Shares of Radware Ltd. (NASDAQ:RDWR) have received an average recommendation of “Hold” from the nine ratings firms that are covering the firm. Five investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $15.50.

RDWR has been the subject of a number of recent research reports. Zacks Investment Research cut Radware from a “buy” rating to a “hold” rating in a report on Friday, July 29th. DA Davidson set a $15.00 target price on Radware and gave the stock a “buy” rating in a report on Monday, October 10th. Oppenheimer Holdings Inc. reissued a “hold” rating on shares of Radware in a report on Monday, October 10th. Needham & Company LLC reissued a “buy” rating and issued a $14.00 target price on shares of Radware in a report on Wednesday, October 12th. Finally, Imperial Capital reissued an “outperform” rating and issued a $15.00 target price on shares of Radware in a report on Monday, July 25th.

Radware (NASDAQ:RDWR) traded up 0.0203% during mid-day trading on Tuesday, hitting $12.3125. The stock had a trading volume of 108,565 shares. The firm has a market cap of $541.06 million, a P/E ratio of 648.0263 and a beta of 1.22. Radware has a 1-year low of $9.98 and a 1-year high of $16.66. The stock has a 50 day moving average of $13.40 and a 200-day moving average of $12.19.

Radware (NASDAQ:RDWR) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. The firm earned $49.60 million during the quarter, compared to analysts’ expectations of $49.57 million. Radware had a return on equity of 2.04% and a net margin of 0.42%. The company’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.23 EPS. Analysts predict that Radware will post $0.33 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its position in shares of Radware by 1.1% in the first quarter. Goldman Sachs Group Inc. now owns 1,723,472 shares of the company’s stock worth $20,389,000 after buying an additional 18,406 shares during the last quarter. Suffolk Capital Management LLC raised its position in shares of Radware by 17.8% in the second quarter. Suffolk Capital Management LLC now owns 260,692 shares of the company’s stock worth $2,935,000 after buying an additional 39,304 shares during the last quarter. Credit Agricole S A raised its position in shares of Radware by 392.1% in the first quarter. Credit Agricole S A now owns 184,960 shares of the company’s stock worth $2,188,000 after buying an additional 147,374 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Radware by 338.5% in the first quarter. Renaissance Technologies LLC now owns 121,900 shares of the company’s stock worth $1,442,000 after buying an additional 94,100 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Radware by 104.5% in the first quarter. Geode Capital Management LLC now owns 32,276 shares of the company’s stock worth $381,000 after buying an additional 16,490 shares during the last quarter. Institutional investors and hedge funds own 63.35% of the company’s stock.

Radware Company Profile

Radware Ltd. is a provider of cyber security and application delivery solutions. The Company’s solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications.

5 Day Chart for NASDAQ:RDWR

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