Wells Fargo analyst Michael Turrin maintains $Guidewire Software (GWRE.US)$ with a buy rating, and adjusts the target price from $185 to $200.
According to TipRanks data, the analyst has a success rate of 43.4% and a total average return of -3.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Guidewire Software (GWRE.US)$'s main analysts recently are as follows:
The insurance industry is described as 'relatively defensive' over the past year, with higher premiums favorably impacting insurance software budgets. Both industry and company-specific tailwinds are expected to support Guidewire into its next fiscal year, as it is poised to achieve mid-to-high teens growth due to acceleration from its cloud transition and market share gains.
In anticipation of the investor day on October 10, there is an expectation that management will set a formal timeline for achieving its $1.5B annual recurring revenue and operating cash flow margin goals of 29%-32%. This has led to an increased confidence in Guidewire's long-term growth potential.
The firm believes that Guidewire's recent analyst day likely provided insights into the main factors behind its recent performance improvements, progress towards its goals, and the long-term margin potential of the business, all of which come as investors are showing renewed interest. The firm anticipates that the stock will experience a well-deserved pause after the event.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
富國集團分析師Michael Turrin維持$Guidewire Software (GWRE.US)$買入評級，並將目標價從185美元上調至200美元。
根據TipRanks數據顯示，該分析師近一年總勝率為43.4%，總平均回報率為-3.8%。
此外，綜合報道，$Guidewire Software (GWRE.US)$近期主要分析師觀點如下：
在過去的一年中，保險業被描述爲 「相對具有防禦性」，較高的保費對保險軟件預算產生了有利影響。由於雲端過渡的加速和市場份額的增加，預計行業和公司特定的利好都將爲Guidewire提供支持，Guidewire有望實現中高水平的青少年增長。
預計10月10日將是投資者日，預計管理層將爲實現其15億美元的年度經常性收入和29％-32％的運營現金流利潤率目標設定正式的時間表。這增強了人們對Guidewire長期增長潛力的信心。
該公司認爲，Guidewire最近的分析師日可能爲其近期業績改善、實現目標的進展以及該業務的長期利潤潛力背後的主要因素提供了見解，所有這些都是在投資者重新表現出興趣之際發生的。該公司預計，該股將在事件發生後經歷當之無愧的暫停。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
