Equities analysts forecast that Radware Ltd. (NASDAQ:RDWR) will announce $0.03 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Radware’s earnings, with estimates ranging from $0.03 to $0.04. Radware posted earnings of $0.04 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 25%. The business is scheduled to announce its next earnings results before the market opens on Wednesday, November 1st.

On average, analysts expect that Radware will report full year earnings of $0.15 per share for the current year, with EPS estimates ranging from $0.12 to $0.18. For the next fiscal year, analysts anticipate that the company will report earnings of $0.32 per share, with EPS estimates ranging from $0.18 to $0.55. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Radware.

Radware (NASDAQ:RDWR) last announced its quarterly earnings results on Wednesday, August 2nd. The information technology services provider reported $0.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.06. The business had revenue of $50.96 million during the quarter, compared to analysts’ expectations of $50.19 million. Radware had a negative net margin of 6.41% and a negative return on equity of 2.14%. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.06 EPS.

RDWR has been the subject of a number of recent analyst reports. Jefferies Group LLC reissued a “buy” rating on shares of Radware in a research note on Friday, October 6th. Needham & Company LLC reissued a “buy” rating and set a $21.00 target price on shares of Radware in a research note on Tuesday, September 12th. Zacks Investment Research raised shares of Radware from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 18th. BidaskClub lowered shares of Radware from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, Imperial Capital reissued an “outperform” rating and set a $21.00 target price (up from $20.00) on shares of Radware in a research note on Thursday, August 10th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Radware currently has an average rating of “Buy” and an average price target of $18.36.

Radware (NASDAQ RDWR) opened at 17.39 on Friday. The company’s market capitalization is $762.05 million. Radware has a one year low of $11.46 and a one year high of $18.33. The firm has a 50-day moving average of $17.01 and a 200 day moving average of $17.24.

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Large investors have recently added to or reduced their stakes in the stock. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Radware by 8.3% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 6,958 shares of the information technology services provider’s stock worth $122,000 after acquiring an additional 535 shares during the period. Balter Liquid Alternatives LLC purchased a new stake in Radware in the second quarter worth about $198,000. Aperio Group LLC purchased a new stake in Radware in the second quarter worth about $210,000. KCG Holdings Inc. lifted its stake in Radware by 46.2% in the first quarter. KCG Holdings Inc. now owns 15,782 shares of the information technology services provider’s stock worth $255,000 after acquiring an additional 4,984 shares during the period. Finally, Vanguard Group Inc. lifted its stake in Radware by 24.1% in the second quarter. Vanguard Group Inc. now owns 15,950 shares of the information technology services provider’s stock worth $279,000 after acquiring an additional 3,101 shares during the period. 61.07% of the stock is owned by institutional investors.

About Radware

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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Earnings History and Estimates for Radware (NASDAQ:RDWR)

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