Guidewire Software Inc Stock Research

Market Summary

USD81.23+1.70

Market Closed

2.14%

GWRE Stock Price

GWRE RSI Chart

GWRE Valuation

Market Cap

6.7B

Price/Earnings (Trailing)

-39.92

Price/Sales (Trailing)

7.66

EV/EBITDA

-40.08

Price/Free Cashflow

-359.11

GWRE Price/Sales (Trailing)

GWRE Profitability

EBT Margin

-23.38%

Return on Equity

-16.27%

Return on Assets

-9.9%

Free Cashflow Yield

-0.28%

GWRE Fundamentals

GWRE Revenue

Revenue (TTM)

869.9M

Revenue Y/Y

13.67%

Revenue Q/Q

19.12%

GWRE Earnings

Earnings (TTM)

-167.0M

Earnings Y/Y

77.41%

Earnings Q/Q

86.74%

Price Action

52 Week Range

52.0883.14

(Low)(High)

Last 7 days

1.1%

Last 30 days

8.6%

Last 90 days

16.4%

Trailing 12 Months

1.6%

GWRE Financial Health

Current Ratio

3.66

GWRE Investor Care

Buy Backs (1Y)

1.63%

Diluted EPS (TTM)

-2

Peers (Alternatives to Guidewire Software)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	2.5T	207.6B	12.70%	25.81%	35.87	11.93	7.81%	-4.74%
ADBE	190.7B	18.0B	14.41%	1.66%	40.25	10.59	11.50%	-1.86%
AZPN	-	-	-29.25%	-13.98%	-	-	-	-
ORCL	281.0B	48.0B	11.07%	46.64%	33.56	5.86	14.66%	10.75%
CRM	217.4B	31.4B	12.49%	32.61%	1.0K	6.93	19.41%	-85.60%
ZM	20.5B	4.4B	7.88%	-38.07%	198.13	4.68	7.15%	-92.46%
MID-CAP
APPN	2.9B	489.0M	13.36%	-11.92%	-19.47	6.28	23.89%	-67.60%
MANH	11.1B	809.1M	8.18%	50.50%	81.07	13.74	17.99%	15.82%
GWRE	6.7B	869.9M	8.60%	1.58%	-39.92	7.66	13.87%	-28.82%
PING	2.4B	-	1.17%	7.67%	-23.16	7.93	-	-
SMALL-CAP
ZUO	1.1B	396.1M	29.79%	5.39%	-5.73	2.87	14.23%	-99.11%
YEXT	1.1B	400.9M	1.28%	74.75%	-16.18	2.66	2.63%	29.30%
UPLD	92.8M	315.6M	-17.82%	-77.71%	-0.5	0.29	2.89%	-207.54%

Financials for Guidewire Software

Income Statement (Last 12 Months)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	3.3%	869,940,000	841,962,000	812,614,000	797,450,000	763,970,000
Gross Profit	5.8%	388,431,000	367,159,000	352,220,000	376,860,000	371,803,000
Operating Expenses	0.9%	580,813,000	575,782,000	551,667,000	544,182,000	523,547,000
S&GA Expenses	-1.9%	191,062,000	194,788,000	194,611,000	181,459,000	174,196,000
R&D Expenses	2.4%	249,208,000	243,310,000	249,665,000	234,507,000	224,613,000
EBITDA	19.4%	-159,428,000	-197,759,000	-176,729,000	-146,052,000	-
EBITDA Margin	22.0%	-0.18	-0.23	-0.22	-0.18	-
Earnings Before Taxes	17.6%	-203,388,000	-246,814,000	-229,715,000	-198,978,000	-170,463,000
EBT Margin	20.2%	-0.23	-0.29	-0.28	-0.25	-
Interest Expenses	-19.3%	13,170,000	16,326,000	19,446,000	19,254,000	19,067,000
Net Income	15.9%	-166,981,000	-198,473,000	-180,431,000	-150,433,000	-129,622,000
Net Income Margin	3.2%	-0.23	-0.24	-0.22	-0.19	-
Free Cahsflow	26.1%	-18,560,000	-25,114,000	-47,450,000	-27,750,000	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	2.8%	2,004	1,949	2,267	2,157	2,184
Current Assets	6.6%	1,006	944	1,253	1,056	1,078
Cash Equivalents	4.5%	275	263	606	327	266
Net PPE	-0.6%	79.00	79.00	81.00	80.00	82.00
Goodwill	0%	372	372	372	372	372
Liabilities	2.7%	784	763	815	708	703
Current Liabilities	8.9%	275	253	338	237	231
Shareholder's Equity	3.0%	1,220	1,185	1,452	1,450	1,480
Retained Earnings	-1.9%	-482	-473	-283	-252	-195
Additional Paid-In Capital	2.2%	1,719	1,683	1,755	1,721	1,688
Accumulated Depreciation	6.7%	56.00	53.00	48.00	-	-
Shares Outstanding	-1.5%	82.00	83.00	84.00	84.00	83.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	23.1%	-14.10	-18.33	-37.94	-13.18	4.00
Share Based Compensation	-1.2%	138	140	137	132	127
Cashflow From Investing	-6.9%	232	250	312	146	89.00
Cashflow From Financing	5.3%	-199	-211	-37.33	-76.07	-155
Buy Backs	-5.3%	200	211	37.00	76.00	156

Risks for GWRE

What is the probability of a big loss on GWRE?

