Does Earnings Surprise History Hold Any Clue for Guidewire Software (NYSE:GWRE)

Earnings results for Guidewire Software (NYSE:GWRE)

Guidewire Software, Inc. is expected* to report earnings on 06/02/2021 after market close. The report will be for the fiscal Quarter ending Apr 2021. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.51. The reported EPS for the same quarter last year was $-0.16.

Guidewire Software last posted its earnings results on March 3rd, 2021. The technology company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.12. The business had revenue of $180.06 million for the quarter, compared to analysts’ expectations of $170.28 million. Its revenue for the quarter was up 3.8% compared to the same quarter last year. Guidewire Software has generated $0.20 earnings per share over the last year. Guidewire Software has confirmed that its next quarterly earnings report will be published on Wednesday, June 2nd, 2021.

Analyst Opinion on Guidewire Software (NYSE:GWRE)

8 Wall Street analysts have issued ratings and price targets for Guidewire Software in the last 12 months. Their average twelve-month price target is $126.38, predicting that the stock has a possible upside of 29.75%. The high price target for GWRE is $144.00 and the low price target for GWRE is $88.00. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Guidewire Software has received a consensus rating of Hold. The company’s average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $126.38, Guidewire Software has a forecasted upside of 29.7% from its current price of $97.40. Guidewire Software has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: Guidewire Software (NYSE:GWRE)

Guidewire Software does not currently pay a dividend. Guidewire Software does not have a long track record of dividend growth.

Insiders buying/selling: Guidewire Software (NYSE:GWRE)

In the past three months, Guidewire Software insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,008,962.00 in company stock. Only 0.12% of the stock of Guidewire Software is held by insiders.

Earnings and Valuation of Guidewire Software (NYSE:GWRE

Earnings for Guidewire Software are expected to decrease in the coming year, from ($0.90) to ($0.96) per share. The P/E ratio of Guidewire Software is -389.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Guidewire Software is -389.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Guidewire Software has a P/B Ratio of 4.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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