Raymond James raised the price target for the Guidewire Software Inc (NYSE:GWRE) stock to “an Outperform”. The rating was released on February 01, 2024, according to finviz. The research report from Oppenheimer has reiterated the stock to Outperform, with a price target set at $115. The stock was upgraded by Robert W. Baird, who disclosed in a research note on November 14, 2023, from Neutral to Outperform and set the price objective to $117. In their research brief published August 31, 2023, Wells Fargo analysts upgraded the Guidewire Software Inc stock from Underweight to Equal Weight with a price target of $85.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated -0.48% within the last five trades and 11.53% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 24.26% in the last 6 months and 16.44% was added to its value over the previous 3 months. GWRE stock is trading at a margin of 5.38%, 11.91% and 24.84% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, GWRE deals in the Technology domain. The stock is trading -2.38 percent below its 52-week high and 94.49 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 76.07. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Guidewire Software Inc’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -5.83 percent and the profit margin is -1.11 percent, and the company has reported a gross margin of 58.46 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $11.15 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 72.88. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 11.62 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 8.67, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 1.20 percent of Guidewire Software Inc shares are owned by insiders, and 100.36 percent are held by financial institutions. Cooper Jeffrey Elliott, the Chief Financial Officer at Guidewire Software Inc (GWRE) has sold 1,765 shares of firm on Jun 20 ’24 at a price of $134.20 against the total amount of $0.24 million. In another inside trade, Mullen John P, President & CRO of Guidewire Software Inc (NYSE:GWRE) sold 1,350 shares of the firm on Jun 20 ’24 for a total worth of $0.18 million at a price of $134.20. An inside trade which took place on Jun 20 ’24, Chief Admin Officer, Gen Couns of Guidewire Software Inc King James Winston sold 1,316 shares of firm against total price of $0.18 million at the cost of $134.20 per share.
