Equities analysts expect that Guidance Software, Inc. (NASDAQ:GUID) will post earnings per share of ($0.04) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Guidance Software’s earnings. The highest EPS estimate is ($0.03) and the lowest is ($0.04). Guidance Software reported earnings of ($0.16) per share in the same quarter last year, which would indicate a positive year over year growth rate of 75%. The firm is scheduled to report its next earnings results on Tuesday, August 1st.
According to Zacks, analysts expect that Guidance Software will report full year earnings of $0.01 per share for the current year, with EPS estimates ranging from ($0.01) to $0.04. For the next year, analysts anticipate that the company will post earnings of $0.11 per share, with EPS estimates ranging from $0.10 to $0.12. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Guidance Software.
Guidance Software (NASDAQ:GUID) last released its earnings results on Tuesday, May 2nd. The software maker reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.02. Guidance Software had a negative return on equity of 1,293.38% and a negative net margin of 14.07%. The firm had revenue of $26.79 million for the quarter, compared to analysts’ expectations of $26.80 million.
Several brokerages have recently commented on GUID. B. Riley reiterated a “buy” rating and set a $9.00 price objective on shares of Guidance Software in a research report on Monday, May 8th. TheStreet upgraded Guidance Software from a “d-” rating to a “c-” rating in a research report on Wednesday, May 3rd. Zacks Investment Research lowered Guidance Software from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Piper Jaffray Companies began coverage on Guidance Software in a research report on Tuesday, April 4th. They set an “overweight” rating and a $8.50 price objective on the stock. Finally, Northland Securities began coverage on Guidance Software in a research report on Monday, April 10th. They set an “outperform” rating and a $8.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $15.03.
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In other news, major shareholder Shawn Mccreight sold 9,383 shares of Guidance Software stock in a transaction that occurred on Thursday, July 13th. The stock was sold at an average price of $7.02, for a total value of $65,868.66. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Patrick Dennis sold 17,705 shares of Guidance Software stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $5.82, for a total value of $103,043.10. Following the completion of the sale, the chief executive officer now owns 919,018 shares in the company, valued at $5,348,684.76. The disclosure for this sale can be found here. Over the last quarter, insiders sold 619,589 shares of company stock worth $4,002,243. Corporate insiders own 8.40% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. purchased a new position in Guidance Software during the fourth quarter worth approximately $819,000. State Street Corp boosted its position in Guidance Software by 2.0% in the fourth quarter. State Street Corp now owns 304,945 shares of the software maker’s stock worth $2,159,000 after buying an additional 5,982 shares during the last quarter. Renaissance Technologies LLC boosted its position in Guidance Software by 3.9% in the fourth quarter. Renaissance Technologies LLC now owns 385,700 shares of the software maker’s stock worth $2,731,000 after buying an additional 14,400 shares during the last quarter. GSA Capital Partners LLP boosted its position in Guidance Software by 143.6% in the fourth quarter. GSA Capital Partners LLP now owns 29,632 shares of the software maker’s stock worth $210,000 after buying an additional 17,468 shares during the last quarter. Finally, Norges Bank purchased a new position in Guidance Software during the fourth quarter worth approximately $1,416,000. Institutional investors own 52.77% of the company’s stock.
Guidance Software (NASDAQ:GUID) traded down 0.84% on Friday, reaching $7.08. The company’s stock had a trading volume of 46,072 shares. Guidance Software has a 52-week low of $4.52 and a 52-week high of $7.80. The firm’s market cap is $214.12 million. The stock’s 50 day moving average price is $6.57 and its 200 day moving average price is $6.65.
About Guidance Software
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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