Roth Capital Has Just Reaffirmed $43.0000 Target Price Per Share on Shotspotter Inc (SSTI) stock, While They’ve Also Reiterated Their Buy Rating

May 10, 2018 - By Vivian Park

Shotspotter Inc (SSTI) Rating Reaffirmed

Shotspotter Inc (SSTI) just had their share rating of a ‘Buy’ issued by research analysts at Roth Capital, who now has a $43.0000 target price on the $306.54M market cap company or a 48.69 % upside potential. This key information was shown in an analyst report on Wednesday morning.

ShotSpotter, Inc. (NASDAQ:SSTI) Ratings Coverage

Among 3 analysts covering ShotSpotter (SSTI), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ShotSpotter has $40 highest and $19.75 lowest target. $33’s average target is 14.11% above currents $28.92 stock price. ShotSpotter had 4 analyst reports since November 15, 2017 according to SRatingsIntel. The stock of ShotSpotter, Inc. (NASDAQ:SSTI) earned “Buy” rating by Roth Capital on Monday, March 26. The firm has “Outperform” rating given on Thursday, February 22 by Imperial Capital. The rating was maintained by Imperial Capital with “Outperform” on Wednesday, November 15.

The stock decreased 4.99% or $1.52 during the last trading session, reaching $28.92. About 144,350 shares traded. ShotSpotter, Inc. (SSTI) has 0.00% since May 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await ShotSpotter, Inc. (NASDAQ:SSTI) to report earnings on May, 15. After $-0.26 actual EPS reported by ShotSpotter, Inc. for the previous quarter, Wall Street now forecasts -34.62 % EPS growth.

ShotSpotter, Inc. provides software-as-a-service based gunshot detection solutions for law enforcement officials and security personnel worldwide. The company has market cap of $306.54 million. The Company’s solutions include ShotSpotter Flex, an outdoor public safety solution for cities and municipalities to identify, locate, and deter gun violence by incorporating a real-time gunshot detection system into their policing systems; and SST SecureCampus and ShotSpotter SiteSecure that helps the law enforcement and security personnel serving universities, colleges, and other educational institutions to mitigate risk and enhance security by notifying authorities and first responders of an active-shooter. It currently has negative earnings. The firm serves public safety clients and higher-education campuses through direct sales teams.

More notable recent ShotSpotter, Inc. (NASDAQ:SSTI) news were published by: Nasdaq.com which released: “ShotSpotter Study Reveals More than 4800 Gunshots Near US Public K-12 Schools in 2017” on April 10, 2018, also Nasdaq.com with their article: “ShotSpotter Sets First Quarter 2018 Conference Call for Tuesday, May 8, 2018 at 4:30 pm ET” published on April 17, 2018, Globenewswire.com published: “ShotSpotter Reports First Quarter 2018 Financial Results” on May 08, 2018. More interesting news about ShotSpotter, Inc. (NASDAQ:SSTI) were released by: Nasdaq.com and their article: “SST and UMC Announce Qualification of Embedded SuperFlash® Technology on 40 nm CMOS Process” published on April 30, 2018 as well as Nasdaq.com‘s news article titled: “Chicago Expands ShotSpotter Coverage Area to More Than 100 Square Miles” with publication date: May 03, 2018.

ShotSpotter, Inc. (NASDAQ:SSTI) Ratings Chart

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