83.5%

Probability that Guidewire Software stock will be more than 20% underwater in next one year

45%

Probability that Guidewire Software stock will be more than 30% underwater in next one year.

17.3%

Probability that Guidewire Software stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GWRE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Guidewire Software was unfortunately bought at previous high price.

Drawdowns

Returns for GWRE

Cumulative Returns on GWRE

7.1%

10-Year Cumulative Returns

4.8%

7-Year Cumulative Returns

-2.7%

5-Year Cumulative Returns

-6.5%

3-Year Cumulative Returns

What are the long-term rolling returns for GWRE?

FIve years rolling returns for Guidewire Software.

Annualized Returns

Which funds bought or sold GWRE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-22	Raleigh Capital Management Inc.	added	25.24	8,282	21,169	0.01%
2023-05-22	AMERIPRISE FINANCIAL INC	sold off	-100	-1,295,000	-	-%
2023-05-22	Arete Wealth Advisors, LLC	sold off	-100	-916,573,000	-	-%
2023-05-22	PUTNAM INVESTMENTS LLC	sold off	-100	-541,418	-	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	added	3.56	16,423,000	62,267,000	0.08%
2023-05-18	JPMORGAN CHASE & CO	added	7.13	45,042,800	156,247,000	0.02%
2023-05-17	Sunbelt Securities, Inc.	new	-	4,215	4,215	-%
2023-05-17	Advisory Services Network, LLC	added	15.91	1,432	4,185	-%
2023-05-16	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-31.84	-274,468	2,312,830	-%
2023-05-16	Rockefeller Capital Management L.P.	sold off	-100	-	-	-%

Latest Funds Activity

Are funds buying GWRE calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own GWRE

No. of Funds

Guidewire Software News

Schedule 13G FIlings of Guidewire Software

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 15, 2023	principal global investors	0.8%	658,621	SC 13G/A
Feb 14, 2023	berkshire partners holdings llc	5.8%	4,728,378	SC 13G/A
Feb 14, 2023	bamco inc /ny/	6.72%	5,505,274	SC 13G/A
Feb 09, 2023	vanguard group inc	9.50%	7,777,138	SC 13G/A
Feb 06, 2023	wellington management group llp	4.59%	3,755,794	SC 13G/A
Feb 01, 2023	blackrock inc.	5.2%	4,227,964	SC 13G/A
Feb 15, 2022	principal global investors	5.87%	4,890,523	SC 13G
Feb 14, 2022	bamco inc /ny/	6.73%	5,604,488	SC 13G/A
Feb 14, 2022	berkshire partners holdings llc	5.7%	4,745,803	SC 13G/A
Feb 07, 2022	blackrock inc.	5.3%	4,377,652	SC 13G/A

GWRE Fair Value

Recent SEC filings of Guidewire Software

View All Filings

Date Filed	Form Type	Document
Apr 19, 2023	8-K	Current Report
Mar 21, 2023	4	Insider Trading
Mar 21, 2023	4	Insider Trading
Mar 21, 2023	4	Insider Trading
Mar 21, 2023	4	Insider Trading
Mar 21, 2023	4	Insider Trading
Mar 15, 2023	4	Insider Trading
Mar 15, 2023	4	Insider Trading
Mar 15, 2023	4	Insider Trading
Mar 13, 2023	8-K	Current Report

Latest Insider Trading transactions for GWRE

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-20	King James Winston	sold	-117,319	76.88	-1,526	chief admin officer, gen couns
2023-03-20	Cooper Jeffrey Elliott	sold	-127,544	76.88	-1,659	chief financial officer
2023-03-20	Hung Priscilla	sold	-193,968	76.88	-2,523	president & coo
2023-03-17	Mullen John P	sold	-893,313	77.1694	-11,576	president & cro
2023-03-17	Rosenbaum Michael George	sold	-406,297	77.1694	-5,265	chief executive officer
2023-03-17	Cooper Jeffrey Elliott	sold	-136,050	77.1694	-1,763	chief financial officer
2023-03-17	Hung Priscilla	sold	-149,786	77.1695	-1,941	president & coo
2023-03-17	King James Winston	sold	-81,568	77.1696	-1,057	chief admin officer, gen couns
2023-03-15	King James Winston	acquired	-	-	191	chief admin officer, gen couns
2023-03-15	Rosenbaum Michael George	acquired	-	-	2,555	chief executive officer

