Northland Capmk Lowers Earnings Estimates for SoundThinking

SoundThinking, Inc. (NASDAQ:SSTI - Free Report) - Equities research analysts at Northland Capmk lowered their Q2 2025 earnings per share (EPS) estimates for shares of SoundThinking in a report released on Tuesday, July 15th. Northland Capmk analyst M. Latimore now expects that the company will post earnings of ($0.07) per share for the quarter, down from their prior forecast of ($0.03). The consensus estimate for SoundThinking's current full-year earnings is ($0.42) per share. Northland Capmk also issued estimates for SoundThinking's FY2025 earnings at ($0.15) EPS.

SoundThinking (NASDAQ:SSTI - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.06). SoundThinking had a negative net margin of 7.39% and a negative return on equity of 10.77%. The firm had revenue of $28.35 million during the quarter, compared to the consensus estimate of $26.91 million.

Several other research analysts have also commented on the company. Lake Street Capital boosted their price objective on SoundThinking from $18.00 to $20.00 and gave the stock a "buy" rating in a report on Wednesday, May 14th. Cantor Fitzgerald reissued an "overweight" rating and set a $20.00 price objective on shares of SoundThinking in a report on Wednesday, May 14th. Finally, Roth Mkm reissued a "buy" rating and set a $30.00 price objective on shares of SoundThinking in a report on Wednesday, May 14th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $21.00.

SoundThinking Price Performance

SSTI stock traded up $0.05 during mid-day trading on Friday, reaching $12.81. 49,258 shares of the company traded hands, compared to its average volume of 60,954. The company has a market capitalization of $162.30 million, a P/E ratio of -21.00 and a beta of 1.22. SoundThinking has a 52-week low of $9.33 and a 52-week high of $19.43. The company has a fifty day moving average price of $14.84 and a 200-day moving average price of $15.01.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Kopion Asset Management LLC grew its position in shares of SoundThinking by 8.3% during the 2nd quarter. Kopion Asset Management LLC now owns 586,652 shares of the company's stock worth $7,659,000 after buying an additional 44,976 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of SoundThinking by 10.1% in the first quarter. Rhumbline Advisers now owns 14,980 shares of the company's stock worth $254,000 after acquiring an additional 1,373 shares during the last quarter. Strs Ohio acquired a new position in SoundThinking during the first quarter worth $127,000. Cubist Systematic Strategies LLC boosted its stake in SoundThinking by 9.7% during the first quarter. Cubist Systematic Strategies LLC now owns 23,068 shares of the company's stock worth $391,000 after buying an additional 2,033 shares during the last quarter. Finally, Caption Management LLC acquired a new position in SoundThinking during the 1st quarter worth about $264,000. 60.74% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at SoundThinking

In related news, insider Nasim Golzadeh sold 1,809 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $15.46, for a total transaction of $27,967.14. Following the sale, the insider directly owned 94,134 shares of the company's stock, valued at $1,455,311.64. This trade represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold 3,474 shares of company stock valued at $53,205 over the last 90 days. Corporate insiders own 9.20% of the company's stock.

SoundThinking Company Profile

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.