Cantor Fitzgerald Predicts SoundThinking FY2025 Earnings

SoundThinking, Inc. (NASDAQ:SSTI) – Equities research analysts at Cantor Fitzgerald decreased their FY2025 earnings per share (EPS) estimates for SoundThinking in a research report issued to clients and investors on Wednesday, August 13th. Cantor Fitzgerald analyst J. Ruykhaver now forecasts that the company will post earnings per share of ($0.63) for the year, down from their previous forecast of ($0.41). Cantor Fitzgerald currently has a “Overweight” rating and a $20.00 target price on the stock. The consensus estimate for SoundThinking’s current full-year earnings is ($0.42) per share. Cantor Fitzgerald also issued estimates for SoundThinking’s FY2026 earnings at ($0.25) EPS.

Other equities analysts have also recently issued reports about the stock. Roth Mkm reiterated a “buy” rating and set a $30.00 price objective on shares of SoundThinking in a research report on Wednesday, May 14th. Wall Street Zen cut shares of SoundThinking from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Lake Street Capital lowered their price target on shares of SoundThinking from $20.00 to $19.00 and set a “buy” rating on the stock in a report on Wednesday. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company. According to data from MarketBeat, SoundThinking currently has a consensus rating of “Moderate Buy” and an average price target of $20.80.

SoundThinking Price Performance

Shares of NASDAQ:SSTI opened at $12.76 on Friday. SoundThinking has a 12 month low of $9.33 and a 12 month high of $19.43. The stock has a market cap of $163.20 million, a price-to-earnings ratio of -16.15 and a beta of 1.26. The stock’s 50 day moving average price is $13.45 and its 200 day moving average price is $14.83.

SoundThinking (NASDAQ:SSTI) last issued its earnings results on Tuesday, August 12th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.15). The company had revenue of $25.89 million during the quarter, compared to analyst estimates of $26.61 million. SoundThinking had a negative net margin of 9.74% and a negative return on equity of 13.76%.

Insider Activity

In related news, insider Nasim Golzadeh sold 1,809 shares of the firm’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $15.46, for a total value of $27,967.14. Following the completion of the transaction, the insider owned 94,134 shares of the company’s stock, valued at approximately $1,455,311.64. This trade represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 3,474 shares of company stock worth $53,205 over the last ninety days. 10.40% of the stock is owned by corporate insiders.

Institutional Trading of SoundThinking

A number of hedge funds have recently modified their holdings of SSTI. MetLife Investment Management LLC acquired a new stake in SoundThinking in the 1st quarter worth about $98,000. Strs Ohio acquired a new stake in SoundThinking in the 1st quarter worth about $127,000. R Squared Ltd acquired a new stake in SoundThinking in the 2nd quarter worth about $156,000. GAMMA Investing LLC raised its stake in SoundThinking by 6,553.7% in the 1st quarter. GAMMA Investing LLC now owns 13,374 shares of the company’s stock worth $227,000 after purchasing an additional 13,173 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in SoundThinking by 10.1% in the 1st quarter. Rhumbline Advisers now owns 14,980 shares of the company’s stock worth $254,000 after purchasing an additional 1,373 shares in the last quarter. Institutional investors and hedge funds own 60.74% of the company’s stock.

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.