About Guidewire Software

Mike Rosenbaum

www.guidewire.com

2940

Guidewire Software, Inc. provides software products for property and casualty insurers worldwide. The company offers Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed. In addition, the company offers Guidewire Rating Management to manage the pricing of insurance products; Guidewire Reinsurance Management to use rules-based logic to execute reinsurance strategy through underwriting and claims processes; Guidewire Client Data Management to capitalize on customer information; and Guidewire Product Content Management that offers software tools and standards-based line-of-business templates to introduce and modify products. Further, it provides Guidewire Underwriting Management, a cloud-based integrated business application; Guidewire AppReader, a submission intake management solution; Guidewire ClaimCenter Package for the London market supports the claims workflow used by London Market insurers and brokers; Guidewire Digital Engagement Applications, which enable insurers to provide digital experiences to customers, agents, vendors, and field personnel through their device of choice; and Guidewire for Salesforce to provide customer information regarding policies and claims. Additionally, the company offers Guidewire Predictive Analytics, a set of cloud-native applications; Guidewire Risk Insights that allows insurers to assess new and evolving risks; Guidewire Business Intelligence that allows insurers to measure business performance; Guidewire DataHub, an operational data store; and Guidewire InfoCenter, a business intelligence warehouse, as well as implementation and integration, and professional services. The company was founded in 2001 and is headquartered in San Mateo, California.

GWRE Income Statement

2023-01-31

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jan. 31, 2023	Jan. 31, 2022	Jan. 31, 2023	Jan. 31, 2022
Revenue:
Total revenue	$ 232,611	$ 204,633	$ 427,893	$ 370,567
Cost of revenue:
Total cost of revenue	109,148	102,442	232,278	199,982
Gross profit:
Total gross profit	123,463	102,191	195,615	170,585
Operating expenses:
Research and development	61,702	55,804	119,872	110,928
Sales and marketing	44,781	48,507	91,249	89,512
General and administrative	40,196	37,337	82,263	74,979
Total operating expenses	146,679	141,648	293,384	275,419
Income (loss) from operations	(23,216)	(39,457)	(97,769)	(104,834)
Interest income	5,392	699	10,030	1,373
Interest expense	(1,677)	(4,833)	(3,351)	(9,627)
Other income (expense), net	11,291	(8,045)	(2,533)	(6,862)
Income (loss) before provision for (benefit from) income taxes	(8,210)	(51,636)	(93,623)	(119,950)
Provision for (benefit from) income taxes	979	(10,955)	(15,116)	(27,993)
Net income (loss)	$ (9,189)	$ (40,681)	$ (78,507)	$ (91,957)
Net income (loss) per share:
Basic (in dollars per share)	$ (0.11)	$ (0.49)	$ (0.95)	$ (1.10)
Diluted (in dollars per share)	$ (0.11)	$ (0.49)	$ (0.95)	$ (1.10)
Shares used in computing net income (loss) per share:
Basic (in shares)	82,051,867	83,413,643	82,686,420	83,430,693
Diluted (in shares)	82,051,867	83,413,643	82,686,420	83,430,693
Subscription and support
Revenue:
Total revenue	$ 105,754	$ 84,297	$ 204,822	$ 163,287
Cost of revenue:
Total cost of revenue	48,924	48,276	104,615	96,326
Gross profit:
Total gross profit	56,830	36,021	100,207	66,961
License
Revenue:
Total revenue	73,115	69,798	114,067	109,951
Cost of revenue:
Total cost of revenue	1,845	2,254	3,718	4,593
Gross profit:
Total gross profit	71,270	67,544	110,349	105,358
Services
Revenue:
Total revenue	53,742	50,538	109,004	97,329
Cost of revenue:
Total cost of revenue	58,379	51,912	123,945	99,063
Gross profit:
Total gross profit	$ (4,637)	$ (1,374)	$ (14,941)	$ (1,734)

GWRE Balance Sheet

2023-01-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2023	Jul. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 274,899	$ 606,303
Short-term investments	439,833	369,865
Accounts receivable, net of allowances of $31 and $359, respectively	127,627	143,797
Unbilled accounts receivable, net	100,313	71,515
Prepaid expenses and other current assets	63,591	61,223
Total current assets	1,006,263	1,252,703
Long-term investments	155,306	187,507
Unbilled accounts receivable, net	14,576	13,914
Property and equipment, net	78,544	80,740
Operating lease assets	85,479	90,287
Intangible assets, net	17,207	21,361
Goodwill	372,214	372,192
Deferred tax assets, net	218,308	191,461
Other assets	56,050	56,732
TOTAL ASSETS	2,003,947	2,266,897
CURRENT LIABILITIES:
Accounts payable	38,025	40,440
Accrued employee compensation	58,064	90,962
Deferred revenue, net	145,963	170,776
Other current liabilities	33,157	35,340
Total current liabilities	275,209	337,518
Lease liabilities	99,045	105,123
Convertible senior notes, net	396,316	358,216
Deferred revenue, net	6,022	7,500
Other liabilities	7,183	6,883
Total liabilities	783,775	815,240
STOCKHOLDERS’ EQUITY:
Common stock	8	8
Additional paid-in capital	1,719,020	1,755,476
Accumulated other comprehensive income (loss)	(16,061)	(19,845)
Retained earnings (accumulated deficit)	(482,795)	(283,982)
Total stockholders’ equity	1,220,172	1,451,657
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 2,003,947	$ 2,266,897