News articles about Radware (NASDAQ:RDWR) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Radware earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the information technology services provider an impact score of 46.1805082660082 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of NASDAQ RDWR traded down $0.10 during mid-day trading on Friday, reaching $26.20. The company’s stock had a trading volume of 298,853 shares, compared to its average volume of 305,998. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of -218.33, a price-to-earnings-growth ratio of 9.71 and a beta of 0.99. Radware has a 52 week low of $15.82 and a 52 week high of $28.50.

Radware (NASDAQ:RDWR) last released its quarterly earnings data on Wednesday, August 1st. The information technology services provider reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The firm had revenue of $57.30 million during the quarter, compared to analyst estimates of $56.60 million. Radware had a return on equity of 0.20% and a net margin of 0.59%. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.03 earnings per share. sell-side analysts forecast that Radware will post 0.14 earnings per share for the current fiscal year.

Several analysts have issued reports on the company. BidaskClub lowered Radware from a “hold” rating to a “sell” rating in a report on Friday. Zacks Investment Research raised Radware from a “hold” rating to a “strong-buy” rating and set a $30.00 price target for the company in a report on Saturday, August 4th. Barclays reissued a “buy” rating and set a $30.00 price target on shares of Radware in a report on Thursday, August 2nd. ValuEngine raised Radware from a “buy” rating to a “strong-buy” rating in a report on Monday, July 2nd. Finally, Needham & Company LLC boosted their price target on Radware from $26.00 to $32.00 and gave the company a “buy” rating in a report on Monday, June 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $29.00.

About Radware

Radware Ltd. develops, manufactures, and markets cyber security and application delivery solutions for applications in virtual, cloud, and software defined data centers worldwide. The company offers application and network security solutions, such as DefensePro, a real-time network attack prevention device; AppWall, a Web application firewall; and DefenseFlow, a cyber-command and control application.

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