News stories about Guidewire Software (NYSE:GWRE) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Guidewire Software earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.7827407309237 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Guidewire Software Target of Unusually Large Options Trading (GWRE) (americanbankingnews.com)
- Guidewire Software to Announce Second Quarter Fiscal 2018 Financial Results on March 6, 2018 (finance.yahoo.com)
- Guidewire Software Inc (GWRE) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Guidewire Software (GWRE) Set to Announce Earnings on Wednesday (americanbankingnews.com)
- $154.27 Million in Sales Expected for Guidewire Software Inc (GWRE) This Quarter (americanbankingnews.com)
Several brokerages recently weighed in on GWRE. DA Davidson began coverage on shares of Guidewire Software in a research report on Friday, February 2nd. They set a “buy” rating and a $92.00 price objective on the stock. Zacks Investment Research lowered shares of Guidewire Software from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. TheStreet lowered shares of Guidewire Software from a “b” rating to a “c+” rating in a research report on Wednesday, November 29th. Deutsche Bank reaffirmed a “buy” rating and set a $85.00 price objective on shares of Guidewire Software in a research report on Thursday, November 30th. Finally, Citigroup set a $85.00 price objective on shares of Guidewire Software and gave the company a “buy” rating in a research report on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $81.30.
Guidewire Software (NYSE:GWRE) last released its quarterly earnings results on Wednesday, November 29th. The technology company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.10). Guidewire Software had a net margin of 3.82% and a return on equity of 3.29%. The firm had revenue of $108.20 million during the quarter, compared to the consensus estimate of $100.61 million. During the same period in the prior year, the business earned $0.02 EPS. The company’s revenue for the quarter was up 15.0% compared to the same quarter last year. analysts expect that Guidewire Software will post 0.05 earnings per share for the current fiscal year.
In other news, Director Craig Conway sold 600 shares of Guidewire Software stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $80.17, for a total value of $48,102.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Richard Hart sold 375 shares of Guidewire Software stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $77.39, for a total transaction of $29,021.25. Following the completion of the transaction, the chief financial officer now directly owns 3,819 shares in the company, valued at approximately $295,552.41. The disclosure for this sale can be found here. In the last three months, insiders sold 98,909 shares of company stock worth $7,407,998. 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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