Headlines about Radware (NASDAQ:RDWR) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Radware earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media coverage about the information technology services provider an impact score of 47.0505527574557 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
RDWR has been the topic of several recent analyst reports. Jefferies Group LLC reaffirmed a “buy” rating on shares of Radware in a research note on Friday, October 6th. Zacks Investment Research downgraded Radware from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. BidaskClub downgraded Radware from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Imperial Capital reaffirmed an “outperform” rating and set a $21.00 target price (up previously from $20.00) on shares of Radware in a research note on Thursday, August 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $21.00 target price on shares of Radware in a research note on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $18.36.
Radware (NASDAQ RDWR) traded down 0.06% during mid-day trading on Thursday, hitting $17.20. The stock had a trading volume of 4,297 shares. The firm’s market cap is $753.72 million. The stock has a 50 day moving average of $17.08 and a 200-day moving average of $17.14. Radware has a 1-year low of $11.46 and a 1-year high of $18.33.
Radware (NASDAQ:RDWR) last posted its quarterly earnings data on Wednesday, August 2nd. The information technology services provider reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.06. Radware had a negative return on equity of 2.14% and a negative net margin of 6.41%. The firm had revenue of $50.96 million for the quarter, compared to the consensus estimate of $50.19 million. During the same quarter in the prior year, the business earned $0.06 EPS. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. Analysts predict that Radware will post $0.14 EPS for the current fiscal year.
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Radware Company Profile
Radware Ltd. is a provider of cyber security and application delivery solutions. The Company’s solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications.
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