Guidewire Software (NYSE:GWRE) Issues Earnings Results, Beats Expectations By $0.08 EPS

Guidewire Software (NYSE:GWRE) issued its quarterly earnings results on Thursday. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.08, Briefing.com reports. Guidewire Software had a negative net margin of 1.11% and a negative return on equity of 1.19%. The company had revenue of $291.50 million during the quarter, compared to analyst estimates of $283.84 million. During the same quarter last year, the business posted $0.30 EPS. Guidewire Software’s quarterly revenue was up 8.0% compared to the same quarter last year. Guidewire Software updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Guidewire Software Stock Performance

NYSE:GWRE opened at $161.71 on Friday. Guidewire Software has a 52-week low of $83.91 and a 52-week high of $171.74. The stock has a fifty day moving average of $144.64 and a 200 day moving average of $128.04. The firm has a market capitalization of $13.37 billion, a price-to-earnings ratio of -1,243.92 and a beta of 1.19.

Insiders Place Their Bets

In related news, CFO Jeffrey Elliott Cooper sold 1,765 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of $134.20, for a total value of $236,863.00. Following the sale, the chief financial officer now directly owns 61,714 shares of the company’s stock, valued at $8,282,018.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider John P. Mullen sold 1,350 shares of the stock in a transaction dated Friday, July 19th. The stock was sold at an average price of $139.12, for a total transaction of $187,812.00. Following the transaction, the insider now directly owns 139,171 shares in the company, valued at approximately $19,361,469.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jeffrey Elliott Cooper sold 1,765 shares of the firm’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $134.20, for a total value of $236,863.00. Following the transaction, the chief financial officer now directly owns 61,714 shares in the company, valued at $8,282,018.80. The disclosure for this sale can be found here. Insiders have sold 13,064 shares of company stock worth $1,782,775 in the last ninety days. 0.38% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GWRE. JMP Securities upped their price target on Guidewire Software from $141.00 to $179.00 and gave the company a “market outperform” rating in a research report on Friday. Wells Fargo & Company increased their target price on shares of Guidewire Software from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday. JPMorgan Chase & Co. boosted their price target on shares of Guidewire Software from $133.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, June 5th. Bank of America upped their price target on shares of Guidewire Software from $80.00 to $95.00 and gave the company an “underperform” rating in a research note on Wednesday, June 5th. Finally, Oppenheimer lifted their price objective on shares of Guidewire Software from $170.00 to $185.00 and gave the company an “outperform” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $158.38.

About Guidewire Software

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.