Radware Ltd. (NASDAQ:RDWR) will be issuing its quarterly earnings data before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.03 per share for the quarter.

Radware (NASDAQ:RDWR) last released its quarterly earnings results on Wednesday, August 2nd. The information technology services provider reported $0.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.06. Radware had a negative net margin of 6.41% and a negative return on equity of 2.14%. The business had revenue of $50.96 million for the quarter, compared to the consensus estimate of $50.19 million. During the same period last year, the firm earned $0.06 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, analysts expect Radware to post $-0.14 EPS for the current fiscal year and $0.06 EPS for the next fiscal year.

Radware Ltd. (RDWR) opened at 17.30 on Wednesday. The company’s market capitalization is $758.10 million. The firm has a 50-day moving average of $17.03 and a 200 day moving average of $17.23. Radware Ltd. has a 52-week low of $11.46 and a 52-week high of $18.33.

An institutional investor recently raised its position in Radware stock. Vanguard Group Inc. lifted its position in Radware Ltd. (NASDAQ:RDWR) by 24.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,950 shares of the information technology services provider’s stock after purchasing an additional 3,101 shares during the period. Vanguard Group Inc.’s holdings in Radware were worth $279,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 61.07% of the company’s stock.

Several analysts have commented on the stock. BidaskClub upgraded shares of Radware from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Needham & Company LLC restated a “buy” rating and set a $21.00 price objective (up from $19.00) on shares of Radware in a research note on Thursday, August 3rd. Jefferies Group LLC restated a “buy” rating and set a $22.00 price objective on shares of Radware in a research note on Thursday, August 3rd. Imperial Capital restated an “outperform” rating and set a $21.00 price objective (up from $20.00) on shares of Radware in a research note on Thursday, August 10th. Finally, Zacks Investment Research upgraded shares of Radware from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $18.36.

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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.

Earnings History for Radware (NASDAQ:RDWR)

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