With 0.65 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.88 million shares. The 52-week range on GWRE shows that it touched its highest point at $263.20 and its lowest point at $131.82 during that stretch. It currently has a 1-year price target of $257.92. Beta for the stock currently stands at 1.16.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GWRE was down-trending over the past week, with a drop of -1.27%, but this was up by 17.18% over a month. Three-month performance surged to 42.16% while six-month performance rose 41.21%. The stock gained 92.91% in the past year, while it has gained 48.74% so far this year. A look at the trailing 12-month EPS for GWRE yields 0.39 with Next year EPS estimates of 2.80. For the next quarter, that number is 0.63. This implies an EPS growth rate of 81.14% for this year and 14.42% for next year.
Float and Shares Shorts:
At present, 84.20 million GWRE shares are outstanding with a float of 83.55 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GWRE since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.34915 being high and $1.19583 being low. For GWRE, this leads to a yearly average estimate of $1.26738.
