Cantor Fitzgerald Estimates SoundThinking FY2025 Earnings

SoundThinking, Inc. (NASDAQ:SSTI) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for SoundThinking in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the company will post earnings per share of ($0.14) for the year. Cantor Fitzgerald currently has a “Strong-Buy” rating on the stock. The consensus estimate for SoundThinking’s current full-year earnings is ($0.39) per share.

SoundThinking (NASDAQ:SSTI) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.03). The business had revenue of $26.25 million for the quarter, compared to analyst estimates of $26.20 million. SoundThinking had a negative return on equity of 8.74% and a negative net margin of 1.39%. During the same quarter last year, the firm posted ($0.09) EPS.

A number of other research firms have also recently commented on SSTI. JMP Securities reduced their price target on shares of SoundThinking from $25.00 to $19.00 and set a “market outperform” rating for the company in a report on Wednesday, November 13th. Craig Hallum dropped their price objective on shares of SoundThinking from $17.50 to $16.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.20.

SoundThinking Stock Performance

NASDAQ:SSTI opened at $13.17 on Wednesday. SoundThinking has a 52 week low of $9.33 and a 52 week high of $22.37. The firm’s fifty day moving average is $12.81 and its 200-day moving average is $12.81. The firm has a market cap of $165.81 million, a P/E ratio of -109.74 and a beta of 1.18.

Insider Activity

In related news, CFO Alan R. Stewart sold 15,000 shares of SoundThinking stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $13.95, for a total value of $209,250.00. Following the completion of the sale, the chief financial officer now owns 138,851 shares of the company’s stock, valued at approximately $1,936,971.45. This trade represents a 9.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Ralph A. Clark sold 5,933 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $11.61, for a total transaction of $68,882.13. Following the completion of the transaction, the chief executive officer now directly owns 520,774 shares of the company’s stock, valued at approximately $6,046,186.14. This trade represents a 1.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,621 shares of company stock valued at $336,458 over the last three months. Corporate insiders own 9.20% of the company’s stock.

Institutional Trading of SoundThinking

Large investors have recently modified their holdings of the business. Disciplined Growth Investors Inc. MN purchased a new position in shares of SoundThinking during the third quarter worth approximately $5,354,000. Kopion Asset Management LLC increased its position in shares of SoundThinking by 24.2% during the fourth quarter. Kopion Asset Management LLC now owns 727,144 shares of the company’s stock valued at $9,497,000 after buying an additional 141,630 shares during the period. Rice Hall James & Associates LLC raised its stake in SoundThinking by 56.6% in the third quarter. Rice Hall James & Associates LLC now owns 362,144 shares of the company’s stock worth $4,197,000 after buying an additional 130,913 shares in the last quarter. Pullen Investment Management LLC lifted its holdings in SoundThinking by 70.0% in the third quarter. Pullen Investment Management LLC now owns 88,152 shares of the company’s stock worth $1,022,000 after buying an additional 36,290 shares during the period. Finally, Hsbc Holdings PLC purchased a new stake in SoundThinking in the second quarter worth about $398,000. Institutional investors own 60.74% of the company’s stock.

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.