SoundThinking FY2025 EPS Forecast Lowered by William Blair

SoundThinking, Inc. (NASDAQ:SSTI) – Equities researchers at William Blair decreased their FY2025 earnings per share (EPS) estimates for SoundThinking in a research note issued to investors on Thursday, November 13th. William Blair analyst L. Dipalma now anticipates that the company will post earnings of ($0.50) per share for the year, down from their previous forecast of ($0.32). The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share. William Blair also issued estimates for SoundThinking’s FY2026 earnings at ($0.17) EPS.

SoundThinking (NASDAQ:SSTI) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.09). The company had revenue of $25.10 million during the quarter, compared to the consensus estimate of $27.97 million. SoundThinking had a negative net margin of 9.74% and a negative return on equity of 13.76%. SoundThinking has set its FY 2025 guidance at EPS.

SSTI has been the topic of a number of other research reports. Lake Street Capital cut their price objective on shares of SoundThinking from $19.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Weiss Ratings reiterated a “sell (e+)” rating on shares of SoundThinking in a report on Thursday, November 13th. Cantor Fitzgerald reduced their price objective on shares of SoundThinking from $20.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, November 13th. Roth Capital reaffirmed a “buy” rating and set a $20.00 target price (down previously from $30.00) on shares of SoundThinking in a research note on Thursday, November 13th. Finally, Zacks Research raised SoundThinking from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $17.67.

SoundThinking Stock Performance

NASDAQ:SSTI opened at $6.13 on Monday. The firm has a market capitalization of $77.84 million, a PE ratio of -7.76 and a beta of 1.17. The stock’s fifty day moving average is $10.68 and its 200 day moving average is $12.69. SoundThinking has a fifty-two week low of $5.92 and a fifty-two week high of $19.43.

Insider Buying and Selling at SoundThinking

In related news, CEO Ralph A. Clark sold 16,161 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $11.80, for a total value of $190,699.80. Following the completion of the sale, the chief executive officer owned 588,638 shares in the company, valued at approximately $6,945,928.40. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 18,500 shares of company stock worth $218,566 over the last ninety days. Insiders own 10.40% of the company’s stock.

Institutional Investors Weigh In On SoundThinking

Hedge funds have recently made changes to their positions in the company. Meeder Asset Management Inc. purchased a new position in shares of SoundThinking during the third quarter valued at $31,000. BNP Paribas Financial Markets increased its position in SoundThinking by 160.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,740 shares of the company’s stock valued at $33,000 after purchasing an additional 1,688 shares during the period. State of Wyoming purchased a new position in SoundThinking during the 2nd quarter valued at about $33,000. MetLife Investment Management LLC bought a new stake in shares of SoundThinking in the 1st quarter valued at about $98,000. Finally, Strs Ohio purchased a new stake in shares of SoundThinking in the 1st quarter worth approximately $127,000. 60.74% of the stock is currently owned by hedge funds and other institutional investors.

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.