News stories about Shotspotter (NASDAQ:SSTI) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Shotspotter earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.6730578017309 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
SSTI has been the subject of several research analyst reports. Zacks Investment Research lowered shares of Shotspotter from a “buy” rating to a “hold” rating in a report on Friday, September 22nd. Roth Capital raised their target price on shares of Shotspotter from $18.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Imperial Capital set a $20.00 price target on shares of Shotspotter and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, Northland Securities reissued a “buy” rating and set a $20.00 price target on shares of Shotspotter in a research report on Friday, November 10th.
Shotspotter (SSTI) traded up $0.08 during trading hours on Friday, reaching $16.30. 34,769 shares of the company’s stock were exchanged, compared to its average volume of 148,738. The company has a market cap of $158.01 and a P/E ratio of -19.18. Shotspotter has a fifty-two week low of $9.33 and a fifty-two week high of $20.15.
Shotspotter (NASDAQ:SSTI) last issued its quarterly earnings results on Tuesday, November 7th. The company reported ($0.12) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.02. The business had revenue of $6.80 million for the quarter, compared to analysts’ expectations of $5.66 million. During the same quarter in the prior year, the business earned ($0.96) EPS. The company’s revenue was up 70.0% compared to the same quarter last year. equities research analysts expect that Shotspotter will post -0.6 EPS for the current year.
In other Shotspotter news, major shareholder Motorola Solutions, Inc. sold 949,779 shares of the business’s stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $15.00, for a total value of $14,246,685.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Alan R. Stewart purchased 3,000 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was bought at an average price 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, 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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