NEW YORK (TheStreet) --Shares of Advent Software Inc. are higher by 7.63% to $40.79 on heavy volume in mid-afternoon trading on Wednesday, due to a Bloomberg report suggesting SS&C Technologies Holdings Inc. is interested in buying the company for almost $2.3 billion. Advent Software offers software and services that automate workflows and data across a variety of investment management organizations. SS&C Technologies provides investment and financial software enabled services to the financial services industry. SS&C is looking to acquire Advent for about $45 per share, sources told Bloomberg. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. If SS&C were to buy Advent it would be the company's largest purchase, topping an $814 million acquisition made in 2012, Bloomberg added. Shares of SS&C are higher by 5.26% to $56.25 this afternoon. Separately, TheStreet Ratings team rates ADVENT SOFTWARE INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation: "We rate ADVENT SOFTWARE INC (ADVS) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year." Highlights from the analysis by TheStreet Ratings Team goes as follows: The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Software industry average. The net income increased by 22.1% when compared to the same quarter one year prior, going from $9.81 million to $11.98 million. ADVS's revenue growth trails the industry average of 26.1%. Since the same quarter one year prior, revenues slightly increased by 2.3%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share. The gross profit margin for ADVENT SOFTWARE INC is currently very high, coming in at 74.37%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 12.10% trails the industry average. ADVENT SOFTWARE INC has improved earnings per share by 22.2% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, ADVENT SOFTWARE INC reported lower earnings of $0.53 versus $0.59 in the prior year. This year, the market expects an improvement in earnings ($1.43 versus $0.53). In its most recent trading session, ADVS has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry, implying reduced upside potential. You can view the full analysis from the report here: ADVS Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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