Guidance Software, Inc. (NASDAQ:GUID) Stock Rating Reaffirmed by B. Riley
B. Riley reissued their neutral rating on shares of Guidance Software, Inc. (NASDAQ:GUID) in a report released on Thursday morning, MarketBeat Ratings reports. B. Riley currently has a $7.10 target price on the software maker’s stock.
A number of other brokerages have also weighed in on GUID. Zacks Investment Research lowered shares of Guidance Software from a buy rating to a hold rating in a research report on Tuesday, April 18th. TheStreet upgraded shares of Guidance Software from a d- rating to a c- rating in a research report on Wednesday, May 3rd. Northland Securities began coverage on shares of Guidance Software in a research report on Monday, April 10th. They set an outperform rating and a $8.00 target price for the company. Piper Jaffray Companies began coverage on shares of Guidance Software in a research report on Tuesday, April 4th. They set an overweight rating and a $8.50 target price for the company. Finally, Gabelli restated a hold rating on shares of Guidance Software in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Guidance Software has an average rating of Hold and a consensus price target of $14.61.
Guidance Software (GUID) traded down 0.14% during mid-day trading on Thursday, hitting $7.07. 1,994,852 shares of the stock traded hands. The company’s market cap is $213.82 million. Guidance Software has a 12 month low of $4.52 and a 12 month high of $7.80. The company’s 50 day moving average is $6.82 and its 200 day moving average is $6.60.
Guidance Software (NASDAQ:GUID) last posted its quarterly earnings results on Tuesday, May 2nd. The software maker reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.02. The business had revenue of $26.79 million during the quarter, compared to analyst estimates of $26.80 million. Guidance Software had a negative net margin of 14.07% and a negative return on equity of 1,293.38%. On average, analysts expect that Guidance Software will post $0.31 earnings per share for the current fiscal year.
In other Guidance Software news, CEO Patrick Dennis sold 17,705 shares of the stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $5.82, for a total transaction of $103,043.10. Following the completion of the transaction, the chief executive officer now owns 919,018 shares in the company, valued at $5,348,684.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Shawn Mccreight sold 25,000 shares of the stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $6.14, for a total transaction of $153,500.00. The disclosure for this sale can be found here. Insiders have sold 594,654 shares of company stock valued at $3,880,852 in the last quarter. 8.40% of the stock is owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the stock. TIAA CREF Investment Management LLC raised its position in Guidance Software by 0.9% in the first quarter. TIAA CREF Investment Management LLC now owns 70,814 shares of the software maker’s stock valued at $418,000 after buying an additional 622 shares during the period. Oxford Asset Management raised its position in Guidance Software by 108.4% in the first quarter. Oxford Asset Management now owns 76,027 shares of the software maker’s stock valued at $449,000 after buying an additional 39,547 shares during the period. Hillsdale Investment Management Inc. acquired a new position in Guidance Software during the first quarter valued at approximately $431,000. TFS Capital LLC acquired a new position in Guidance Software during the first quarter valued at approximately $225,000. Finally, Bank of New York Mellon Corp raised its position in Guidance Software by 8.6% in the first quarter. Bank of New York Mellon Corp now owns 66,975 shares of the software maker’s stock valued at $395,000 after buying an additional 5,280 shares during the period. Institutional investors and hedge funds own 52.73% of the company’s stock.
Guidance Software Company Profile
Guidance Software, Inc is a technology company. The Company is a provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company has five segments, which include Products, Subscription, Professional services, Training and Maintenance.
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