Northland Capmk Expects Weaker Earnings for SoundThinking

SoundThinking, Inc. (NASDAQ:SSTI) – Investment analysts at Northland Capmk cut their Q1 2025 earnings per share estimates for shares of SoundThinking in a research note issued on Tuesday, February 25th. Northland Capmk analyst M. Latimore now expects that the company will post earnings of ($0.33) per share for the quarter, down from their previous forecast of ($0.11). The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share. Northland Capmk also issued estimates for SoundThinking’s Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at ($0.21) EPS.

Several other equities research analysts have also issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $20.00 price target on shares of SoundThinking in a report on Wednesday. JMP Securities reduced their target price on SoundThinking from $25.00 to $19.00 and set a “market outperform” rating for the company in a report on Wednesday, November 13th. Finally, Craig Hallum upgraded SoundThinking from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, SoundThinking currently has an average rating of “Moderate Buy” and an average price target of $21.20.

SoundThinking Price Performance

Shares of SoundThinking stock opened at $16.43 on Friday. The firm has a market cap of $206.84 million, a price-to-earnings ratio of -136.91 and a beta of 1.18. SoundThinking has a 52-week low of $9.33 and a 52-week high of $18.38. The stock has a 50-day simple moving average of $13.47 and a 200-day simple moving average of $12.86.

SoundThinking (NASDAQ:SSTI) last announced its quarterly earnings results on Tuesday, February 25th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.30). The firm had revenue of $23.41 million for the quarter, compared to analyst estimates of $26.65 million. SoundThinking had a negative net margin of 1.39% and a negative return on equity of 8.74%.

Insider Buying and Selling

In other SoundThinking news, CEO Ralph A. Clark sold 5,933 shares of SoundThinking stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $11.61, for a total value of $68,882.13. Following the transaction, the chief executive officer now directly owns 520,774 shares of the company’s stock, valued at $6,046,186.14. The trade was a 1.13 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Alan R. Stewart sold 15,000 shares of SoundThinking stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 138,851 shares in the company, valued at approximately $1,936,971.45. This represents a 9.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 23,350 shares of company stock worth $308,032. 9.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. R Squared Ltd bought a new position in SoundThinking in the 4th quarter worth approximately $70,000. BNP Paribas Financial Markets grew its position in SoundThinking by 145.2% in the third quarter. BNP Paribas Financial Markets now owns 8,843 shares of the company’s stock valued at $102,000 after acquiring an additional 5,236 shares during the period. Diversified Investment Strategies LLC bought a new stake in SoundThinking in the fourth quarter valued at $131,000. WINTON GROUP Ltd bought a new stake in SoundThinking in the fourth quarter valued at $228,000. Finally, Two Sigma Advisers LP grew its position in SoundThinking by 80.6% in the fourth quarter. Two Sigma Advisers LP now owns 18,600 shares of the company’s stock valued at $243,000 after acquiring an additional 8,300 shares during the period. 60.74% of the stock is owned by institutional investors.

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.