Radware (RDWR) Projected to Post Earnings on Wednesday

Radware (NASDAQ:RDWR) is projected to post its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect Radware to post earnings of $0.23 per share and revenue of $71.39 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Radware Stock Down 2.2 %

RDWR stock opened at $22.25 on Monday. The firm has a market capitalization of $934.39 million, a PE ratio of -370.77 and a beta of 0.97. The stock has a 50-day simple moving average of $22.63 and a two-hundred day simple moving average of $22.06. Radware has a twelve month low of $16.12 and a twelve month high of $24.76.

Wall Street Analysts Forecast Growth

RDWR has been the subject of several analyst reports. Barclays boosted their target price on Radware from $23.00 to $30.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of Radware in a research report on Friday, January 17th.

Radware Company Profile

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.