Media coverage about Guidewire Software (NYSE:GWRE) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Guidewire Software earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 46.7367995265959 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Mutual of Enumclaw Insurance Selects Guidewire Products for Claims Management and Digital Vendor Experience (finance.yahoo.com)
- Guidewire Software Inc (GWRE) General Counsel Sells $165,419.24 in Stock (americanbankingnews.com)
- Steven P. Sherry Sells 4,783 Shares of Guidewire Software Inc (GWRE) Stock (americanbankingnews.com)
- Guidewire Software Inc (GWRE) COO Priscilla Hung Sells 2,689 Shares (americanbankingnews.com)
- Guidewire Software Inc (GWRE) CEO Marcus Ryu Sells 7,383 Shares (americanbankingnews.com)
Several research firms recently weighed in on GWRE. KeyCorp reiterated a “buy” rating and set a $91.00 target price on shares of Guidewire Software in a research report on Wednesday, March 7th. DA Davidson assumed coverage on Guidewire Software in a research report on Friday, February 2nd. They issued a “buy” rating and a $92.00 price objective on the stock. Deutsche Bank reaffirmed a “buy” rating and issued a $85.00 target price on shares of Guidewire Software in a report on Thursday, November 30th. Citigroup set a $85.00 target price on Guidewire Software and gave the stock a “buy” rating in a report on Thursday, November 30th. Finally, TheStreet cut Guidewire Software from a “b” rating to a “c+” rating in a research note on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Guidewire Software has a consensus rating of “Buy” and a consensus price target of $83.90.
Guidewire Software (NYSE:GWRE) last issued its quarterly earnings results on Tuesday, March 6th. The technology company reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.14. Guidewire Software had a negative net margin of 5.09% and a positive return on equity of 2.54%. The firm had revenue of $163.80 million for the quarter, compared to analyst estimates of $154.34 million. During the same period last year, the company posted $0.28 EPS. Guidewire Software’s quarterly revenue was up 41.7% compared to the same quarter last year. equities research analysts expect that Guidewire Software will post -0.01 earnings per share for the current fiscal year.
In other news, insider Steven P. Sherry sold 4,783 shares of Guidewire Software stock in a transaction on Tuesday, March 20th. The shares were sold at an average price of $84.18, for a total transaction of $402,632.94. Following the completion of the sale, the insider now directly owns 7,255 shares of the company’s stock, valued at approximately $610,725.90. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Andrew William Fraser Brown sold 2,585 shares of Guidewire Software stock in a transaction on Friday, January 12th. The stock was sold at an average price of $77.26, for a total transaction of $199,717.10. Following the sale, the director now directly owns 3,846 shares of the company’s stock, valued at $297,141.96. The disclosure for this sale can be found here. Insiders have sold a total of 84,011 shares of company stock valued at $6,633,919 in the last 90 days. Insiders own 0.69% of the company’s stock.
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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