Analysts who follow Radware Ltd. (RDWR) forecast an average increase of 14.00% over the next twelve months. These same analysts give the stock an average Buy rating. This average rating gives the stock an analyst rank of 24, meaning it ranks above 24 stocks, based on data compiled by Investors Observer.
Why are analyst ratings important?
Basic research into the underlying health of a business can be an extremely useful resource when making investment decisions. Analysts look at the growth outlook and forecasted earnings of companies to get an overview of particular sectors. This data allows traders to react before the numbers are officially released.
Investors Observer take the notes of these analysts and classify these averages into percentiles. This allows you to compare stocks in more depth and detail than common buy / hold / sell ratings.
What is happening with the shares of Radware Ltd. today ?
Radware Ltd. (RDWR) is up 3.42% while the S&P 500 is down -0.57% at 1:06 p.m. on Thursday, December 16. RDWR was up $ 1.21 from the previous closing price of $ 35.34 on a volume of 280,368 shares. . Over the past year, the S&P 500 rose 26.53% while the RDWR rose 42.89%. RDWR has earned $ 0.34 per share over the past 12 months, giving it a price-to-earnings ratio of 106.88. Click here for the full Radware Ltd. Stock Report.