Guidance Software (GUID) was Reiterated by The Benchmark Company to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 7 from a previous price target of $6 . The Benchmark Company advised their investors in a research report released on May 6, 2016.
Many Wall Street Analysts have commented on Guidance Software. Shares were Reiterated by The Benchmark Company on Feb 12, 2016 to “Buy” and Lowered the Price Target to $ 6 from a previous price target of $9 .
On the company’s financial health, Guidance Software reported $-0.08 EPS for the quarter, based on the information available during the earnings call on May 5, 2016. Analyst had a consensus estimate of $-0.08. The company had revenue of $25.80 million for the quarter, compared to analysts expectations of $25.50 million. The company’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.06 EPS.
Guidance Software opened for trading at $4.7 and hit $5.24 on the upside on Friday, eventually ending the session at $5.18, with a gain of 9.05% or 0.43 points. The heightened volatility saw the trading volume jump to 1,20,690 shares. Company has a market cap of $159 M.
In a different news, on May 4, 2016, Patrick Dennis (CEO and President) sold 12,412 shares at $4.92 per share price. According to the SEC, on Feb 17, 2016, Barry J Plaga (CFO and COO) sold 6,309 shares at $4.22 per share price. On Feb 10, 2016, Der Colff Rasmus Van (CAO/VP of Finance) sold 3,644 shares at $3.51 per share price, according to the Form-4 filing with the securities and exchange commission.
Guidance Software Inc. is a provider of endpoint investigation solutions for cybersecurity analytics security incident response e-discovery and forensic analysis. 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 suspicious network activity respond to security breaches and to defend their organizations’ data assets. Its Products segment includes EnCase Enterprise EnCase eDiscovery EnCase Cybersecurity. Its Subscription segment includes subscription services for cloud-based document review and production software. Its Professional services segment performs consulting services and implementations. Its Training segment provides training classes by which the Company trains its customers to use its software products. Its maintenance segment provides software updates telephone and e-mail support.