Radware Ltd. (NASDAQ:RDWR) – Imperial Capital issued their Q1 2018 earnings per share estimates for Radware in a report released on Thursday. Imperial Capital analyst M. Kim forecasts that the information technology services provider will post earnings of ($0.02) per share for the quarter. Imperial Capital also issued estimates for Radware’s Q2 2018 earnings at ($0.01) EPS, Q3 2018 earnings at $0.00 EPS, Q4 2018 earnings at $0.04 EPS and FY2019 earnings at $0.18 EPS.

Radware (NASDAQ:RDWR) last posted its earnings results on Wednesday, February 7th. The information technology services provider reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. The firm had revenue of $58.50 million during the quarter, compared to the consensus estimate of $55.93 million. Radware had a negative return on equity of 1.77% and a negative net margin of 3.55%. The business’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period last year, the company earned $0.06 earnings per share.

RDWR has been the subject of a number of other reports. Zacks Investment Research downgraded Radware from a “hold” rating to a “sell” rating in a research report on Saturday. Barclays set a $24.00 price objective on Radware and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Needham & Company LLC raised 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. BidaskClub upgraded Radware from a “strong sell” rating to a “sell” rating in a research report on Monday, February 5th. Finally, Dougherty & Co raised 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. Two investment analysts have rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. Radware currently has an average rating of “Buy” and a consensus target price of $22.07.

Radware (NASDAQ:RDWR) opened at $20.82 on Monday. The company has a market capitalization of $906.99, a PE ratio of -130.13, a price-to-earnings-growth ratio of 54.89 and a beta of 1.00. Radware has a 1 year low of $15.13 and a 1 year high of $21.26.

Several institutional investors and hedge funds have recently modified their holdings of RDWR. Senvest Management LLC raised its position in shares of Radware by 4.6% during the third quarter. Senvest Management LLC now owns 5,990,375 shares of the information technology services provider’s stock worth $100,998,000 after acquiring an additional 263,014 shares during the last quarter. BlackRock Inc. grew its stake in Radware by 24.1% during the fourth quarter. BlackRock Inc. now owns 407,962 shares of the information technology services provider’s stock worth $7,915,000 after purchasing an additional 79,326 shares during the period. Ameriprise Financial Inc. acquired a new stake in Radware during the second quarter worth approximately $1,369,000. JPMorgan Chase & Co. grew its stake in Radware by 122.8% during the second quarter. JPMorgan Chase & Co. now owns 92,463 shares of the information technology services provider’s stock worth $1,622,000 after purchasing an additional 50,955 shares during the period. Finally, First Trust Advisors LP grew its stake in Radware by 46.2% during the fourth quarter. First Trust Advisors LP now owns 119,466 shares of the information technology services provider’s stock worth $2,318,000 after purchasing an additional 37,767 shares during the period. Institutional investors own 61.45% of the company’s stock.

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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.

Earnings History and Estimates for Radware (NASDAQ:RDWR)

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