Equities research analysts expect that Radware Ltd. (NASDAQ:RDWR) will announce earnings of $0.08 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Radware’s earnings, with the highest EPS estimate coming in at $0.09 and the lowest estimate coming in at $0.06. Radware posted earnings per share of $0.06 during the same quarter last year, which suggests a positive year-over-year growth rate of 33.3%. The business is expected to announce its next quarterly earnings results on Wednesday, February 14th.

According to Zacks, analysts expect that Radware will report full-year earnings of $0.16 per share for the current year, with EPS estimates ranging from $0.15 to $0.17. For the next year, analysts forecast that the company will report earnings of $0.33 per share, with EPS estimates ranging from $0.20 to $0.55. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that cover Radware.

RDWR has been the topic of several recent research reports. Imperial Capital reaffirmed an “outperform” rating and issued a $21.00 price target (up previously from $20.00) on shares of Radware in a research report on Thursday, August 10th. BidaskClub raised shares of Radware from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Zacks Investment Research raised shares of Radware from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 18th. Barclays raised their price target on shares of Radware from $19.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, November 2nd. Finally, Jefferies Group reaffirmed a “buy” rating on shares of Radware in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $20.83.

Several institutional investors have recently bought and sold shares of RDWR. Bank of America Corp DE lifted its position in shares of Radware by 373.8% during the 1st quarter. Bank of America Corp DE now owns 55,483 shares of the information technology services provider’s stock worth $896,000 after buying an additional 43,773 shares in the last quarter. Aperio Group LLC bought a new position in shares of Radware during the 2nd quarter worth approximately $210,000. US Bancorp DE lifted its position in shares of Radware by 5.0% during the 2nd quarter. US Bancorp DE now owns 16,535 shares of the information technology services provider’s stock worth $290,000 after buying an additional 784 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Radware by 37.8% during the 2nd quarter. First Trust Advisors LP now owns 238,548 shares of the information technology services provider’s stock worth $4,184,000 after buying an additional 65,486 shares in the last quarter. Finally, Balter Liquid Alternatives LLC bought a new position in shares of Radware during the 2nd quarter worth approximately $198,000. 61.69% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Radware (NASDAQ RDWR) traded up $0.02 during midday trading on Wednesday, reaching $20.48. 160,700 shares of the company traded hands, compared to its average volume of 209,443. Radware has a twelve month low of $13.33 and a twelve month high of $20.78.

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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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Earnings History and Estimates for Radware (NASDAQ:RDWR)

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