NASDAQ:SSTI SoundThinking (SSTI) Stock Forecast, Price & News $18.13 -0.22 (-1.20%) (As of 02:12 PM ET) Add Compare Share Share Today's Range$17.92▼$19.6050-Day Range$17.89▼$23.9152-Week Range$15.63▼$39.46Volume27,024 shsAverage Volume57,169 shsMarket Capitalization$221.73 millionP/E RatioN/ADividend YieldN/APrice Target$38.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SoundThinking MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside112.2% Upside$38.88 Price TargetShort InterestHealthy2.19% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$29,976 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.36) to $0.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.23 out of 5 starsIndustrial Products Sector100th out of 180 stocksPrepackaged Software Industry91st out of 204 stocks 3.4 Analyst's Opinion Consensus RatingSoundThinking has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.88, SoundThinking has a forecasted upside of 112.2% from its current price of $18.32.Amount of Analyst CoverageSoundThinking has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.19% of the float of SoundThinking has been sold short.Short Interest Ratio / Days to CoverSoundThinking has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SoundThinking has recently decreased by 11.74%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSoundThinking does not currently pay a dividend.Dividend GrowthSoundThinking does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SSTI. Previous Next 1.1 News and Social Media Coverage Search Interest2 people have searched for SSTI on MarketBeat in the last 30 days. MarketBeat Follows1 people have added SoundThinking to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $29,976.00 in company stock.Percentage Held by InsidersOnly 7.70% of the stock of SoundThinking is held by insiders.Percentage Held by Institutions64.82% of the stock of SoundThinking is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SoundThinking are expected to grow in the coming year, from ($0.36) to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SoundThinking is -140.92, 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. SectorThe P/E ratio of SoundThinking is -140.92, 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 RatioSoundThinking has a P/B Ratio of 3.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SoundThinking (NASDAQ:SSTI) StockSoundThinking, 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.Read More SSTI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SSTI Stock News HeadlinesSeptember 14, 2023 | stockhouse.comSoundThinking Unveils ShotCast(TM): Supporting Public Information Officers and News Media with Key Details on Gunfire IncidentsSeptember 14, 2023 | finance.yahoo.comSoundThinking Unveils ShotCast™: Supporting Public Information Officers and News Media with Key Details on Gunfire IncidentsSeptember 25, 2023 | UNKNOWN (Ad)Top Wellness Nasdaq Stock for 2023Cutting-Edge Ai-Based Technology Is Set to Disrupt the Womens Wellness SpaceAugust 31, 2023 | finance.yahoo.comSoundThinking Announces Expansion of its Leadership TeamAugust 24, 2023 | msn.comRoth MKM Reiterates SoundThinking (SSTI) Buy RecommendationAugust 22, 2023 | finance.yahoo.comSoundThinking Acquires Intelligent Weapons Detection Provider, SafePointeAugust 15, 2023 | finance.yahoo.comSoundThinking, Inc. Releases Second ESG Report: Addressing and Enabling Equitable Outcomes for Public Safety and Social GoodAugust 12, 2023 | finance.yahoo.comSoundThinking, Inc.'s (NASDAQ:SSTI) Intrinsic Value Is Potentially 37% Above Its Share PriceSeptember 25, 2023 | UNKNOWN (Ad)Top Wellness Nasdaq Stock for 2023Cutting-Edge Ai-Based Technology Is Set to Disrupt the Womens Wellness SpaceAugust 10, 2023 | finance.yahoo.comSoundThinking Announces ResourceRouter Community - Technology to Empower Violence Prevention StrategiesAugust 10, 2023 | finance.yahoo.comShould You Hold SoundThinking (SSTI)?August 8, 2023 | finance.yahoo.comSoundThinking, Inc. Reports Second Quarter 2023 Financial ResultsAugust 1, 2023 | finance.yahoo.comFort Lauderdale Community-Based and Public Health Groups to Benefit From SoundThinking’s Data For Good ProgramJuly 25, 2023 | finance.yahoo.comSoundThinking Unveils New CrimeTracer Updates: Better Investigative Workflow and Information Sharing for Law Enforcement AgenciesJuly 24, 2023 | finance.yahoo.comSoundThinking Sets Second Quarter 2023 Conference Call for Tuesday, August 8, 2023 at 4:30 p.m. ETJuly 19, 2023 | finance.yahoo.comSoundThinking Recognized as a Top 100 Fastest-Growing Middle Market Company by San Francisco Business TimesJuly 13, 2023 | msn.comBRC vs. SSTI: Which Stock Is the Better Value Option?June 28, 2023 | msn.comCantor Fitzgerald Initiates Coverage of SoundThinking (SSTI) with Overweight RecommendationJune 28, 2023 | finance.yahoo.comThe past five years for SoundThinking (NASDAQ:SSTI) investors has not been profitableJune 1, 2023 | finance.yahoo.comLeading Public Safety Solution Provider SoundThinking Observes National Gun Violence Awareness Day And Wear Orange WeekendJune 1, 2023 | finance.yahoo.comLeading Public Safety Solution Provider SoundThinking Observes National Gun Violence Awareness Day And Wear Orange WeekendMay 27, 2023 | wsj.comSoundThinking Inc.May 25, 2023 | finance.yahoo.comSoundThinking (SSTI) Benefitted from Multiple TailwindsMay 11, 2023 | msn.comSoundThinking Q1 results miss estimates, co cuts FY 2023 revenue guidanceMay 11, 2023 | washingtonpost.comSoundThinking: Q1 Earnings SnapshotMay 9, 2023 | finance.yahoo.comSoundThinking, Inc. Reports First Quarter 2023 Financial ResultsMay 5, 2023 | finance.yahoo.comA Piece Of The Puzzle Missing From SoundThinking, Inc.'s (NASDAQ:SSTI) Share PriceSee More Headlines Receive SSTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SoundThinking and its competitors with MarketBeat's FREE daily newsletter. Email Address SSTI Company Calendar Last Earnings8/08/2023Today9/25/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:SSTI CUSIPN/A CIK1351636 Webwww.shotspotter.com Phone(510) 794-3100Fax650-887-2106Employees213Year FoundedN/APrice Target and Rating Average Stock Price Forecast$38.88 High Stock Price Forecast$50.