Press coverage about Guidewire Software (NYSE:GWRE) has trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Guidewire Software earned a news impact score of 0.12 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 44.2446632475842 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
Several research analysts have recently commented on GWRE shares. Zacks Investment Research lowered shares of Guidewire Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Deutsche Bank reissued a “buy” rating and issued a $85.00 price objective (up previously from $80.00) on shares of Guidewire Software in a research note on Monday, October 2nd. TheStreet lowered shares of Guidewire Software from a “b” rating to a “c+” rating in a research note on Wednesday, November 29th. Finally, BidaskClub lowered shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $80.11.
Guidewire Software (NYSE GWRE) opened at $77.11 on Friday. Guidewire Software has a 12 month low of $51.00 and a 12 month high of $83.52. The stock has a market cap of $5,810.00, a P/E ratio of 308.44, a P/E/G ratio of 87.02 and a beta of 1.17.
Guidewire Software (NYSE:GWRE) last issued its quarterly earnings results on Wednesday, November 29th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.10). Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. The firm had revenue of $108.20 million during the quarter, compared to analysts’ expectations of $100.61 million. During the same quarter in the prior year, the firm earned $0.02 EPS. The firm’s revenue was up 15.0% compared to the same quarter last year. analysts expect that Guidewire Software will post 0.06 earnings per share for the current fiscal year.
In other Guidewire Software news, Director Craig Conway sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $77.99, for a total transaction of $46,794.00. Following the sale, the director now owns 10,893 shares of the company’s stock, valued at $849,545.07. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Marcus Ryu sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $78.80, for a total transaction of $1,970,000.00. Following the sale, the chief executive officer now directly owns 114,178 shares in the company, valued at approximately $8,997,226.40. The disclosure for this sale can be found here. Insiders sold 103,534 shares of company stock valued at $7,767,441 in the last quarter. 0.69% of the stock is owned by insiders.
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Guidewire Software Company Profile
Guidewire Software, Inc is a provider of software products for property and casualty (P&C) insurers. The Company’s software serves as a technology platform for P&C insurance carriers. The Company’s InsurancePlatform consists of three elements: core transaction processing, data management and analytics, and digital engagement.
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