As of Friday close, Guidewire Software Inc.’s (NYSE:GWRE) stock was down -$1.41, moving down -1.79 percent to $77.20. The average number of shares traded per day over the past five days has been 1,681,520 shares. 5 times new highs have been achieved over the past 5 days, with a $5.70 gain in that time frame. In the last twenty days, the average volume was 1,039,370, while in the previous 50 days, it was 834,852.
Since last month, GWRE stock rose 1.99%. Shares of the company fell to $69.27 on 03/13/23, the lowest level in the past month. A 52-week high of $97.32 was reached on 03/17/23 after having rallying from a 52-week low of $52.08. Since the beginning of this year, GWRE’s stock price has risen by 23.40% or $14.64, and marked a new high 14 times. However, the stock has declined by -20.67% since its 52-week high.
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GWRE stock investors should be aware that Guidewire Software Inc. (GWRE) stock had its last reported insider trading activity 17 days ago on Mar 01. King James Winston, the Chief Admin Officer, Gen Couns of the company, disposed of 192 shares for $70.36 on Mar 01. It resulted in a $13,509 divestment by the insider. Hung Priscilla sold 9,547 shares at an average price of $70.00 on Jan 18. The insider now owns 57,915 shares following the transaction. On Jan 10, Chief Financial Officer Cooper Jeffrey Elliott sold 403 shares at $66.23 apiece. The transaction was valued at $26,691.
Valuation Metrics
The stock’s beta is 1.25. Besides these, the trailing price-to-sales (P/S) ratio of 7.43, the price-to-book (PB) ratio of 5.19.
Financial Health
In the three months ended January 30, Guidewire Software Inc.’s quick ratio stood at 3.70, while its current ratio was 3.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending January 30 was 0.32, and the total debt-to-equity ratio was 0.32. On the profitability front, the trailing twelve-month gross margin is 44.70% percent. In the year ended January 30, operating margins totaled -22.10%. Based on annual data, GWRE earned $352.22 million in gross profit and brought in $812.61 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -8.30%. Return on equity (ROE) for the past 12 months was -12.60%.
In Guidewire Software Inc.’s quarter-end financial report for January 30, it reported total debt of $396.32 million against cash and short-term investments of $439.83 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. GWRE’s revenue rose 12.03% to $195.28 million during the quarter, while net income inched up to $232.61 million. While analysts expected Guidewire Software Inc. to report -$0.03 quarterly earnings, the actual figure was -$0.21 per share. During the quarter, the company generated -$12.8 million in EBITDA. The liabilities of Guidewire Software Inc. were 783.77 million at the end of its most recent quarter ended January 30, and its total debt was $495.36 million. The value of shareholders’ equity is $81.57 million.
Technical Picture
This quick technical analysis looks at Guidewire Software Inc.’s (GWRE) price momentum. With a historical volatility rate of 44.78%, the RSI 9-day stood at 61.21% on 17 March.
With respect to its five-day moving average, the current Guidewire Software Inc. price is up by +7.97% percent or $5.70. At present, GWRE shares trade +4.41% above its 20-day simple moving average and +35.84% percent above its 100-day simple moving average. However, the stock is currently trading approximately +21.69% above its SMA50 and -3.43% below its SMA200.
Stochastic coefficient K was 92.47% and Stochastic coefficient D was 84.53%, while ATR was 2.62. Given the Stochastic reading of 82.69% for the 14-day period, the RSI (14) reading has been calculated as 59.40%. As of today, the MACD Oscillator reading stands at 2.43, while the 14-day reading stands at 3.82.
With a median target price of $83.00, the current consensus forecast for the stock is $60.00 – $95.00. Based on these forecasts, analysts predict Guidewire Software Inc. (GWRE) will achieve an average price target of $82.23.