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. After-hours trades for Guidewire Software Inc. (GWRE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $86.53. The Guidewire Software Inc. has recorded 12,637 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Guidewire to Announce Fourth Quarter & Fiscal Year 2023 Financial Results on September 7, 2023.
The company is listed on the NYSE and operates within the Software – Application industry segment. At the end of the last regular session, the stock closed at $86.53 and fluctuated between $87.07 as its day high and $85.98 as its day low. The current market capitalization of Guidewire Software Inc. is $7.04B. A total of 0.46 million shares were traded on the day, compared to an average of 730.30K shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, GWRE has seen 3 BUY and 8 SELL insider trades, representing the acquisition of 3,088 and the disposition of 22,926 shares. Over the last 12 months, there were 40 BUYs and 34 SELLs from insiders. Insiders purchased 253,896 shares during that period but sold 124,952.
In the most recent transaction, Hung Priscilla sold 2,513 shares of GWRE for 70.18 per share on Jun 21. After the transaction, the President & COO now owns 49,641 company shares. In a previous transaction on Jun 21, King James Winston sold 1,915 shares at 70.18 per share. GWRE shares that Chief Admin Officer, Gen Couns owns now total 32,776.
Among the insiders who sold shares, Cooper Jeffrey Elliott disposed of 1,254 shares on Jun 21 at a per-share price of $70.18. This resulted in the Chief Financial Officer holding 57,073 shares of GWRE after the transaction. In another insider transaction, Rosenbaum Michael George sold 7,584 shares at $71.13 per share on Jun 20. Company shares held by the Chief Executive Officer now total 188,016.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for GWRE in the last 3 months, the mean price target is $86.31 with high estimates of $95.00 and low estimates of $69.00. In terms of 52-week highs and lows, GWRE has a high of $86.99 and a low of $52.08.
As of this writing, GWRE has an earnings estimate of $0.38 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.27. The company reported an EPS of -$0.21 in the last quarter, which was -600.00% lower than expectations of -$0.03.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GWRE’s latest balance sheet shows that the firm has $1.12B in Cash & Short Term Investments as of fiscal 2021. There were $459.20M in debt and $300.31M in liabilities at the time. Its Book Value Per Share was $14.60, while its Total Shareholder’s Equity was $1.54B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 Buy with a score of 4.08.