The stock of Guidance Software, Inc. (NASDAQ:GUID) hit a new 52-week high and has $7.95 target or 5.00% above today’s $7.57 share price. The 8 months bullish chart indicates low risk for the $248.54 million company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $7.95 price target is reached, the company will be worth $12.43M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 21,183 shares traded hands. Guidance Software, Inc. (NASDAQ:GUID) has risen 51.53% since April 25, 2016 and is uptrending. It has outperformed by 45.51% the S&P500.
Analysts await Guidance Software, Inc. (NASDAQ:GUID) to report earnings on February, 9. They expect $-0.05 earnings per share, up 54.55% or $0.06 from last year’s $-0.11 per share. After $-0.10 actual earnings per share reported by Guidance Software, Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth.
Guidance Software, Inc. (NASDAQ:GUID) Ratings Coverage
Out of 5 analysts covering Guidance Software (NASDAQ:GUID), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $7 is the highest target while $5.50 is the lowest. The $7 average target is -7.53% below today’s ($7.57) stock price. Guidance Software has been the topic of 11 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Benchmark on Friday, May 6. The company was maintained on Friday, July 31 by Benchmark. As per Wednesday, November 16, the company rating was initiated by Roth Capital. The company was initiated on Wednesday, November 16 by TH Capital. Benchmark maintained Guidance Software, Inc. (NASDAQ:GUID) rating on Friday, February 12. Benchmark has “Buy” rating and $6 price target. On Thursday, November 12 the stock rating was maintained by Imperial Capital with “In-Line”. The stock of Guidance Software, Inc. (NASDAQ:GUID) has “Outperform” rating given on Friday, November 11 by Imperial Capital. Gabelli upgraded the shares of GUID in a report on Monday, August 3 to “Buy” rating. The stock of Guidance Software, Inc. (NASDAQ:GUID) has “Buy” rating given on Tuesday, November 3 by Benchmark. The firm earned “Hold” rating on Wednesday, August 5 by Zacks.
According to Zacks Investment Research, “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.”
Insitutional Activity: The institutional sentiment increased to 1.53 in 2016 Q2. Its up 0.33, from 1.2 in 2016Q1. The ratio increased, as 8 funds sold all Guidance Software, Inc. shares owned while 17 reduced positions. 6 funds bought stakes while 24 increased positions. They now own 15.35 million shares or 1.01% less from 15.51 million shares in 2016Q1.
Moreover, Bourgeon Management Lc has 0.96% invested in Guidance Software, Inc. (NASDAQ:GUID) for 237,784 shares. Vanguard Gp Inc, a Pennsylvania-based fund reported 914,006 shares. Herald Invest Ltd has invested 0.52% of its portfolio in Guidance Software, Inc. (NASDAQ:GUID). Citigroup Incorporated holds 0% or 4,090 shares in its portfolio. Geode Management Limited Co accumulated 0% or 138,710 shares. Gamco Invsts Et Al accumulated 290,880 shares or 0.01% of the stock. Boston Ptnrs has 0% invested in the company for 167,030 shares. Spark Mngmt Ltd Liability, a New York-based fund reported 13,600 shares. Goldman Sachs Group Inc, a New York-based fund reported 81,200 shares. Teachers Advsrs has 32,871 shares for 0% of their US portfolio. Blackrock Institutional Co Na holds 0% or 169,160 shares in its portfolio. Barclays Public Limited Liability Corporation last reported 2,913 shares in the company. True Bearing Asset Mngmt Lp accumulated 1.91% or 58,613 shares. California State Teachers Retirement System holds 47,410 shares or 0% of its portfolio. Gabelli Funds Ltd, a New York-based fund reported 85,077 shares.
Insider Transactions: Since October 31, 2016, the stock had 0 insider purchases, and 1 sale for $17,095 net activity. On Monday, October 31 Gomez Alfredo sold $17,095 worth of the stock or 3,247 shares.
GUID Company Profile
Guidance Software, Inc., incorporated on November 17, 2006, is a technology company. The Firm is a well-known provider of endpoint investigation solutions for cybersecurity analytics, security incident response, e-discovery, data privacy and forensic analysis. The Company’s services and products provide the investigative and forensic services to enables its clients to search, collect, and analyze electronically stored information in order to address and remediate suspicious network activity and respond to security breaches, litigation, human resources matters, regulatory requests, allegations of fraud, and to defend their organizations’ digital assets. The Company’s products are used in various circumstances, including investigations of security breaches, allegations of fraud or misconduct, intellectual property theft, regulatory and data privacy compliance reporting, and corporate policy compliance.
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