Media headlines about Radware (NASDAQ:RDWR) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Radware earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the information technology services provider an impact score of 46.4869387887717 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
RDWR has been the subject of several research analyst reports. Dougherty & Co boosted their price objective on Radware from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. BidaskClub raised Radware from a “strong sell” rating to a “sell” rating in a research report on Monday, February 5th. Needham & Company LLC boosted their price objective on Radware from $23.00 to $24.50 and gave the stock a “buy” rating in a research report on Thursday, February 8th. Barclays set a $24.00 price objective on Radware and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Finally, Zacks Investment Research cut Radware from a “hold” rating to a “sell” rating in a research report on Saturday, February 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $23.33.
Shares of RDWR opened at $22.64 on Monday. Radware has a 12-month low of $15.82 and a 12-month high of $23.29. The stock has a market cap of $1,008.52, a P/E ratio of -188.67, a PEG ratio of 35.05 and a beta of 0.91.
Radware (NASDAQ:RDWR) last issued its quarterly earnings results on Wednesday, May 2nd. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. Radware had a negative return on equity of 1.21% and a negative net margin of 2.03%. The firm had revenue of $54.50 million for the quarter, compared to analyst estimates of $54.10 million. During the same period in the previous year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. equities analysts anticipate that Radware will post 0.03 EPS for the current fiscal year.
Radware Company Profile
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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