Headlines about Shotspotter (NASDAQ:SSTI) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Shotspotter earned a news impact score of 0.17 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.8830964625675 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities analysts recently issued reports on SSTI shares. Zacks Investment Research downgraded Shotspotter from a “buy” rating to a “hold” rating in a research report on Friday, September 22nd. Roth Capital increased their price target on Shotspotter from $18.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Imperial Capital set a $20.00 price target on Shotspotter and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, Northland Securities reaffirmed a “buy” rating and set a $20.00 price target on shares of Shotspotter in a research report on Friday, November 10th.
Shares of Shotspotter (NASDAQ:SSTI) traded up $0.87 on Monday, reaching $15.53. The company’s stock had a trading volume of 182,700 shares, compared to its average volume of 114,675. The firm has a market cap of $153.86 and a P/E ratio of -18.27. Shotspotter has a 12 month low of $9.33 and a 12 month high of $20.15.
Shotspotter (NASDAQ:SSTI) last announced its quarterly earnings results on Tuesday, November 7th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.02. The company had revenue of $6.80 million for the quarter, compared to analyst estimates of $5.66 million. Shotspotter’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.96) earnings per share. equities research analysts anticipate that Shotspotter will post -0.6 EPS for the current year.
In other news, insider Ralph A. Clark bought 2,000 shares of the stock in a transaction dated Monday, December 11th. The shares were acquired at an average cost of $14.27 per share, with a total value of $28,540.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Alan R. Stewart bought 3,000 shares of the stock in a transaction dated Wednesday, December 6th. The shares were purchased at an average cost of $13.53 per share, for a total transaction of $40,590.00. The disclosure for this purchase can be found here.
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Shotspotter Company Profile
ShotSpotter, Inc is engaged in designing and delivering gunfire alert and analysis solutions. The Company offers its software solutions on a SaaS-based subscription model. It has one operating segment with one business activity, providing gunshot detection systems. Its safety solutions include ShotSpotter Flex, ShotSpotter (SST) SecureCampus and ShotSpotter SiteSecure.
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