Guidewire Software Inc (NYSE: GWRE) stock closed at $127.46 on 6/5/24 after a major increase of 18.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 612% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.8% during the last week.
Current PriceTarget Research Rating
GWRE’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Guidewire Software has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Guidewire Software has a very low Appreciation Score of 5 but a good Power Rating of 83, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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