Radware (NASDAQ:RDWR) updated its FY 2020
IntraDay earnings guidance on Wednesday. The company provided earnings per share guidance of 0.84-0.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.94. The company issued revenue guidance of $270-270 million, compared to the consensus revenue estimate of $275.67 million.Radware also updated its FY20 guidance to $0.84 EPS.
Several equities analysts recently weighed in on the stock. Needham & Company LLC lowered shares of Radware from a buy rating to a hold rating in a report on Thursday. ValuEngine lowered shares of Radware from a buy rating to a hold rating in a report on Saturday, January 18th. BidaskClub raised shares of Radware from a sell rating to a hold rating in a research note on Tuesday, December 31st. TheStreet upgraded shares of Radware from a c+ rating to a b- rating in a report on Thursday, December 5th. Finally, Zacks Investment Research raised shares of Radware from a hold rating to a buy rating and set a $26.00 price objective for the company in a research report on Saturday, November 9th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of $26.00.
Shares of RDWR opened at $22.97 on Friday. Radware has a one year low of $22.00 and a one year high of $26.98. The stock has a 50-day moving average price of $25.72 and a 200 day moving average price of $24.62. The company has a market capitalization of $1.04 billion, a P/E ratio of 48.87, a P/E/G ratio of 1.83 and a beta of 0.87.
Radware Company Profile
Radware Ltd. develops, manufactures, and markets cyber security and application delivery solutions for applications in physical, virtual, cloud, and software defined data centers worldwide. The company offers DefensePro, a real-time network attack prevention device; AppWall, a Web application firewall; and DefenseFlow, a cyber-command and control application.
Further Reading: Price to Earnings Ratio (PE) Basics
Receive News & Ratings for Radware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Radware and related companies with MarketBeat.com's FREE daily email newsletter.