With 0.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.19 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $24.175 whereas the lowest price it dropped to was $23.06. The 52-week range on RDWR shows that it touched its highest point at $24.60 and its lowest point at $14.94 during that stretch. It currently has a 1-year price target of $26.50. Beta for the stock currently stands at 0.98.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RDWR was up-trending over the past week, with a rise of 4.20%, but this was up by 6.88% over a month. Three-month performance surged to 10.16% while six-month performance rose 19.33%. The stock gained 54.95% in the past year, while it has gained 44.36% so far this year. A look at the trailing 12-month EPS for RDWR yields -0.06 with Next year EPS estimates of 0.94. For the next quarter, that number is 0.24. This implies an EPS growth rate of 93.60% for this year and 12.31% for next year.
Float and Shares Shorts:
At present, 41.70 million RDWR shares are outstanding with a float of 31.67 million shares on hand for trading. On 2024-11-15, short shares totaled 0.4 million, which was 95.0 higher than short shares on 1728950400. In addition to Mr. Roy Zisapel as the firm’s Co-Founder, CEO, President & Director, Mr. Guy Avidan CPA serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.7621 of RDWR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, RDWR reported revenue of $69488000.0 and operating income of -$6000.0. The EBITDA in the recently reported quarter was $2941000.0 and diluted EPS was $0.07.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RDWR since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RDWR analysts setting a high price target of 30.0 and a low target of 21.81, the average target price over the next 12 months is 24.93667. Based on these targets, RDWR could surge 24.58% to reach the target high and fall by -9.43% to reach the target low. Reaching the average price target will result in a growth of 3.56% from current levels.
Analysts have provided yearly estimates in a range of $0.84241 being high and $0.81268 being low. For RDWR, this leads to a yearly average estimate of $0.8325. The surprise factor in the prior quarter was $0.16. Based on analyst estimates, the high estimate for the next quarter is $0.21 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.2.
