant bargaining power.
Bargaining Power Of Suppliers
SilverSun Technologies, Inc. has a diverse supplier base, reducing the bargaining power of individual suppliers.
Threat Of New Entrants
The software industry has moderate barriers to entry, making it moderately difficult for new entrants to compete with SilverSun Technologies, Inc.
Intensity Of Rivalry
The software industry is highly competitive, with many established players, leading to a high intensity of rivalry for SilverSun Technologies, Inc.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 22.04% |
| Debt Cost | 3.95% |
| Equity Weight | 77.96% |
| Equity Cost | 14.60% |
| WACC | 12.25% |
| Leverage | 28.28% |
SilverSun Technologies, Inc. : Quality Control
SilverSun Technologies, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| IMMR | Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in … |
| DJCO | Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general … |
| PLUS | ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It … |
| YOU | Clear Secure, Inc. provides a member-centric secure identity platform in the United States. The company's secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking. … |
| UPBD | Upbound Group, Inc., an omni-channel platform company, leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. The company operates in four … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Immersion
A-Score
1-Year Total Return ->
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Upbound
A-Score
1-Year Total Return ->
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Clear Secure
A-Score
1-Year Total Return ->
4
ePlus
A-Score
1-Year Total Return ->
5
Daily Journal
A-Score
1-Year Total Return ->
6
