Guidewire Software Inc (NYSE: GWRE) stock enjoyed a major increase of 12.4% on 9/6/24. The shares closed at $161.72. Moreover, this advance was accompanied by exceptionally high trading volume at 498% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.8% 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 (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 8 but a very high Power Rating of 90, triggering the 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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