SoundThinking Inc Q3 2024 Earnings Report Preview What to Expect

SSTI Stock  USD 12.98  0.46  3.42%   
Under 67% of Shotspotter's investor base is looking to short. The analysis of the overall prospects from investing in Shotspotter suggests that many traders are, at the present time, alarmed. Shotspotter's investing sentiment shows overall attitude of investors towards Shotspotter.
  
SoundThinking Inc is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is 25.98 million, and the earnings

Read at gurufocus.com
Gurufocus Stories at Macroaxis
  

Shotspotter Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Shotspotter can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Shotspotter Fundamental Analysis

We analyze Shotspotter's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shotspotter using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shotspotter based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Sales

Price To Sales Comparative Analysis

Shotspotter is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Shotspotter Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shotspotter stock to make a market-neutral strategy. Peer analysis of Shotspotter could also be used in its relative valuation, which is a method of valuing Shotspotter by comparing valuation metrics with similar companies.

Peers

Shotspotter Related Equities

EGANEGain   3.90   
0%
100.0%
MLNKMeridianlink   1.88   
0%
48.0%
RSSSResearch Solutions   1.46   
0%
37.0%
ONTFON24   0.46   
0%
11.0%
ISDRIssuer Direct   0.20   
0%
5.0%
BLKBBlackbaud   0.34   
8.0%
0%
PYCRPaycor HCM   0.39   
10.0%
0%
PROPROS Holdings   0.43   
11.0%
0%
ENFNEnfusion   0.80   
20.0%
0%
ETWOE2open Parent   0.98   
25.0%
0%

Complementary Tools for Shotspotter Stock analysis

When running Shotspotter's price analysis, check to measure Shotspotter's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shotspotter is operating at the current time. Most of Shotspotter's value examination focuses on studying past and present price action to predict the probability of Shotspotter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shotspotter's price. Additionally, you may evaluate how the addition of Shotspotter to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Fundamental Analysis
View fundamental data based on most recent published financial statements
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins