SoundThinking (NASDAQ:SSTI - Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Tuesday, August 12th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $26.61 million for the quarter. SoundThinking has set its FY 2025 guidance at 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 for the quarter, missing the consensus estimate of ($0.06) by ($0.06). The firm had revenue of $28.35 million during the quarter, compared to the consensus estimate of $26.91 million. SoundThinking had a negative net margin of 7.39% and a negative return on equity of 10.77%. On average, analysts expect SoundThinking to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
SoundThinking Stock Up 1.2%
Shares of SoundThinking stock opened at $11.12 on Tuesday. The firm has a market cap of $140.89 million, a P/E ratio of -18.23 and a beta of 1.26. SoundThinking has a fifty-two week low of $9.33 and a fifty-two week high of $19.43. The business has a 50-day moving average price of $14.15 and a 200 day moving average price of $14.94.
Insider Buying and Selling
In other SoundThinking news, insider Nasim Golzadeh sold 1,809 shares of SoundThinking stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $15.46, for a total value of $27,967.14. Following the completion of the transaction, the insider directly owned 94,134 shares in the company, valued at $1,455,311.64. The trade was a 1.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 3,474 shares of company stock valued at $53,205 in the last three months. Insiders own 9.20% of the company's stock.
Hedge Funds Weigh In On SoundThinking
An institutional investor recently bought a new position in SoundThinking stock. Strs Ohio bought a new stake in SoundThinking, Inc. (NASDAQ:SSTI - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,500 shares of the company's stock, valued at approximately $127,000. Strs Ohio owned 0.06% of SoundThinking as of its most recent SEC filing. 60.74% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on SSTI shares. Cantor Fitzgerald reissued an "overweight" rating and issued a $20.00 price objective on shares of SoundThinking in a report on Wednesday, May 14th. Lake Street Capital boosted their price objective on SoundThinking from $18.00 to $20.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Finally, Roth Mkm reissued a "buy" rating and issued a $30.00 price objective on shares of SoundThinking in a report on Wednesday, May 14th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $21.00.
Check Out Our Latest Research Report on SoundThinking
SoundThinking Company Profile
(
Get Free Report)
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.
Further Reading
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