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Why Radware Ltd. (RDWR) Stock Could See Much Higher Prices Ahead

Radware Ltd. (NASDAQ: RDWR) is -49.33% lower on its value in year-to-date trading and has touched a low of $20.82 and a high of $42.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RDWR stock was last observed hovering at around $21.26 in the last trading session, with the day’s loss setting it -0.16% off its average median price target of $39.00 for the next 12 months. It is also 48.54% off the consensus price target high of $41.00 offered by 4 analysts, but current levels are 42.97% higher than the price target low of $37.00 for the same period.

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Currently trading at $21.10, the stock is -3.48% and -10.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing -0.75% at the moment leaves the stock -31.78% off its SMA200. RDWR registered -33.33% loss for a year compared to 6-month loss of -41.08%. The firm has a 50-day simple moving average (SMA 50) of $2.78 and a 200-day simple moving average (SMA200) of $27.89.

The stock witnessed a -5.04% gain in the last 1 month and extending the period to 3 months gives it a -30.25%, and is -3.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.34% over the week and 3.42% over the month.

Radware Ltd. (RDWR) has around 1075 employees, a market worth around $955.41M and $293.40M in sales. Current P/E ratio is 132.70 and Fwd P/E is 20.63. Profit margin for the company is 2.60%. Distance from 52-week low is 1.34% and -49.99% from its 52-week high. The company has generated returns on investments over the last 12 months (0.90%).

Radware Ltd. (RDWR) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Radware Ltd. (RDWR) is a “Overweight”. 4 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 1 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Radware Ltd. is expected to release its quarterly report on 11/09/2022.The EPS is expected to shrink by -18.50% this year.

Radware Ltd. (RDWR) Top Institutional Holders

The shares outstanding are 45.67M, and float is at 36.75M with Short Float at 0.89%.

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Radware Ltd. (RDWR): Who are the competitors?

The company’s main competitors (and peers) include Silicom Ltd. (SILC) that is trading -18.11% down over the past 12 months and HP Inc. (HPQ) that is 10.18% higher over the same period. Allot Ltd. (ALLT) is -74.08% down on the 1-year trading charts.

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