Research Analysts Set Expectations for Guidance Software Inc.’s FY2016 Earnings (GUID)
Guidance Software Inc. (NASDAQ:GUID) – Equities research analysts at Roth Capital issued their FY2016 earnings per share estimates for Guidance Software in a report issued on Wednesday. Roth Capital analyst B. Alger forecasts that the brokerage will earn ($0.44) per share for the year. Roth Capital has a “Buy” rating and a $10.00 price target on the stock. Roth Capital also issued estimates for Guidance Software’s Q4 2016 earnings at ($0.05) EPS, Q1 2017 earnings at ($0.06) EPS, Q2 2017 earnings at ($0.05) EPS, Q3 2017 earnings at ($0.04) EPS, Q4 2017 earnings at ($0.03) EPS, FY2017 earnings at ($0.16) EPS and FY2018 earnings at ($0.11) EPS.
A number of other research firms have also recently commented on GUID. Zacks Investment Research cut Guidance Software from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. B. Riley restated a “buy” rating and set a $8.00 price target on shares of Guidance Software in a research report on Tuesday, August 9th. Imperial Capital upped their price target on shares of Guidance Software from $5.50 to $5.75 and gave the company an “in-line” rating in a research report on Thursday, August 4th. Finally, Bank of America Corp. lowered shares of Guidance Software from a “neutral” rating to an “underperform” rating and set a $60.00 price target for the company. in a research report on Friday, September 16th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $16.33.
Shares of Guidance Software (NASDAQ:GUID) opened at 7.17 on Monday. The company has a 50-day moving average price of $5.72 and a 200-day moving average price of $5.83. The company’s market capitalization is $207.45 million. Guidance Software has a 12 month low of $3.27 and a 12 month high of $7.18.
Guidance Software (NASDAQ:GUID) last issued its earnings results on Thursday, November 3rd. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.06. Guidance Software had a negative return on equity of 357.86% and a negative net margin of 20.89%. The business earned $27.71 million during the quarter, compared to analyst estimates of $27.70 million. During the same period in the previous year, the company posted ($0.03) EPS. The firm’s revenue was up 3.3% compared to the same quarter last year.
Several hedge funds have recently bought and sold shares of the company. The Manufacturers Life Insurance Company purchased a new stake in Guidance Software during the third quarter worth $102,000. Rhumbline Advisers raised its stake in Guidance Software by 2.4% in the third quarter. Rhumbline Advisers now owns 21,000 shares of the company’s stock worth $125,000 after buying an additional 500 shares in the last quarter. Summit Securities Group LLC purchased a new stake in Guidance Software during the second quarter worth $129,000. Alliancebernstein L.P. raised its stake in Guidance Software by 1.8% in the second quarter. Alliancebernstein L.P. now owns 23,200 shares of the company’s stock worth $144,000 after buying an additional 400 shares in the last quarter. Finally, Teachers Advisors Inc. raised its stake in Guidance Software by 19.1% in the second quarter. Teachers Advisors Inc. now owns 32,871 shares of the company’s stock worth $203,000 after buying an additional 5,266 shares in the last quarter. Institutional investors own 49.93% of the company’s stock.
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About Guidance Software
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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