Should I buy or sell SoundThinking stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SoundThinking in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SSTI shares. View SSTI analyst ratings or view top-rated stocks .

What is SoundThinking's stock price target for 2024?

3 equities research analysts have issued 1 year price objectives for SoundThinking's stock. Their SSTI share price targets range from $22.00 to $50.00. On average, they anticipate the company's share price to reach $36.40 in the next year. This suggests a possible upside of 168.2% from the stock's current price. View analysts price targets for SSTI or view top-rated stocks among Wall Street analysts .

How have SSTI shares performed in 2024?

SoundThinking's stock was trading at $25.54 at the beginning of the year. Since then, SSTI shares have decreased by 46.9% and is now trading at $13.57. View the best growth stocks for 2024 here .

When is SoundThinking's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our SSTI earnings forecast .

How were SoundThinking's earnings last quarter?

SoundThinking, Inc. (NASDAQ:SSTI) announced its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.14. The business had revenue of $26.05 million for the quarter, compared to analyst estimates of $25.97 million. SoundThinking had a negative net margin of 2.93% and a negative trailing twelve-month return on equity of 11.69%.

What guidance has SoundThinking issued on next quarter's earnings?

SoundThinking issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $104.0 million-$106.0 million, compared to the consensus revenue estimate of $105.4 million.

What is Ralph Clark's approval rating as SoundThinking's CEO?

10 employees have rated SoundThinking Chief Executive Officer Ralph Clark on Glassdoor.com . Ralph Clark has an approval rating of 100% among the company's employees. This puts Ralph Clark in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SoundThinking own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SoundThinking investors own include Cronos Group (CRON) , Alibaba Group (BABA) , NVIDIA (NVDA) , Block (SQ) , Okta (OKTA) , QUALCOMM (QCOM) , Alteryx (AYX) , iQIYI (IQ) , PayPal (PYPL) and Twilio (TWLO) .

When did SoundThinking IPO?

SoundThinking (SSTI) raised $31 million in an initial public offering on Wednesday, June 7th 2017. The company issued 2,800,000 shares at a price of $10.00-$12.00 per share. Roth Capital Partners and Northland Capital Markets served as the underwriters for the IPO and Imperial Capital was co-manager.

How do I buy shares of SoundThinking?

Shares of SSTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SSTI

SoundThinking (SSTI) Stock Price, News & Analysis

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$13.33

-0.04 (-0.30%)

(As of 04:21 PM ET)

Compare

Today's Range: $13.04
▼
$13.64
50-Day Range: $13.31
▼
$21.50
52-Week Range: $13.04
▼
$32.04

Volume: 73,410 shs
Average Volume: 57,949 shs
Market Capitalization: $170.49 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $36.40

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SoundThinking MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 168.2% Upside
$36.40 Price Target
Short Interest: Healthy
1.52% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$54,459 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.19) to ($0.07) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.11 out of 5 stars

Industrial Products Sector

87th out of 168 stocks

Prepackaged Software Industry

94th out of 197 stocks

3.5

Analyst's Opinion

Consensus Rating
SoundThinking has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
SoundThinking has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.52% of the float of SoundThinking has been sold short.
Short Interest Ratio / Days to Cover
SoundThinking has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SoundThinking has recently decreased by 13.67%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
SoundThinking does not currently pay a dividend.
Dividend Growth
SoundThinking does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SSTI.

2.2

News and Social Media Coverage

News Sentiment
SoundThinking has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Industrial Products companies.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SoundThinking insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $54,459.00 in company stock.
Percentage Held by Insiders
Only 7.70% of the stock of SoundThinking is held by insiders.
Percentage Held by Institutions
60.74% of the stock of SoundThinking is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for SoundThinking are expected to grow in the coming year, from ($0.19) to ($0.07) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SoundThinking is -56.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SoundThinking is -56.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SoundThinking has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About SoundThinking Stock (NASDAQ:SSTI)

SoundThinking, Inc., a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes. It offers ShotSpotter, an acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; and ResourceRouter, a software that directs patrol and community anti-violence resources to help maximize their impact. The company sells its solutions through its direct sales teams. The company was formerly known as ShotSpotter, Inc. and changed its name to SoundThinking, Inc. in April 2023. SoundThinking, Inc. was founded in 1996 and is headquartered in Fremont, California.

