Radware Ltd. (NASDAQ:RDWR) Given Consensus Recommendation of "Hold" by Analysts
Radware Ltd. (NASDAQ:RDWR) has received a consensus "Hold" rating from five analysts. The stock has mixed recommendations: one "sell," two "hold," and two "buy." The average price target is $32.50. Recent analyst actions include Weiss Ratings' "sell" and Barclays' "overweight" with a $35 target. Radware's Q3 earnings beat estimates, with $0.28 EPS and $75.31 million revenue. Institutional investors have adjusted their positions, with 73.12% of the stock owned by them.
Radware Ltd. (NASDAQ:RDWR - Get Free Report) has been given a consensus rating of "Hold" by the five ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $32.50.
Several analysts recently commented on the stock. Weiss Ratings restated a "sell (d+)" rating on shares of Radware in a report on Thursday. Wall Street Zen lowered shares of Radware from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 30th. Finally, Barclays restated an "overweight" rating and set a $35.00 price target (up from $30.00) on shares of Radware in a report on Thursday, July 31st.
Read Our Latest Stock Report on Radware
Radware Trading Up 0.4%
Shares of Radware stock traded up $0.08 on Friday, reaching $22.11. 112,530 shares of the company were exchanged, compared to its average volume of 198,026. Radware has a fifty-two week low of $18.46 and a fifty-two week high of $31.57. The firm has a market capitalization of $943.81 million, a price-to-earnings ratio of 58.19 and a beta of 0.97. The stock has a fifty day moving average price of $25.35 and a 200-day moving average price of $25.75.
Radware (NASDAQ:RDWR - Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The information technology services provider reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.01. The business had revenue of $75.31 million during the quarter, compared to analyst estimates of $74.97 million. Radware had a return on equity of 6.83% and a net margin of 5.66%.Radware's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter last year, the company posted $0.23 EPS. Radware has set its Q4 2025 guidance at 0.290-0.300 EPS. On average, equities analysts anticipate that Radware will post 0.28 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Radware
A number of hedge funds and other institutional investors have recently made changes to their positions in RDWR. ARK Investment Management LLC grew its stake in shares of Radware by 13.5% in the 1st quarter. ARK Investment Management LLC now owns 89,327 shares of the information technology services provider's stock valued at $1,931,000 after buying an additional 10,594 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in Radware during the 1st quarter worth $1,858,000. R Squared Ltd boosted its stake in Radware by 342.2% during the 1st quarter. R Squared Ltd now owns 12,250 shares of the information technology services provider's stock valued at $265,000 after purchasing an additional 9,480 shares during the period. Deutsche Bank AG boosted its stake in Radware by 32.3% during the 1st quarter. Deutsche Bank AG now owns 26,055 shares of the information technology services provider's stock valued at $563,000 after purchasing an additional 6,366 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in Radware by 9.0% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 793,184 shares of the information technology services provider's stock valued at $17,149,000 after buying an additional 65,479 shares during the last quarter. 73.12% of the stock is owned by hedge funds and other institutional investors.
About Radware
(Get Free Report)Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers worldwide. The company operates in two segments, Radware's Core Business and The Hawks' Business. It offers DefensePro provides automated DDoS protection; Radware Kubernetes, a web application firewall solution; and Cyber Controller, a unified solution for management, configuration, and attack lifecycle.
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