Wall Street analysts expect that Guidance Software, Inc. (NASDAQ:GUID) will post $28.95 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Guidance Software’s earnings. The lowest sales estimate is $28.70 million and the highest is $29.17 million. Guidance Software posted sales of $27.71 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 4.5%. The company is scheduled to report its next quarterly earnings report on Thursday, November 2nd.

On average, analysts expect that Guidance Software will report full-year sales of $28.95 million for the current year, with estimates ranging from $103.30 million to $116.33 million. For the next year, analysts forecast that the firm 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 research firms that cover Guidance Software.

Guidance Software (NASDAQ:GUID) last released its quarterly earnings data on Tuesday, August 1st. The software maker reported ($0.01) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.02. The firm had revenue of $24.66 million during the quarter, compared to the consensus estimate of $27.63 million. Guidance Software had a negative return on equity of 1,293.38% and a negative net margin of 6.56%.

Several research analysts have recently issued reports on the company. B. Riley lowered Guidance Software from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $9.00 to $7.10 in a research report on Thursday, July 27th. Piper Jaffray Companies lowered Guidance Software from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $8.50 to $7.00 in a research report on Wednesday, July 26th. TheStreet raised 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. Finally, Gabelli reissued a “hold” rating on shares of Guidance Software in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $14.61.

In related news, major shareholder Shawn Mccreight sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $6.56, for a total transaction of $98,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have sold 920,680 shares of company stock valued at $6,243,422. 8.40% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. First Quadrant L P CA bought a new position in Guidance Software during the second quarter worth $134,000. Citadel Advisors LLC raised its position in Guidance Software by 38.6% in the first quarter. Citadel Advisors LLC now owns 22,707 shares of the software maker’s stock worth $134,000 after buying an additional 6,319 shares during the period. Rhumbline Advisers raised its position in Guidance Software by 1.1% in the second quarter. Rhumbline Advisers now owns 23,953 shares of the software maker’s stock worth $158,000 after buying an additional 260 shares during the period. TFS Capital LLC bought a new position in Guidance Software during the first quarter worth $225,000. Finally, Trexquant Investment LP bought a new position in Guidance Software during the second quarter worth $277,000. 53.54% of the stock is owned by institutional investors.

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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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