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Senstar Technologies (SNT)
NASDAQ:SNT
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Senstar Technologies
(NASDAQ:SNT)
66Neutral
Senstar Technologies (SNT) vs. S&P 500 (SPY)
Market Cap
$80.42M
Dividend YieldN/A
Average Volume (3M)39.59K
Price to Earnings (P/E)64.7
Beta (1Y)>-0.01
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees136
SectorIndustrials
Sector Strength72
IndustryCorporate Services
Share Statistics
EPS (TTM)0.05
Shares Outstanding23,309,986
10 Day Avg. Volume19,454
30 Day Avg. Volume39,585
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.45
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Senstar Technologies Business Overview & Revenue Model
Company DescriptionSenstar Technologies provides intelligent security solutions, including perimeter intrusion detection or PIDS, including fence, ground, and buried sensors. It also offers video and security management software (VMS & SMS), access control products and technologies, and video analytics.
How the Company Makes MoneySenstar Technologies generates revenue primarily through the sale of its security products and solutions. The company's key revenue streams include the direct sale of perimeter intrusion detection systems, video management software, and video analytics services. In addition to product sales, Senstar Technologies may also earn income from maintenance contracts, software licensing, and professional services, such as installation and system integration. Significant partnerships with global system integrators and distributors also contribute to its earnings, enabling broader market reach and enhanced service delivery. The company's focus on innovation and customer-centric solutions helps maintain its competitive edge and drive revenue growth in the security technology landscape.
Senstar Technologies Financial Statement Overview
Summary
Senstar Technologies faces challenges with declining revenues and profitability, indicated by negative net profit and EBIT margins. Despite a solid balance sheet with low leverage and high equity, cash flow improvements are offset by continued negative free cash flow, signaling operational inefficiencies.Income Statement
Senstar Technologies has experienced a decline in total revenue from $35.56 million in 2022 to $32.79 million in 2023, resulting in a revenue growth rate of -7.71%. The gross profit margin in 2023 stands at 57.49%, but the company has seen a negative net profit margin of -3.93% due to a net income loss. Additionally, both EBIT and EBITDA margins are negative, indicating challenges in operational efficiency.40
Negative
Balance Sheet
The company maintains a strong equity position with an equity ratio of 73.98% in 2023, suggesting financial stability. The debt-to-equity ratio is low at 0.024, indicating low leverage. However, the return on equity is negative at -3.47% due to net losses, which is a concern for profitability.70
Positive
Cash Flow
Senstar Technologies has shown improvement in operating cash flow, which turned positive in 2023 to $260,000 from a negative $9.52 million in 2022. However, free cash flow remains negative, and the free cash flow to net income ratio is not favorable due to the net loss.45
Neutral
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 33.86M | 32.79M | 35.56M | 34.92M | 81.27M | 86.83M |
| Gross Profit | |||||
| 19.73M | 18.85M | 21.50M | 21.98M | 34.56M | 38.76M |
| EBIT | |||||
| 395.00K | -1.26M | 54.00K | -788.00K | 3.40M | 3.94M |
| EBITDA | |||||
| 1.34M | -255.00K | 3.06M | 1.94M | 3.99M | 6.47M |
| Net Income Common Stockholders | |||||
| -646.00K | -1.29M | 3.83M | -2.19M | 902.00K | 2.29M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 51.81M | 14.92M | 15.05M | 26.40M | 27.09M | 51.28M |
| Total Assets | |||||
| 119.17M | 50.27M | 51.89M | 59.39M | 107.98M | 127.05M |
| Total Debt | |||||
| 0.00 | 877.00K | 1.00M | 1.25M | 3.35M | 3.43M |
| Net Debt | |||||
| -38.66M | -13.93M | -13.93M | -25.15M | -23.74M | -31.10M |
| Total Liabilities | |||||
| 37.95M | 13.07M | 14.20M | 23.63M | 40.67M | 39.24M |
| Stockholders Equity | |||||
| 81.22M | 37.19M | 37.69M | 35.76M | 67.31M | 87.78M |
| Cash Flow | Free Cash Flow | ||||
| 399.00K | -120.00K | -9.67M | 5.07M | 1.44M | -6.19M |
| Operating Cash Flow | |||||
| 399.00K | 260.00K | -9.52M | 6.03M | 2.32M | -4.52M |
| Investing Cash Flow | |||||
| 0.00 | -334.00K | -237.00K | 31.73M | 16.22M | -4.78M |
| Financing Cash Flow | |||||
| 0.00 | -213.00K | 19.00K | -39.68M | -28.79M | 178.00K |
Senstar Technologies Technical Analysis
Positive
3.45
Price Trends
3.57
Negative
3.14
Positive
2.39
Positive
Market Momentum
-0.05
Positive
47.10
Neutral
81.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNT, the sentiment is Positive. The current price of 3.45 is below the 20-day moving average (MA) of 3.52, below the 50-day MA of 3.57, and above the 200-day MA of 2.39, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 47.10 is Neutral, neither overbought nor oversold. The STOCH value of 81.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SNT.
