Guidewire Software (NYSE:GWRE) Target Raised by Goldman Sachs Group Inc to $129.00

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Guidewire Software stock has undergone multiple analysts rating changes in the recent past.  Guidewire Software stock Target Raised by   Goldman Sachs Group Inc on 6/29/2020. In a note to investors, the firm issued a new target price of $129.00. The analysts previously had $128.00 target price. Goldman Sachs Group Inc’s price target would indicate a potential upside of 16.59% from the stock’s previous close.

Shares of Guidewire Software traded down -$1.60 on Monday, reaching $109.04. 376804 shares of the stock traded hands, compared to its average volume of 682480. Shares of were trading at $109.04 on Monday. The firm’s 50 day moving average is $99.15 and its 200 day moving average is 104.28.Guidewire Software  has a 12 month low of $107.99 and a 12 month high of $124.16. While on yearly highs and lows, Guidewire Software today has traded high as $110.55 and has touched $107.99 on the downward trend.

Guidewire Software Earnings and What to expect: 

Guidewire Software last released its earnings results on June 3rd, 2020. The technology company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.14. The business earned $168.17 million during the quarter, compared to analysts’ expectations of $151.49 million. Its revenue for the quarter was up 3.3% compared to the same quarter last year. Guidewire Software has generated $0.63 earnings per share over the last year. Guidewire Software has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, September 3rd, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.37%
  • On 6/18/2020 CFO Jeffrey Elliott Cooper Sell 725 at average share price of $106.60 which equates to $77,285.00 in money value.
  • On 6/18/2020 Director Marcus Ryu Sell 19,898 at average price of  $106.87 with total value of : Not Data Available
  • On 6/18/2020 COO Priscilla Hung Sell 2,956 at average price of  $106.84 with total value of : $315,819.04
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Guidewire Software

  • 6/4/2020 – Guidewire Software had its price target raised by analysts at DA Davidson from $120.00 to $135.00. They now have a “buy” rating on the stock. ()
  • 6/4/2020 – Guidewire Software had its price target raised by analysts at Wells Fargo & Co from $80.00 to $88.00. They now have an “underweight” rating on the stock. ()
  • 6/4/2020 – Guidewire Software had its price target raised by analysts at Needham & Company LLC from $120.00 to $135.00. They now have a “buy” rating on the stock. ()
  • 6/4/2020 – Guidewire Software had its price target raised by analysts at BTIG Research from $100.00 to $130.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Goldman Sachs Group Inc: 

  • 6/29/2020 – Bill.com is now covered by analysts at Goldman Sachs Group Inc. They set a “buy” rating and a $34.00 price target on the stock. ()
  • 6/29/2020 – Zuora had its price target raised by analysts at Goldman Sachs Group Inc from $10.00 to $11.00. ()
  • 6/29/2020 – Zendesk had its price target raised by analysts at Goldman Sachs Group Inc from $96.00 to $113.00. ()
  • 6/29/2020 – Workiva had its price target raised by analysts at Goldman Sachs Group Inc from $41.00 to $52.00. ()
  • See More Analyst Rating at: RATING

Guidewire Software (NYSE:GWRE) Moving Average Technical Analysis

5 day Moving Average is $108.7 And 5 day price change is 0.49 (0.0045)  with average volume for 5 day average is 765,250. While technical analysis for average 20 days shows significant difference, 20 day moving average is  107.13 and 20 day price change is 2.7 (0.0254) and average 20 day moving volume is 688,563. 50 day moving average is 99.15  and 50 day price change is 20.36 ( 0.2294)  and with average volume for 50 days is : 586,179. 200 day moving average is 104.28  and 200 day price change is 1.64 (0.0153)  and with average volume for 200 days is : 806,848.

See More Analyst Rating at: RATING