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Wednesday, March 22, 2023

Momentum Is Strong For Guidewire Software Inc. (NYSE: GWRE)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Guidewire Software Inc. (GWRE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $72.36. The Guidewire Software Inc. has recorded 7,924 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Builders Insurance Group Selects Guidewire to Increase Business Agility and Foster Business Growth.


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Stocks Info

This NYSE-listed company operates within the Software – Application industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $72.36 and fluctuated between $73.53 as its day high and $69.27 as its day low. The current market capitalization of Guidewire Software Inc. is $6.05B. A total of 1.02 million shares were traded on the day, compared to an average of 870.68K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, GWRE has seen 10 BUY and 9 SELL insider trades, representing the acquisition of 29,239 and the disposition of 27,810 shares. Over the last 12 months, there were 67 BUYs and 37 SELLs from insiders. Insiders purchased 273,147 shares during that period but sold 104,486.

In the most recent transaction, King James Winston sold 192 shares of GWRE for 70.36 per share on Mar 01. After the transaction, the Chief Admin Officer, Gen Couns now owns 37,942 company shares. In a previous transaction on Jan 18, Hung Priscilla sold 9,547 shares at 70.00 per share. GWRE shares that President & COO owns now total 57,915.

Among the insiders who sold shares, Cooper Jeffrey Elliott disposed of 403 shares on Jan 10 at a per-share price of $66.23. This resulted in the Chief Financial Officer holding 64,321 shares of GWRE after the transaction. In another insider transaction, King James Winston sold 1,386 shares at $60.00 per share on Dec 20. Company shares held by the Chief Admin Officer, Gen Couns now total 37,942.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for GWRE in the last 3 months, the mean price target is $82.23 with high estimates of $95.00 and low estimates of $60.00. In terms of 52-week highs and lows, GWRE has a high of $97.32 and a low of $52.08.

As of this writing, GWRE has an earnings estimate of -$0.03 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $0.03 per share and a lower estimate of -$0.13. The company reported an EPS of $0.03 in the last quarter, which was 400.00% higher than expectations of -$0.01.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 16 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GWRE is Underweight with a score of 3.83. A total of 8 analysts rated the stock as Buy while 1 rated it as Overweight while 5 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 1 thought it should be Sold.

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