According to Zacks, “GUIDANCE SOFTWARE INC., is recognized worldwide as the industry leader in digital investigative solutions. Its EnCase platform provides the foundation for government, corporate and law enforcement organizations to conduct thorough, network-enabled, and court-validated computer investigations of any kind, such as responding to eDiscovery requests, conducting internal investigations, responding to regulatory inquiries or performing data and compliance auditing – all while maintaining the integrity of the data. Validated by numerous courts, corporate legal departments, government agencies and law enforcement organizations worldwide, EnCase has been honored with industry awards and recognition from eWEEK, SC Magazine, Network Computing and the Socha-Gelbmann survey. “
Several other brokerages also recently issued reports on GUID. Bank of America Corp. downgraded Guidance Software from a neutral rating to an underperform rating and set a $60.00 price objective for the company. in a research report on Friday, September 16th. They noted that the move was a valuation call. Imperial Capital reiterated an in-line rating and set a $5.50 price objective on shares of Guidance Software in a research report on Sunday, July 24th. Finally, B. Riley reiterated a buy rating and set a $8.00 price objective on shares of Guidance Software in a research report on Tuesday, August 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $17.45.
Guidance Software (NASDAQ:GUID) opened at 5.71 on Wednesday. The firm’s 50-day moving average price is $5.89 and its 200 day moving average price is $5.60. Guidance Software has a 52-week low of $3.27 and a 52-week high of $6.86. The stock’s market cap is $165.09 million.
Guidance Software (NASDAQ:GUID) last posted its earnings results on Tuesday, August 2nd. The company reported ($0.08) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.02. The company earned $27.60 million during the quarter, compared to analyst estimates of $27.87 million. Guidance Software had a negative return on equity of 192.05% and a negative net margin of 21.87%. The business’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.05) earnings per share. Equities analysts predict that Guidance Software will post ($0.24) earnings per share for the current year.
A number of large investors have recently added to or reduced their stakes in the company. Rhumbline Advisers increased its stake in Guidance Software by 7.3% in the second quarter. Rhumbline Advisers now owns 20,500 shares of the company’s stock worth $127,000 after buying an additional 1,400 shares during the period. Summit Securities Group LLC purchased a new stake in Guidance Software during the second quarter worth $129,000. Alliancebernstein L.P. increased 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 during the period. Algert Global LLC purchased a new stake in Guidance Software during the first quarter worth $140,000. Finally, Teachers Advisors Inc. increased 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 during the period. Hedge funds and other institutional investors own 49.16% 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.
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