Why Guidewire Software, Inc. (NYSE:GWRE) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $70.17 on Guidewire Software, Inc. (NYSE:GWRE) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.78 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Guidewire Software, Inc. (NYSE:GWRE) stands at 420.68.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Guidewire Software, Inc. Common, the PEG ratio for coming 3-5 years is 4.12.

Technical Analysis

The technical analysis highlights that Guidewire Software, Inc. Common current is trading $-0.19 points away or -0.31% from its 50-day moving average of $61.61. Further it is trading $5.19 or +9.23% away its 200-day moving average of $56.23.

The 52-week high of Guidewire Software, Inc. (NYSE:GWRE) was $64.78 while lowest point recorded in 52-week was $42.32. It implies if stock price makes a movement of over $-3.36, it will record a new 52-week high. In the case of +45.13% drop, it will touch a new 52-week low.

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