Equities research analysts expect Shotspotter Inc (NASDAQ:SSTI) to report earnings per share of ($0.13) for the current quarter, Zacks reports. Three analysts have made estimates for Shotspotter’s earnings. The business is expected to report its next quarterly earnings report on Tuesday, May 15th.
According to Zacks, analysts expect that Shotspotter will report full-year earnings of ($0.11) per share for the current year. For the next financial year, analysts forecast that the firm will report earnings of $0.28 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Shotspotter.
Shotspotter (NASDAQ:SSTI) last released its earnings results on Tuesday, February 20th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.19). The firm had revenue of $6.52 million during the quarter, compared to the consensus estimate of $5.96 million. Shotspotter’s revenue for the quarter was up 43.2% compared to the same quarter last year.
In other Shotspotter news, VP Joseph O. Hawkins sold 1,911 shares of the stock in a transaction on Monday, March 12th. The stock was sold at an average price of $22.04, for a total transaction of $42,118.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Alan R. Stewart acquired 3,000 shares of Shotspotter stock in a transaction on Friday, February 23rd. The shares were purchased at an average cost of $17.29 per share, with a total value of $51,870.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 990,690 shares of company stock valued at $15,029,583.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. grew its holdings in Shotspotter by 2.4% during the third quarter. Russell Investments Group Ltd. now owns 206,412 shares of the company’s stock valued at $2,776,000 after purchasing an additional 4,931 shares during the period. Tower Research Capital LLC TRC grew its holdings in Shotspotter by 3,457.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,968 shares of the company’s stock valued at $112,000 after purchasing an additional 7,744 shares during the period. Virtu Financial LLC bought a new position in Shotspotter during the fourth quarter valued at $160,000. Goldman Sachs Group Inc. bought a new position in Shotspotter during the second quarter valued at $181,000. Finally, Archon Capital Management LLC bought a new position in Shotspotter during the third quarter valued at $227,000. 42.52% of the stock is owned by institutional investors and hedge funds.
Shotspotter (NASDAQ:SSTI) traded up $0.06 during mid-day trading on Thursday, hitting $22.09. The stock had a trading volume of 116,304 shares, compared to its average volume of 140,407. The company has a market capitalization of $213.09 and a price-to-earnings ratio of -21.04. Shotspotter has a 52 week low of $9.33 and a 52 week high of $22.45.
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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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