NASDAQ:RDWRRadware Stock Price, Forecast & News

Radware's stock was trading at $21.24 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RDWR shares have increased by 13.0% and is now trading at $24.00. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radware in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Radware.

Radware is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Radware.

Radware Ltd. (NASDAQ:RDWR) released its earnings results on Wednesday, May, 6th. The information technology services provider reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by $0.01. The information technology services provider earned $60 million during the quarter, compared to analyst estimates of $61.52 million. Radware had a net margin of 8.29% and a return on equity of 6.60%. The company's quarterly revenue was down 2.3% compared to the same quarter last year. During the same period last year, the company posted $0.18 EPS. View Radware's earnings history.

Radware issued an update on its second quarter earnings guidance on Wednesday, May, 6th. The company provided EPS guidance of $0.12-0.14 for the period, compared to the Thomson Reuters consensus estimate of $0.19. The company issued revenue guidance of $57-61 million, compared to the consensus revenue estimate of $63.24 million.

4 Wall Street analysts have issued 12-month price targets for Radware's stock. Their forecasts range from $26.00 to $27.00. On average, they expect Radware's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View analysts' price targets for Radware.

Media coverage about RDWR stock has been trending somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Radware earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned news headlines about the information technology services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutRadware.

Radware saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 730,000 shares, an increase of 77.4% from the April 15th total of 411,600 shares. Based on an average daily trading volume, of 334,600 shares, the short-interest ratio is presently 2.2 days. Approximately 1.8% of the shares of the company are sold short. View Radware's Current Options Chain.

Some companies that are related to Radware include Healthequity (HQY), Envestnet (ENV), TriNet Group (TNET), Stamps.com (STMP), HMS (HMSY), WNS (WNS), Alliance Data Systems (ADS), CIELO S A/S (CIOXY), ExlService (EXLS), Fiverr International (FVRR), Wageworks (WAGE), EVO Payments (EVOP), CBIZ (CBZ), Tabula Rasa HealthCare (TRHC) and Cardtronics (CATM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Radware investors own include Procter & Gamble (PG), Intel (INTC), Johnson & Johnson (JNJ), Wells Fargo & Co (WFC), AbbVie (ABBV), CVS Health (CVS), Coca-Cola (KO), Teva Pharmaceutical Industries (TEVA), Delta Air Lines (DAL) and Enterprise Products Partners (EPD).

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

Radware's stock is owned by many different institutional and retail investors. Top institutional shareholders include Senvest Management LLC (8.62%), Phoenix Holdings Ltd. (3.92%), Acadian Asset Management LLC (3.56%), Legal & General Group Plc (3.33%), Nuveen Asset Management LLC (2.79%) and Deutsche Bank AG (2.51%).

RDWR stock was sold by a variety of institutional investors in the last quarter, including Senvest Management LLC, Morgan Stanley, Morgan Stanley, Nuveen Asset Management LLC, JPMorgan Chase & Co., Acadian Asset Management LLC, AXA, and Two Sigma Investments LP.

RDWR stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Rice Hall James & Associates LLC, Rice Hall James & Associates LLC, Assenagon Asset Management S.A., Phoenix Holdings Ltd., Legal & General Group Plc, Congress Asset Management Co. MA, and Citigroup Inc..

Shares of RDWR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of RDWR stock can currently be purchased for approximately $24.00.

Radware has a market capitalization of $1.13 billion and generates $252.07 million in revenue each year. The information technology services provider earns $22.57 million in net income (profit) each year or $0.57 on an earnings per share basis. Radware employs 1,094 workers across the globe.

The official website for Radware is www.radware.com.

Radware's mailing address is 22 RAOUL WALLENBERG STREET, TEL AVIV L3, 69710. The information technology services provider can be reached via phone at 972-3766-8666 or via email at [email protected]