Radware Company Profile (NASDAQ:RDWR)

Radware trades on the NASDAQ under the ticker symbol "RDWR."

Radware announced that its board has initiated a stock buyback program on Sunday, June 4th 2017, which permits the company to repurchase $40,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

Radware Ltd. (NASDAQ:RDWR) released its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.06. The company had revenue of $50.96 million for the quarter, compared to analyst estimates of $50.19 million. Radware had a negative net margin of 6.41% and a negative return on equity of 2.14%. Radware's quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 EPS. View Radware's Earnings History.

Radware is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Radware.

6 brokerages have issued twelve-month target prices for Radware's stock. Their forecasts range from $13.00 to $22.00. On average, they expect Radware's share price to reach $18.75 in the next twelve months. View Analyst Ratings for Radware.

Here are some recent quotes from research analysts about Radware stock:

• 1. According to Zacks Investment Research, "Radware Ltd. develops, manufactures and markets products that manage and direct Internet traffic among network resources to enable continuous access to Web sites and other services, applications and content based on Internet protocol. Radware offers a broad range of Internet traffic management solutions to service providers, e-commerce businesses and corporate enterprises that require uninterrupted availability and optimal performance of IP-based applications that are critical to their business. (PRESS RELEASE) " (8/8/2017)
• 2. Jefferies Group LLC analysts commented, "In recent weeks, we attended the RSA Security Conference, spent time with Radware management, and ran some analysis on the company's Cisco OEM opportunity. Our work reinforces our bullish view of the OEM's potential for the company and the prospects for a higher stock move...Still Our Favorite Small-Cap Long Idea ' Reiterate Buy Rating' We think investors still under-appreciate the strength of their DDoS mitigation story, their ability to move past the current Product/Subscription transition, and potential upside from the Cisco OEM deal. Also, investor sentiment has been bad. We continue to rate the shares a Buy." (3/3/2017)
• 3. Imperial Capital analysts commented, "We are maintaining our Outperform rating and increasing our one-year price target to $20 from $15 based on our higher outlook. Our price target implies potential upside of about 25% above recent levels. We believe RDWR is strongly positioned to capitalize on increasing demand for data center security, buoyed by the company's proven solutions and escalating attacks. We are increasing our FY17 revenue estimates due to the company's strong bookings in 4Q16 and we look for potential upside from the company's OEM partnerships with Cisco and Check Point Software. While we expect modest dilution in FY17 from the recent acquisition of Seculert, we believe that it brings complementary technologies for targeted attacks and extended attack campaigns. At recent levels, we think RDWR shares offer limited downside risk, as cash constitutes about 46% of market capitalization. We believe the stock could trade closer to the company's peer group with improving growth, higher operating leverage, and consistent execution." (2/22/2017)

Some companies that are related to Radware include Five9 (FIVN), Keywords Studios PLC (KWS), GB Group plc (GBG), Rosetta Stone (RST), YuMe (YUME), StatPro Group PLC (SOG), SeaChange International (SEAC), Great Elm Capital Group (GEC), Perion Network Ltd (PERI), CYREN (CYRN), Finjan Holdings (FNJN), Mysquare Ltd (MYSQ), AVG Technologies NV (AVG), Interactive Intelligence Group (ININ), Marketo (MKTO), Opower (OPWR), Perion Network Ltd (MAIL) and PTC (PMTC).

Radware's management team includes the folowing people:

• Yehuda Zisapel, Chairman of the Board
• Roy Zisapel, President, Chief Executive Officer, Director
• Meir Moshe, Chief Financial Officer
• Gabi Malka, Chief Operating Officer
• Avi Chesla, Chief Technology Officer
• Sharon Trachtman, Vice President - Global Marketing
• Yael Langer, Director
• Avraham Asheri, Independent Director
• Hagen Hultzsch, Independent Director
• Joel Maryles, Independent Director

Radware's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Senvest Management LLC (13.07%), ETF Managers Group LLC (5.22%), ETF MANAGERS GROUP, LLC (4.84%), Federated Investors Inc. PA (4.12%), Ion Asset Management Ltd. (4.00%) and HighTower Advisors LLC (1.02%). View Institutional Ownership Trends for Radware.

Radware's stock was sold by a variety of institutional investors in the last quarter, including Senvest Management LLC, HighTower Advisors LLC, TIAA CREF Investment Management LLC, AHL Partners LLP, Northern Trust Corp, FMR LLC and Advisors Asset Management Inc.. View Insider Buying and Selling for Radware.

Radware's stock was bought by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, Ion Asset Management Ltd., Intrinsic Edge Capital Management LLC, Ameriprise Financial Inc., First Trust Advisors LP, JPMorgan Chase & Co., Clal Insurance Enterprises Holdings Ltd and Petrus Trust Company LTA. View Insider Buying and Selling for Radware.

Shares of Radware can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Radware stock can currently be purchased for approximately $16.67.