Northland Capmk Comments on SoundThinking, Inc.’s Q1 2025 Earnings (NASDAQ:SSTI)

SoundThinking, Inc. (NASDAQ:SSTIFree Report) – Investment analysts at Northland Capmk issued their Q1 2025 earnings per share (EPS) estimates for SoundThinking in a research report issued on Tuesday, July 9th. Northland Capmk analyst M. Latimore anticipates that the company will post earnings per share of ($0.09) for the quarter. The consensus estimate for SoundThinking’s current full-year earnings is ($0.35) per share. Northland Capmk also issued estimates for SoundThinking’s Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.02) EPS and FY2025 earnings at ($0.17) EPS.

Several other brokerages also recently weighed in on SSTI. Lake Street Capital initiated coverage on SoundThinking in a research note on Friday, May 24th. They set a “buy” rating and a $21.00 target price on the stock. Cantor Fitzgerald dropped their price objective on SoundThinking from $25.00 to $20.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 15th. Roth Mkm reissued a “buy” rating and issued a $30.00 price objective on shares of SoundThinking in a research note on Wednesday, May 15th. Craig Hallum dropped their price objective on SoundThinking from $22.00 to $19.00 and set a “hold” rating on the stock in a research note on Wednesday, May 15th. Finally, William Blair downgraded SoundThinking from an “outperform” rating to a “market perform” rating in a research note on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, SoundThinking presently has an average rating of “Moderate Buy” and an average price target of $22.50.

View Our Latest Report on SSTI

SoundThinking Price Performance

Shares of SoundThinking stock opened at $11.53 on Thursday. The business’s fifty day moving average price is $13.78 and its two-hundred day moving average price is $16.72. The company has a market capitalization of $147.47 million, a P/E ratio of -36.03 and a beta of 1.21. SoundThinking has a 1-year low of $11.00 and a 1-year high of $26.92.

SoundThinking (NASDAQ:SSTIGet Free Report) last posted its quarterly earnings data on Tuesday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.15). The business had revenue of $25.41 million for the quarter, compared to analysts’ expectations of $25.48 million. SoundThinking had a negative return on equity of 12.69% and a negative net margin of 3.94%. During the same quarter in the prior year, the firm earned ($0.15) earnings per share.

Institutional Investors Weigh In On SoundThinking

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bares Capital Management Inc. raised its position in shares of SoundThinking by 4.9% during the first quarter. Bares Capital Management Inc. now owns 775,400 shares of the company’s stock worth $12,313,000 after purchasing an additional 36,187 shares during the period. Quadrature Capital Ltd purchased a new position in shares of SoundThinking during the first quarter valued at $923,000. Vanguard Group Inc. grew its holdings in shares of SoundThinking by 6.9% during the first quarter. Vanguard Group Inc. now owns 504,435 shares of the company’s stock valued at $8,010,000 after buying an additional 32,452 shares in the last quarter. GSA Capital Partners LLP grew its holdings in shares of SoundThinking by 23.3% during the first quarter. GSA Capital Partners LLP now owns 71,848 shares of the company’s stock valued at $1,141,000 after buying an additional 13,555 shares in the last quarter. Finally, Conestoga Capital Advisors LLC grew its holdings in shares of SoundThinking by 10.4% during the first quarter. Conestoga Capital Advisors LLC now owns 75,630 shares of the company’s stock valued at $1,201,000 after buying an additional 7,150 shares in the last quarter. 60.74% of the stock is owned by institutional investors and hedge funds.

About SoundThinking

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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.

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Earnings History and Estimates for SoundThinking (NASDAQ:SSTI)

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