SSTI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SSTI Stock News Headlines

April 11, 2024 | investorplace.com

Wall Street Favorites: 3 Under-$20 Stocks With Strong Buy Ratings for April 2024

April 10, 2024 | finance.yahoo.com

A Look At The Fair Value Of SoundThinking, Inc. (NASDAQ:SSTI)

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 4, 2024 | investorplace.com

Mighty Micro-Cap Stocks: 7 Tiny Companies Packing Enormous Potential

March 22, 2024 | finance.yahoo.com

SoundThinking, Inc. (SSTI) Stock Historical Prices & Data - Yahoo Finance

March 20, 2024 | finance.yahoo.com

Is Now An Opportune Moment To Examine SoundThinking, Inc. (NASDAQ:SSTI)?

March 13, 2024 | globenewswire.com

SoundThinking Announces 7 New and Expanded ShotSpotter Deployments Nationwide

March 4, 2024 | investorplace.com

Unleash Your Inner Bull: 3 Stocks for Aggressive Growth

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

February 29, 2024 | globenewswire.com

SoundThinking Announces Investor Events for March

February 28, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: SoundThinking Inc (SSTI) and Nerdy (NRDY)

February 28, 2024 | finance.yahoo.com

ShotSpotter, Inc. (NASDAQ:SSTI) Q4 2023 Earnings Call Transcript

February 28, 2024 | markets.businessinsider.com

Buy Rating Affirmed for SoundThinking Inc. Amidst Strong Demand and Expansion, Despite Revenue Miss

February 27, 2024 | benzinga.com

SoundThinking: Q4 Earnings Insights

February 27, 2024 | finance.yahoo.com

SoundThinking Inc (SSTI) Achieves Record Quarterly Revenues, Sets Positive Outlook for FY 2024

February 27, 2024 | globenewswire.com

SoundThinking, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

February 25, 2024 | finance.yahoo.com

SSTI Mar 2024 17.500 call

February 21, 2024 | msn.com

3 Best Stocks to Buy Now, 2/21/2024, According to Top Analysts

February 20, 2024 | globenewswire.com

SoundThinking Sets Fourth Quarter and Full Year 2023 Conference Call Date and Announces Investor Day

February 19, 2024 | finance.yahoo.com

SoundThinking (SSTI) Rose on Some Positive News

February 16, 2024 | msn.com

Strength Seen in SoundThinking (SSTI): Can Its 9.5% Jump Turn into More Strength?

February 13, 2024 | msn.com

SoundThinking plunges on reports Chicago ending ShotSpotter contract

December 15, 2023 | finance.yahoo.com

SoundThinking (NASDAQ:SSTI) shareholders have endured a 28% loss from investing in the stock three years ago

December 14, 2023 | finance.yahoo.com

SoundThinking Expands into Latin America with Launch of ShotSpotter in Montevideo, Uruguay

December 5, 2023 | finance.yahoo.com

SoundThinking Sets Upcoming Financial Conference Schedule

November 28, 2023 | finance.yahoo.com

SoundThinking Commemorates Giving Tuesday with Donation to Officer Down Memorial Page (ODMP)

November 24, 2023 | benzinga.com

SoundThinking Stock (NASDAQ:SSTI), Analyst Ratings, Price Targets, Predictions

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:SSTI
CUSIP: N/A
CIK: 1351636
Web: www.shotspotter.com
Phone: (510) 794-3100
Fax: 650-887-2106
Employees: 213
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $36.40
High Stock Price Target: $50.00
Low Stock Price Target: $22.00
Potential Upside/Downside: +168.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.24)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-2,720,000.00
Net Margins: -2.93%
Pretax Margin: -1.63%
Return on Equity: -11.69%
Return on Assets: -6.16%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.67
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: $92.72 million
Price / Sales: 1.87
Cash Flow: $0.24 per share
Price / Cash Flow: 56.42
Book Value: $5.88 per share
Price / Book: 2.31

