Guidewire Software Inc [NYSE: GWRE] stock went on an upward path that rose over 1.17% on Wednesday, amounting to a one-week price increase of more than 3.09%.
Over the last 12 months, GWRE stock rose by 110.07%. The one-year Guidewire Software Inc stock forecast points to a potential upside of 4.11. The average equity rating for GWRE stock is currently 1.81, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $15.81 billion, with 83.03 million shares outstanding and 82.01 million shares in the current float. Compared to the average trading volume of 803.40K shares, GWRE stock reached a trading volume of 3320312 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Guidewire Software Inc [GWRE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GWRE shares is $198.55 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GWRE stock is a recommendation set at 1.81. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Guidewire Software Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 01, 2024. The new note on the price target was released on December 20, 2023, representing the official price target for Guidewire Software Inc stock. Previously, the target price had yet another raise from $100 to $115, while Oppenheimer kept a Outperform rating on GWRE stock. On November 14, 2023, analysts increased their price target for GWRE shares from 96 to 117.
The Average True Range (ATR) for Guidewire Software Inc is set at 3.56, with the Price to Sales ratio for GWRE stock in the period of the last 12 months amounting to 16.12. The Price to Book ratio for the last quarter was 11.77, with the Price to Cash per share for the same quarter was set at 12.10. Price to Free Cash Flow for GWRE in the course of the last twelve months was 89.20 with Quick ratio for the last quarter at 1.52.
GWRE Stock Performance Analysis:
Guidewire Software Inc [GWRE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.09. With this latest performance, GWRE shares gained by 10.03% in over the last four-week period, additionally plugging by 75.73% over the last 6 months – not to mention a rise of 110.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GWRE stock in for the last two-week period is set at 79.06, with the RSI for the last a single of trading hit 80.91, and the three-weeks RSI is set at 77.25 for Guidewire Software Inc [GWRE]. The present Moving Average for the last 50 days of trading for this stock 164.59, while it was recorded at 187.14 for the last single week of trading, and 132.44 for the last 200 days.
Insight into Guidewire Software Inc Fundamentals:
Guidewire Software Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.52 and a Current Ratio set at 1.52.
GWRE Stock EPS
With the latest financial reports released by the company, Guidewire Software Inc posted 0/share EPS, while the average EPS was predicted by analysts to be reported at -0.18/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.18. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GWRE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Guidewire Software Inc go to 5.00%.
Guidewire Software Inc [GWRE] Institutonal Ownership Details
There are presently around $100.52%, or 100.95%% of GWRE stock, in the hands of institutional investors. The top three institutional holders of GWRE stocks are: VANGUARD GROUP INC with ownership of 8.34 million shares, which is approximately 10.1089%. BAMCO INC /NY/, holding 6.13 million shares of the stock with an approximate value of $$844.62 million in GWRE stocks shares; and BAMCO INC /NY/, currently with $$624.55 million in GWRE stock with ownership which is approximately 5.4901%.
