Radware Ltd (NASDAQ: RDWR) has recently experienced extremely important negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.
Significant negative changes in fundamentals have recently occurred for Radware Ltd (NASDAQ: RDWR): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
RDWR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Radware has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Radware has a neutral Power Rating of 46 but a very low Appreciation Score of 14, leading to the Lowest Value Trend Rating.
Recent Price Action
On 4/10/24, Radware Ltd (NASDAQ: RDWR) stock declined modestly by -1.2%, closing at $17.77. However, exceptionally low trading volume at 39% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -7.2% during the last week.
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