Guidance Software, Inc. (GUID) Issues Q2 Earnings Guidance

Guidance Software, Inc. (NASDAQ:GUID) updated its second quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.06. The company issued revenue guidance of $24.5-24.6 million, compared to the consensus revenue estimate of $28.43 million.

A number of research analysts have recently commented on the stock. Piper Jaffray Companies assumed coverage on shares of Guidance Software in a research report on Tuesday, April 4th. They issued an overweight rating and a $8.50 price objective for the company. TheStreet raised shares of Guidance Software from a d- rating to a c- rating in a research report on Wednesday, May 3rd. B. Riley reissued a buy rating and issued a $9.00 price objective on shares of Guidance Software in a research report on Wednesday, May 3rd. Northland Securities set a $8.00 price objective on shares of Guidance Software and gave the company a buy rating in a research report on Saturday. Finally, Zacks Investment Research raised shares of Guidance Software from a hold rating to a buy rating and set a $6.75 price objective for the company in a research report on Tuesday, May 9th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of $15.03.

Shares of Guidance Software, Inc. (NASDAQ:GUID) traded up 3.116% during mid-day trading on Wednesday, reaching $7.115. 2,052,107 shares of the company’s stock traded hands. The firm has a 50-day moving average of $6.77 and a 200 day moving average of $6.60. Guidance Software, Inc. has a 12-month low of $4.52 and a 12-month high of $7.80. The company’s market cap is $215.18 million.

Guidance Software (NASDAQ:GUID) last released its quarterly earnings results on Tuesday, May 2nd. The software maker reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.02. The business had revenue of $26.79 million for the quarter, compared to analysts’ expectations of $26.80 million. Guidance Software had a negative net margin of 14.07% and a negative return on equity of 1,293.38%. Equities analysts forecast that Guidance Software, Inc. will post $0.31 EPS for the current year.

In other Guidance Software news, major shareholder Shawn Mccreight sold 10,000 shares of the firm’s stock in a transaction on Monday, May 8th. The stock was sold at an average price of $6.13, for a total transaction of $61,300.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Patrick Dennis sold 17,705 shares of the firm’s stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $5.82, for a total value of $103,043.10. Following the transaction, the chief executive officer now directly owns 919,018 shares of the company’s stock, valued at approximately $5,348,684.76. The disclosure for this sale can be found here. Insiders have sold 609,654 shares of company stock valued at $3,974,002 in the last three months. Insiders own 8.40% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This story was posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this story on another publication, it was illegally stolen and republished in violation of U.S. & international trademark & copyright law. The correct version of this story can be viewed at https://sportsperspectives.com/2017/07/26/guidance-software-inc-guid-issues-q2-earnings-guidance.html.

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.

Earnings History and Estimates for Guidance Software (NASDAQ:GUID)

Receive News & Ratings for Guidance Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidance Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply