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.
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.
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.