Long-Time Horizon Analysis of SoundThinking Inc (SSTI) Stock

SoundThinking Inc [SSTI] stock is trading at $13.44, down -0.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SSTI shares have gain 17.28% over the last week, with a monthly amount glided 19.57%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, William Blair downgraded its rating to Mkt Perform on May 17, 2024. On June 28, 2023, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $31 on the stock. Imperial Capital downgraded its rating to a In-line but stick to its price target of $45 on May 10, 2023. Craig Hallum downgraded its rating to a Hold and reduced its price target to $30 on April 06, 2023. JMP Securities upgraded its rating to Mkt Outperform for this stock on October 19, 2022, but kept the price target unchanged to $42. In a note dated August 10, 2022, Lake Street upgraded an Buy rating on this stock but restated the target price of $38.

SoundThinking Inc [SSTI] stock has fluctuated between $9.33 and $26.92 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. SoundThinking Inc [NASDAQ: SSTI] shares were valued at $13.44 at the most recent close of the market. An investor can expect a potential return of 33.93% based on the average SSTI price forecast.

Analyzing the SSTI fundamentals

SoundThinking Inc [NASDAQ:SSTI] reported sales of 104.67M for the trailing twelve months, which represents a growth of 9.48%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.02 points at the first support level, and at 12.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.83, and for the 2nd resistance point, it is at 14.22.

Ratios To Look Out For

For context, SoundThinking Inc’s Current Ratio is 0.75. In addition, the Quick Ratio stands at 0.75 and the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 2.30.

Transactions by insiders

Recent insider trading involved Klepper Robert Samuel, Officer, that happened on Nov 22 ’24 when 14000.0 shares were purchased., Golzadeh Nasim completed a deal on Nov 19 ’24 to sell 415.0 shares. Meanwhile, President and CEO Clark Ralph A. sold 574.0 shares on Nov 19 ’24.

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