Alert: Positive Investment/Fundamental Signals (6/28/24)-Guidewire Software Inc (NYSE: GWRE)

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Guidewire Software Inc (NYSE: GWRE). Extremely significant positive changes in investment behavior have recently occurred: the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.

Important positive changes in Guidewire Software Inc (NYSE: GWRE) fundamentals have recently occurred: the consensus estimate for July, 2025 increased significantly, and the consensus estimate for July, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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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 4 but a very high Power Rating of 87, producing the Low Neutral Value Trend Rating.

Recent Price Action

Guidewire Software Inc (NYSE: GWRE) stock closed at $137.89 on 6/28/24 after a modest gain of 0.5%. Moreover, trading volume in this advance was exceptionally high at 222% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.7% during the last week.

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