Professional
Added to YB: 2024-09-12
Pitch date: 2024-09-11
SSTI [neutral]
SoundThinking, Inc.
-40.19%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
SoundThinking, Inc., a public safety technology company, provides data-driven solutions and strategic advisory services for law enforcement, security teams, and civic leadership.
Market Cap
$144.5M
Pitch Price
$12.69
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.53
P/E
-18.64
EV/Sales
1.32
Sector
Software
Category
N/A
Pernas Research Passes On: SoundThinking, Inc.
SSTI pass: Gunshot detection co faces controversy over racial bias, risking Chicago contract. Rebranded to SoundThinking, diversifying beyond core biz (65% rev). Uncertain if new verticals strengthen/weaken prospects. Underpenetrated, but political risks. EV/EBITDA 27x.
Read full article (1 min)