William Blair Lowers Earnings Estimates for SoundThinking

SoundThinking, Inc. (NASDAQ:SSTI) – Equities researchers at William Blair decreased their FY2025 EPS estimates for SoundThinking in a research report issued to clients and investors on Thursday, November 13th. William Blair analyst L. Dipalma now anticipates that the company will post earnings per share of ($0.50) for the year, down from their prior estimate 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.

Several other analysts have also recently weighed in on SSTI. Citizens Jmp lowered their price target on SoundThinking from $19.00 to $16.00 and set a “market outperform” rating on the stock in a report on Thursday. Weiss Ratings restated a “sell (e+)” rating on shares of SoundThinking in a research report on Thursday. Lake Street Capital lowered their target price on shares of SoundThinking from $19.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday. Roth Capital reissued a “buy” rating and issued a $20.00 price target (down previously from $30.00) on shares of SoundThinking in a research note on Thursday. Finally, Craig Hallum lowered shares of SoundThinking from a “buy” rating to a “hold” rating and set a $10.00 price target on the stock. in a report on Thursday. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $17.67.

SoundThinking Stock Performance

NASDAQ:SSTI opened at $7.01 on Monday. SoundThinking has a 52-week low of $6.29 and a 52-week high of $19.43. The stock has a fifty day moving average of $10.92 and a 200 day moving average of $12.83. The firm has a market capitalization of $89.66 million, a price-to-earnings ratio of -8.87 and a beta of 1.17.

SoundThinking (NASDAQ:SSTI) last posted its earnings results 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). SoundThinking had a negative return on equity of 13.76% and a negative net margin of 9.74%.The firm had revenue of $25.10 million during the quarter, compared to analysts’ expectations of $27.97 million. SoundThinking has set its FY 2025 guidance at EPS.

Insider Buying and Selling at SoundThinking

In other SoundThinking news, CEO Ralph A. Clark sold 16,161 shares of SoundThinking stock in a transaction 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 of the company’s stock, valued at approximately $6,945,928.40. This trade represents a 2.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders sold 18,500 shares of company stock valued at $218,566. Corporate insiders own 10.40% of the company’s stock.

Institutional Trading of SoundThinking

Several institutional investors and hedge funds have recently modified their holdings of SSTI. Meeder Asset Management Inc. purchased a new position in shares of SoundThinking in the third quarter worth $31,000. BNP Paribas Financial Markets grew its stake in SoundThinking by 160.5% during the third quarter. BNP Paribas Financial Markets now owns 2,740 shares of the company’s stock valued at $33,000 after acquiring an additional 1,688 shares in the last quarter. State of Wyoming bought a new stake in SoundThinking in the 2nd quarter valued at $33,000. MetLife Investment Management LLC bought a new stake in SoundThinking in the 1st quarter valued at $98,000. Finally, Strs Ohio purchased a new stake in SoundThinking in the 1st quarter worth $127,000. 60.74% of the stock is currently 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.