Alert: New Earnings Report (6/4/24)-Guidewire Software Inc (NYSE: GWRE).

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Guidewire Software Inc (NYSE: GWRE) has reported E.P.S. of $-0.07 for its third fiscal quarter (ending April 30) versus $-0.56 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $-0.13 versus $-1.88 for the same period a year ago.

Recent Price Action

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Guidewire Software Inc (NYSE: GWRE) stock closed at $108.05 on 6/4/24 after a modest decline of -1.5%. Moreover, exceptionally high trading volume at 290% of normal accompanied the decline. The stock has declined -10.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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, triggering the Low Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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