Radware (RDWR) Projected to Post Quarterly Earnings on Wednesday

Radware (NASDAQ:RDWR) is anticipated to announce its earnings results before the market opens on Wednesday, February 5th. Analysts expect the company to announce 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 Trading Down 1.1 %

Radware stock opened at $22.01 on Tuesday. The firm’s 50 day simple moving average is $22.61 and its 200 day simple moving average is $22.08. The firm has a market capitalization of $924.20 million, a PE ratio of -366.77 and a beta of 0.96. Radware has a 1-year low of $16.12 and a 1-year high of $24.76.

Wall Street Analyst Weigh In

Several research analysts have commented on RDWR shares. Needham & Company LLC restated a “hold” rating on shares of Radware in a report on Friday, January 17th. Barclays upped their price objective on shares of Radware from $23.00 to $30.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st.

About Radware

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.