Guidewire Software, Inc. (NYSE:GWRE) has received a consensus rating of “Buy” from the fourteen analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $79.25.

Several analysts have weighed in on GWRE shares. TheStreet raised shares of Guidewire Software from a “c+” rating to a “b” rating in a research note on Wednesday, September 6th. Deutsche Bank reaffirmed a “buy” rating and set a $85.00 price objective (up from $80.00) on shares of Guidewire Software in a research note on Monday, October 2nd. KeyCorp reissued a “buy” rating and set a $86.00 price target on shares of Guidewire Software in a research note on Friday, September 29th. Piper Jaffray Companies reissued a “buy” rating and set a $80.00 price target on shares of Guidewire Software in a research note on Sunday, August 27th. Finally, Citigroup reissued a “buy” rating and set a $85.00 price target (up from $79.00) on shares of Guidewire Software in a research note on Thursday, September 7th.

Shares of Guidewire Software (NYSE:GWRE) opened at $72.73 on Friday. The firm has a market cap of $5,374.83, a PE ratio of 178.30, a P/E/G ratio of 80.94 and a beta of 1.18. Guidewire Software has a 52 week low of $49.18 and a 52 week high of $83.52.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Wednesday, November 29th. The technology company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.10). The firm had revenue of $108.20 million for the quarter, compared to the consensus estimate of $100.61 million. Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. Guidewire Software’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.02 earnings per share. equities analysts anticipate that Guidewire Software will post 0.06 earnings per share for the current fiscal year.

In related news, insider Scott Roza sold 782 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $78.20, for a total value of $61,152.40. Following the transaction, the insider now directly owns 7,127 shares in the company, valued at $557,331.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Craig Conway sold 600 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $78.20, for a total transaction of $46,920.00. Following the completion of the transaction, the director now owns 9,447 shares in the company, valued at $738,755.40. The disclosure for this sale can be found here. Insiders have sold 114,179 shares of company stock worth $8,805,151 over the last three months. 0.69% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. DF Dent & Co. Inc. raised its holdings in Guidewire Software by 30.1% in the third quarter. DF Dent & Co. Inc. now owns 17,925 shares of the technology company’s stock worth $1,396,000 after purchasing an additional 4,150 shares during the period. Neuberger Berman Group LLC acquired a new stake in Guidewire Software in the third quarter worth $386,000. California Public Employees Retirement System raised its holdings in Guidewire Software by 12.3% in the third quarter. California Public Employees Retirement System now owns 99,256 shares of the technology company’s stock worth $7,728,000 after purchasing an additional 10,856 shares during the period. Bamco Inc. NY raised its holdings in Guidewire Software by 3.1% in the third quarter. Bamco Inc. NY now owns 5,082,409 shares of the technology company’s stock worth $395,716,000 after purchasing an additional 151,238 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in Guidewire Software in the third quarter worth $1,161,000.

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Guidewire Software Company Profile

Guidewire Software, Inc is a provider of software products for property and casualty (P&C) insurers. The Company’s software serves as a technology platform for P&C insurance carriers. The Company’s InsurancePlatform consists of three elements: core transaction processing, data management and analytics, and digital engagement.

Analyst Recommendations for Guidewire Software (NYSE:GWRE)

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