Miscellaneous

Outstanding Shares: 12,790,000
Free Float: 11,802,000
Market Cap: $173.56 million
Optionable: Optionable
Beta: 1.21

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Key Executives

Mr. Ralph A. Clark (Age 65)
President, CEO & Director
Comp: $801.51k
Mr. Alan R. Stewart (Age 60)
Chief Financial Officer
Comp: $528.64k
Ms. Nasim Golzadeh (Age 49)
MD of TechnoLogic & Executive VP of Engineering for Investigative Solutions
Comp: $430.4k
Dr. Robert L. Showen Ph.D.
Founder & Chief Scientist
Mr. Jason Dunham
Founder
Mr. Paul S. Ames (Age 65)
Senior Vice President of Products & Technology
Comp: $220k
Mr. Robert Samuel Klepper (Age 58)
Senior VP of Product Management & Corporate Development
Comp: $310.6k
Mr. Gregg Makuch
Senior Vice President of Marketing
Ms. Erin Edwards
Senior VP of Sales
Ms. Anne Mueller
Senior Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SSTI Stock Analysis - Frequently Asked Questions

Should I buy or sell SoundThinking stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SoundThinking in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SSTI shares.
View SSTI analyst ratings or view top-rated stocks.
What is SoundThinking's stock price target for 2024?: 3 equities research analysts have issued 1 year price objectives for SoundThinking's stock. Their SSTI share price targets range from $22.00 to $50.00. On average, they anticipate the company's share price to reach $36.40 in the next year. This suggests a possible upside of 168.2% from the stock's current price.
View analysts price targets for SSTI or view top-rated stocks among Wall Street analysts.
How have SSTI shares performed in 2024?: SoundThinking's stock was trading at $25.54 at the beginning of the year. Since then, SSTI shares have decreased by 46.9% and is now trading at $13.57.
View the best growth stocks for 2024 here.
When is SoundThinking's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SSTI earnings forecast.
How were SoundThinking's earnings last quarter?: SoundThinking, Inc. (NASDAQ:SSTI) announced its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.14. The business had revenue of $26.05 million for the quarter, compared to analyst estimates of $25.97 million. SoundThinking had a negative net margin of 2.93% and a negative trailing twelve-month return on equity of 11.69%.
What guidance has SoundThinking issued on next quarter's earnings?: SoundThinking issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $104.0 million-$106.0 million, compared to the consensus revenue estimate of $105.4 million.

What is Ralph Clark's approval rating as SoundThinking's CEO?: 10 employees have rated SoundThinking Chief Executive Officer Ralph Clark on Glassdoor.com. Ralph Clark has an approval rating of 100% among the company's employees. This puts Ralph Clark in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of SoundThinking own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SoundThinking investors own include Cronos Group (CRON), Alibaba Group (BABA), NVIDIA (NVDA), Block (SQ), Okta (OKTA), QUALCOMM (QCOM), Alteryx (AYX), iQIYI (IQ), PayPal (PYPL) and Twilio (TWLO).
When did SoundThinking IPO?: SoundThinking (SSTI) raised $31 million in an initial public offering on Wednesday, June 7th 2017. The company issued 2,800,000 shares at a price of $10.00-$12.00 per share. Roth Capital Partners and Northland Capital Markets served as the underwriters for the IPO and Imperial Capital was co-manager.
How do I buy shares of SoundThinking?: Shares of SSTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SSTI) was last updated on 4/19/2024 by MarketBeat.com Staff

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SoundThinking (SSTI) Stock Price, News & Analysis

SoundThinking MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Company Ownership

Earnings and Valuation

About SoundThinking Stock (NASDAQ:SSTI)

SSTI Stock Price History

SSTI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SSTI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™