Report
Rodney Nelson
EUR 101.80 For Business Accounts Only

Guidewire’s 4Q Points to Strong 2018 as Tier 1 Deals and Cloud Expertise Expand

Guidewire reported strong fourth-quarter results as the company continued to make inroads with tier one property and casualty insurance companies. Management offered a solid outlook for fiscal 2018, and we think Guidewire’s competitive positioning is as strong as ever as its best-of-breed platform continues to drive improved efficiency for insurance companies. 
We are maintaining our wide moat rating. We are raising our fair value estimate to $81 per share from $75 previously as we roll our mode...
Underlying
GUIDEWIRE SOFTWARE INC.

Guidewire Software provides a technology platform, composed of software, services, and a partner ecosystem, for the property and casualty insurance industry. Guidewire InsurancePlatform? consists of cloud and on-premise applications to support core operations, data management and analytics, and digital engagement and is connected to various data sources and third party applications. The company's operational platforms include: Guidewire InsuranceSuite, which comprises of PolicyCenter, BillingCenter, and ClaimCenter applications; and Guidewire InsuranceNow, which provides policy, billing and claims management functionality to insurers that prefer to subscribe to a cloud-based, all-in-one solution.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Rodney Nelson

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