Currently, there are 83.52M common shares owned by the public and among those 82.84M shares have been available to trade.
The company’s stock has a 5-day price change of 14.57% and 10.03% over the past three months. GWRE shares are trading 22.17% year to date (YTD), with the 12-month market performance up to 81.00% higher. It has a 12-month low price of $107.00 and touched a high of $212.00 over the same period. GWRE has an average intraday trading volume of 975.61K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 16.57%, 11.81%, and 31.86% respectively.
Institutional ownership of Guidewire Software Inc (NYSE: GWRE) shares accounts for 99.95% of the company’s 83.52M shares outstanding.
It has a market capitalization of $17.20B and a beta (3y monthly) value of 1.26. The stock’s trailing 12-month PE ratio is 582.63, while the earnings-per-share (ttm) stands at $0.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.56% over the week and 2.26% over the month.
Earnings per share for the fiscal year are expected to increase by 49.77%, and 27.95% over the next financial year.
Looking at the support for the GWRE, a number of firms have released research notes about the stock. Goldman stated their Buy rating for the stock in a research note on January 23, 2025, with the firm’s price target at $210. Raymond James coverage for the Guidewire Software Inc (GWRE) stock in a research note released on February 01, 2024 offered a Outperform rating with a price target of $125. Wells Fargo was of a view on December 20, 2023 that the stock is Overweight, while Oppenheimer gave the stock Outperform rating on December 08, 2023, issuing a price target of $100- $115. Robert W. Baird on their part issued Outperform rating on November 14, 2023.
