SoundThinking (NASDAQ:SSTI – Get Free Report) is one of 953 publicly-traded companies in the “Software” industry, but how does it compare to its competitors? We will compare SoundThinking to similar companies based on the strength of its profitability, earnings, analyst recommendations, dividends, valuation, institutional ownership and risk.
Institutional & Insider Ownership
60.7% of SoundThinking shares are held by institutional investors. Comparatively, 41.8% of shares of all “Software” companies are held by institutional investors. 10.9% of SoundThinking shares are held by insiders. Comparatively, 19.9% of shares of all “Software” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for SoundThinking and its competitors, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| SoundThinking | 1 | 8 | 0 | 0 | 1.89 |
| SoundThinking Competitors | 5729 | 21455 | 44750 | 1492 | 2.57 |
SoundThinking currently has a consensus price target of $9.79, indicating a potential upside of 17.48%. As a group, “Software” companies have a potential upside of 26.59%. Given SoundThinking’s competitors stronger consensus rating and higher probable upside, analysts clearly believe SoundThinking has less favorable growth aspects than its competitors.
Volatility and Risk
SoundThinking has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500. Comparatively, SoundThinking’s competitors have a beta of 1.34, meaning that their average share price is 34% more volatile than the S&P 500.
Earnings & Valuation
This table compares SoundThinking and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| SoundThinking | $104.13 million | -$9.42 million | -6.46 |
| SoundThinking Competitors | $1.80 billion | $385.92 million | 109.80 |
SoundThinking’s competitors have higher revenue and earnings than SoundThinking. SoundThinking is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares SoundThinking and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| SoundThinking | -16.92% | -23.77% | -12.90% |
| SoundThinking Competitors | -612.69% | 20.88% | -8.98% |
Summary
SoundThinking competitors beat SoundThinking on 11 of the 13 factors compared.
About SoundThinking
SoundThinking, Inc., a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes. It offers ShotSpotter, an acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; and ResourceRouter, a software that directs patrol and community anti-violence resources to help maximize their impact. The company sells its solutions through its direct sales teams. The company was formerly known as ShotSpotter, Inc. and changed its name to SoundThinking, Inc. in April 2023. SoundThinking, Inc. was founded in 1996 and is headquartered in Fremont, California.
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