GWRE Stock Summary and Trading Ideas (Guidewire Software | NYSE:GWRE)

Guidewire Software provides software solutions for property and casualty insurers. Flagship product InsuranceSuite is an on-premises system of record and comprises ClaimCenter, a claims management system; PolicyCenter, a policy management system including policy definitions, quotas, issuance, maintenance, and renewal; and BillingCenter, for billing management, payment plans, and agent commissions. The company also offers InsuranceNow, a cloud-based offering, as well as a variety of other add-on applications.

Guidewire Software trades on the NYSE stock market under the symbol GWRE.

As of January 2, 2025, GWRE stock price climbed to $169.50 with 841,220 million shares trading.

GWRE has a beta of 0.61, meaning it tends to be less sensitive to market movements. GWRE has a correlation of 0.07 to the broad based SPY ETF.

GWRE has a market cap of $14.01 billion. This is considered a Large Cap stock.

Last quarter Guidewire Software reported $263 million in Revenue and $.43 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.13.

In the last 3 years, GWRE traded as high as $209.15 and as low as $52.08.

The top ETF exchange traded funds that GWRE belongs to (by Net Assets): VTI, VB, VXF, VBK, VGT.

GWRE has outperformed the market in the last year with a price return of +55.4% while the SPY ETF gained +24.5%. However, in the short term, GWRE had mixed performance relative to the market. It has underperformed in the last 3 months, returning -7.3% vs +2.2% return in SPY. But in the last 2 weeks, GWRE shares have fared better than the market returning -1.7% compared to SPY -2.9%.

GWRE support price is $165.94 and resistance is $171.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GWRE shares will trade within this expected range on the day.