Guidance Software Receives “Hold” Rating from Noble Financial (GUID)
Guidance Software (NASDAQ:GUID)‘s stock had its “hold” rating reaffirmed by Noble Financial in a research note issued on Friday, Analyst Ratings Network.com reports.
Shares of Guidance Software (NASDAQ:GUID) opened at 10.42 on Friday. Guidance Software has a 52 week low of $7.00 and a 52 week high of $13.08. The stock’s 50-day moving average is $9.33 and its 200-day moving average is $8.93. The company’s market cap is $270.1 million.
Guidance Software (NASDAQ:GUID) last announced its earnings results on Tuesday, November 5th. The company reported ($0.09) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.12) by $0.03. The company had revenue of $28.30 million for the quarter, compared to the consensus estimate of $28.33 million. During the same quarter last year, the company posted $0.15 earnings per share. Guidance Software’s revenue was down 21.6% compared to the same quarter last year. Analysts expect that Guidance Software will post $-0.45 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on GUID. Analysts at Benchmark Co. upgraded shares of Guidance Software from a “hold” rating to a “buy” rating in a research note to investors on Wednesday. They now have a $13.00 price target on the stock, up previously from $9.00. Analysts at Imperial Capital initiated coverage on shares of Guidance Software in a research note to investors on Wednesday, October 16th. They set an “outperform” rating and a $11.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. Guidance Software currently has an average rating of “Hold” and a consensus price target of $10.00.
Guidance Software, Inc is a provider of digital investigative solutions. The Company’s EnCase platform provides an investigative infrastructure that enables its customers to search, collect, and analyze electronically stored information in order to address human resources matters, litigation matters, allegations of fraud, suspicious network endpoint activity and defend their organization’s data assets.
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