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+113.4%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.13) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$6.39 million Net Margins-1.82% Pretax Margin0.01% Return on Equity-13.49% Return on Assets-7.00% Debt Debt-to-Equity RatioN/A Current Ratio0.73 Quick Ratio0.73 Sales & Book Value Annual Sales$81 million Price / Sales2.75 Cash Flow$0.53 per share Price / Cash Flow34.27 Book Value$5.00 per share Price / Book3.64Miscellaneous Outstanding Shares12,230,000Free Float11,287,000Market Cap$222.83 million OptionableNot Optionable Beta1.36 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Ralph A. Clark (Age 64)Pres, CEO & Director Comp: $801.51kMr. Alan R. Stewart (Age 59)Chief Financial Officer Comp: $528.64kMs. Nasim Golzadeh (Age 48)MD of TechnoLogic & Exec. VP of Investigative Solutions Comp: $430.4kDr. Robert L. Showen Ph.D.Founder & Chief ScientistDr. Robert CalhounFounderMr. Jason DunhamFounderMr. Paul S. Ames (Age 64)Sr. VP of Products & Technology Mr. Gary T. Bunyard (Age 64)Sr. VP of Sales Mr. Robert Samuel Klepper (Age 57)Sr. VP of Products & Corp Dev. Ms. Anne MuellerSr. VP of HRMore ExecutivesKey CompetitorsPark-OhioNASDAQ:PKOHMarkforgedNYSE:MKFGQuad/GraphicsNYSE:QUADCompX InternationalNYSE:CIXGencor IndustriesNASDAQ:GENCView All CompetitorsInsiders & InstitutionsBarclays PLCSold 1,095 shares on 9/21/2023Ownership: 0.028%Nasim GolzadehSold 153 sharesTotal: $3,254.31 ($21.27/share)Gary T BunyardSold 111 sharesTotal: $2,359.86 ($21.26/share)Nasim GolzadehSold 112 sharesTotal: $2,439.36 ($21.78/share)Gary T BunyardSold 94 sharesTotal: $2,050.14 ($21.81/share)View All Insider TransactionsView All Institutional Transactions SSTI Stock - Frequently Asked Questions Should I buy or sell SoundThinking stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SoundThinking in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SSTI shares. View SSTI analyst ratings or view top-rated stocks. What is SoundThinking's stock price forecast for 2023? 6 Wall Street research analysts have issued 12-month price objectives for SoundThinking's stock. Their SSTI share price forecasts range from $22.00 to $50.00. On average, they expect the company's stock price to reach $38.88 in the next twelve months. This suggests a possible upside of 113.4% 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 2023? SoundThinking's stock was trading at $33.83 at the beginning of 2023. Since then, SSTI shares have decreased by 46.1% and is now trading at $18.22. View the best growth stocks for 2023 here. When is SoundThinking's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our SSTI earnings forecast. How were SoundThinking's earnings last quarter? SoundThinking, Inc. (NASDAQ:SSTI) announced its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of $0.01 by $0.29. The firm earned $22.08 million during the quarter, compared to the consensus estimate of $22.35 million. SoundThinking had a negative net margin of 1.82% and a negative trailing twelve-month return on equity of 13.49%. What guidance has SoundThinking issued on next quarter's earnings? SoundThinking issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $92.00 million-$94.00 million, compared to the consensus revenue estimate of $92.57 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? (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. What is SoundThinking's stock symbol? SoundThinking trades on the NASDAQ under the ticker symbol "SSTI." Who are SoundThinking's major shareholders? SoundThinking's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Granahan Investment Management LLC (5.47%), BlackRock Inc. (5.12%), Bares Capital Management Inc. (4.85%), EVR Research LP (4.58%), Geode Capital Management LLC (1.49%) and State Street Corp (1.48%). Insiders that own company stock include Alan R Stewart, Gary T Bunyard, Joseph O Hawkins, Joseph O Hawkins, Merline Saintil, Nasim Golzadeh, Pascal Levensohn, Paul S Ames, Ralph A Clark, Randall Hawks, Regan Davis, Robert Samuel Klepper and Thomas T Groos. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SoundThinking's stock price today? One share of SSTI stock can currently be purchased for approximately $18.22. How much money does SoundThinking make? SoundThinking (NASDAQ:SSTI) has a market capitalization of $222.83 million and generates $81 million in revenue each year. The company earns $6.39 million in net income (profit) each year or ($0.13) on an earnings per share basis. How many employees does SoundThinking have? The company employs 213 workers across the globe. How can I contact SoundThinking? SoundThinking's mailing address is 7979 GATEWAY BLVD. STE. 210, NEWARK CA, 94560. The official website for the company is www.shotspotter.com. The company can be reached via phone at (510) 794-3100, via email at matt@liolios.com, or via fax at 650-887-2106. This page (NASDAQ:SSTI) was last updated on 9/25/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SoundThinking, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.