Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $14.40 on Radware Ltd. (NASDAQ:RDWR) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.33 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Radware Ltd. (NASDAQ:RDWR) stands at 705.26.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Radware Ltd., the PEG ratio for coming 3-5 years is 2.87.
The technical analysis highlights that Radware Ltd. current is trading $0.60 points away or +4.67% from its 50-day moving average of $12.80. Further it is trading $1.71 or +14.67% away its 200-day moving average of $11.69.
The 52-week high of Radware Ltd. (NASDAQ:RDWR) was $18.75 while lowest point recorded in 52-week was $9.98. It implies if stock price makes a movement of over $-5.35, it will record a new 52-week high. In the case of +34.27% drop, it will touch a new 52-week low.
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