SoundThinking (SSTI) Projected to Post Earnings on Tuesday

SoundThinking (NASDAQ:SSTI - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Tuesday, May 13th. Analysts expect SoundThinking to post earnings of ($0.06) per share and revenue of $26.91 million for the quarter. SoundThinking has set its FY 2025 guidance at EPS.

SoundThinking (NASDAQ:SSTI - Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.30). SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%. The company had revenue of $23.41 million during the quarter, compared to analyst estimates of $26.65 million. On average, analysts expect SoundThinking to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SoundThinking Stock Down 0.6 %

SSTI stock traded down $0.09 during trading on Tuesday, reaching $15.17. 7,957 shares of the company's stock were exchanged, compared to its average volume of 60,136. The firm has a market cap of $192.09 million, a PE ratio of -126.37 and a beta of 1.21. SoundThinking has a 1-year low of $9.33 and a 1-year high of $19.43. The company's fifty day moving average price is $16.26 and its 200-day moving average price is $14.00.

Analysts Set New Price Targets

Several equities analysts have weighed in on SSTI shares. Cantor Fitzgerald restated an "overweight" rating and set a $20.00 target price on shares of SoundThinking in a report on Wednesday, February 26th. Craig Hallum raised SoundThinking from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, SoundThinking has a consensus rating of "Moderate Buy" and a consensus target price of $21.20.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.