Guidewire Software (NYSE:GWRE – Get Free Report) announced its quarterly earnings data on Tuesday. The technology company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.41, RTT News reports. The firm had revenue of $293.51 million during the quarter, compared to analysts’ expectations of $286.40 million. Guidewire Software had a return on equity of 2.38% and a net margin of 2.91%. The company’s quarterly revenue was up 22.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.26 EPS. Guidewire Software updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.
Guidewire Software Price Performance
Guidewire Software stock opened at $253.19 on Thursday. The stock’s 50 day moving average is $201.77 and its 200 day moving average is $194.70. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The firm has a market cap of $21.24 billion, a P/E ratio of 703.31, a P/E/G ratio of 37.21 and a beta of 1.18. Guidewire Software has a one year low of $117.69 and a one year high of $263.20.
Insider Buying and Selling at Guidewire Software
In other news, Director Michael C. Keller sold 1,848 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $185.03, for a total transaction of $341,935.44. Following the transaction, the director now directly owns 12,270 shares of the company’s stock, valued at $2,270,318.10. This represents a 13.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael George Rosenbaum sold 1,400 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $170.04, for a total value of $238,056.00. Following the transaction, the chief executive officer now directly owns 269,130 shares in the company, valued at $45,762,865.20. The trade was a 0.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,671 shares of company stock valued at $5,471,104. 0.48% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Guidewire Software
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. Stifel Nicolaus upped their price target on Guidewire Software from $230.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday. JMP Securities increased their target price on Guidewire Software from $250.00 to $281.00 and gave the stock a “market outperform” rating in a research note on Wednesday. JPMorgan Chase & Co. increased their target price on Guidewire Software from $231.00 to $271.00 and gave the stock an “overweight” rating in a research note on Wednesday. Bank of America increased their target price on Guidewire Software from $135.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday. Finally, Needham & Company LLC reissued a “hold” rating on shares of Guidewire Software in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, Guidewire Software presently has a consensus rating of “Moderate Buy” and a consensus target price of $240.69.
Check Out Our Latest Research Report on GWRE
Guidewire Software Company Profile
Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.
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