Wall Street brokerages expect Guidance Software, Inc. (NASDAQ:GUID) to announce $28.28 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Guidance Software’s earnings, with the highest sales estimate coming in at $29.15 million and the lowest estimate coming in at $27.12 million. Guidance Software posted sales of $27.56 million in the same quarter last year, which suggests a positive year over year growth rate of 2.6%. The firm is expected to report its next quarterly earnings report on Tuesday, August 1st.

On average, analysts expect that Guidance Software will report full year sales of $28.28 million for the current financial year, with estimates ranging from $114.00 million to $116.33 million. For the next financial year, analysts expect that the business will report sales of $123.61 million per share, with estimates ranging from $117.00 million to $127.89 million. Zacks’ sales averages are an average based on a survey of analysts that cover Guidance Software.

Guidance Software (NASDAQ:GUID) last announced its quarterly earnings results on Tuesday, May 2nd. The software maker reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.02. Guidance Software had a negative net margin of 14.07% and a negative return on equity of 1,293.38%. The firm had revenue of $26.79 million during the quarter, compared to the consensus estimate of $26.80 million.

A number of equities analysts recently weighed in on the stock. B. Riley restated a “buy” rating and set a $9.00 target price on shares of Guidance Software in a research report on Monday, May 8th. TheStreet upgraded shares of Guidance Software from a “d-” rating to a “c-” rating in a research report on Wednesday, May 3rd. Zacks Investment Research lowered shares of Guidance Software from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Piper Jaffray Companies assumed coverage on shares of Guidance Software in a research report on Tuesday, April 4th. They set an “overweight” rating and a $8.50 target price for the company. Finally, Northland Securities assumed coverage on shares of Guidance Software in a research report on Monday, April 10th. They set an “outperform” rating and a $8.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $15.03.

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In related news, major shareholder Shawn Mccreight sold 70,000 shares of the company’s stock in a transaction on Monday, June 26th. The shares were sold at an average price of $6.68, for a total transaction of $467,600.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Patrick Dennis sold 17,705 shares of the company’s stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $5.82, for a total transaction of $103,043.10. Following the sale, the chief executive officer now directly owns 919,018 shares in the company, valued at approximately $5,348,684.76. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 629,589 shares of company stock valued at $4,061,743. 38.11% of the stock is owned by company insiders.

A number of large investors have recently added to or reduced their stakes in GUID. TIAA CREF Investment Management LLC increased its stake in Guidance Software by 0.9% in the first quarter. TIAA CREF Investment Management LLC now owns 70,814 shares of the software maker’s stock worth $418,000 after buying an additional 622 shares during the last quarter. Oxford Asset Management increased its stake in Guidance Software by 108.4% in the first quarter. Oxford Asset Management now owns 76,027 shares of the software maker’s stock worth $449,000 after buying an additional 39,547 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new stake in Guidance Software during the first quarter worth about $431,000. TFS Capital LLC acquired a new stake in Guidance Software during the first quarter worth about $225,000. Finally, Bank of New York Mellon Corp increased its stake in Guidance Software by 8.6% in the first quarter. Bank of New York Mellon Corp now owns 66,975 shares of the software maker’s stock worth $395,000 after buying an additional 5,280 shares during the last quarter. 52.77% of the stock is currently owned by institutional investors.

Guidance Software (NASDAQ:GUID) opened at 7.14 on Friday. Guidance Software has a one year low of $4.52 and a one year high of $7.80. The company’s market capitalization is $215.94 million. The firm has a 50-day moving average of $6.57 and a 200 day moving average of $6.65.

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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Earnings History and Estimates for Guidance Software (NASDAQ:GUID)

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