Senstar Technologies Risk Analysis
Senstar Technologies disclosed 35 risk factors in its most recent earnings report. Senstar Technologies reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Senstar Technologies Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $3.26B | 24.92 | 16.85% | ― | 20.69% | 17.89% | |
66 Neutral | $80.42M | 64.73 | -3.47% | ― | ― | ― | |
66 Neutral | $1.55B | 14.44 | 11.60% | 0.67% | 2.88% | 33.76% | |
62 Neutral | $8.22B | 13.91 | 2.36% | 3.08% | 3.85% | -14.32% | |
59 Neutral | $3.53B | 106.94 | 3.94% | ― | 5.21% | ― |
* Industrials Sector Average
Performance Comparison
SNT
Senstar Technologies
3.45
2.18
171.65%
AVAV
AeroVironment
125.01
-27.12
-17.83%
ICFI
Icf International
84.04
-64.52
-43.43%
OSIS
OSI Systems
193.78
57.53
42.22%
Senstar Technologies Earnings Call Summary
Earnings Call Date: Nov 12, 2024 | % Change Since: 98.28% | Next Earnings Date: Apr 18, 2025
Earnings Call Sentiment Positive
The earnings call highlighted several positive financial metrics, including revenue growth, margin expansion, and net income improvement. Despite minor declines in specific regions and sectors, the overall financial health and strategic direction appear strong.Highlights
Revenue Increase
Revenue increased by 8% compared to Q3 2023 and is up 7% year-to-date.
Gross Margin Expansion
Gross margin was exceptionally strong at 68%, an 11.4% point increase over Q3 2023, driven by streamlining activities, price adjustments, and a favorable product mix.
Operating Expenses Reduction
Operating expenses decreased by 3.6% from Q3 2023 and 9.2% year-to-date due to diligent expense control.
Geographical Sales Growth
Significant sales growth in the U.S. (12%) and EMEA (26%) across key verticals.
Net Income Improvement
Net income attributable to shareholders was $1.3 million compared to a net loss of $122,000 in the same quarter last year.
EBITDA Growth
EBITDA for the third quarter was $2 million, a significant increase from $322,000 in Q3 2023.
New Product Success
Initial sales from the MultiSensor product are promising, highlighting its innovative impact in the market.
Lowlights
APAC and Latin America Sales Decline
Sales in APAC and Latin America declined slightly, with APAC at 14% of revenue versus 16% last year, and Latin America at 3% versus 7%.
Logistics and Oil & Gas Revenue Decline
Slight revenue decline in logistics and oil & gas sectors, though future opportunities are anticipated.
Lack of Forward Guidance
No forward-looking statements provided regarding the impact of MultiSensor on 2025 growth or Q4 profitability.
Company Guidance
In the third quarter of 2024, Senstar Technologies reported a notable 8% increase in revenue compared to the same period in 2023, amounting to $9.7 million. Their gross margin improved significantly to 68%, an 11.4 percentage point increase from the previous year, driven by strategic price adjustments and product mix optimization. Operating expenses decreased by 3.6%, enhancing profitability, with operating income rising to $1.8 million from $123,000 a year earlier. The company experienced strong sales growth in the U.S. and EMEA, with a 26% sales increase in EMEA and a 12% increase in the U.S. Key verticals like correctional facilities and utilities saw heightened demand, contributing to this growth. In Q3 2024, Senstar's net income was $1.3 million, or $0.06 per share, a significant turnaround from a net loss of $122,000 in Q3 2023. Additionally, the company's EBITDA rose to $2 million from $322,000 year-over-year. Cash and cash equivalents stood at $19.5 million as of September 30, 2024, or $0.84 per share.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.