it seems like the Israeli companies as a whole fly under the radar due to poor PR. it would be nice to see more press releases to promote awareness, but RDWR will do just fine without the PR. i'm long RDWR and expect the stock to hit $30 before the end of the year.
Cramer liked it in the lightning round. Said he is going to do more research on the space. Radware does a very poor job of marketing themselves. Maybe the CEO should come on the show. Stock should be at $25.
Sentiment: Strong Buy
i've been watching RDWR for a while and initiated a position today under $21/share. i agree with all of the positives stated by the OP and see little downside risk. the company is in a great space with strong partnerships. it has great growth and revenue numbers, a sizable cash position and no long-term debt.
Lockheed Martin just joined hands with Radware, See this post from PR Newswire. Radware Joins The Lockheed Martin Cyber Security Alliance. Not a spec of red on the RDWR balance sheet.
The last posting by research boy was on Jan.31st.Does no one have any interest in this company.I know they have huge competition in this market but is all the software redundant ?Do the large companies in the cloud security sector have no interest in acquiring Radware??
Don't quite understand a drop of over $120m in market cap when providing guidance of $1m less than what the analysts were predicting. Radware has $330m in cash which is over $7 per share, analysts are modeling $1.04 for earnings this year and $1.20 for 2016. Revenue is growing around 12% yoy and for Q1 growth will be in this range. They announced that they are working with a new OEM partner and both companies are investing in the development. Also they generated $90m in cash last year. They are in one of the best spaces, security, and many of the publicly traded security companies would love to have numbers (profitability, growth potential, huge cash balance of 37% of market cap) like Radware's.
Stock prices can swing dramatically, but no reason for a 15% drop. This could continue to drop, but this is a great buy at the current price. There are so many positive catalysts that can happen in 2015 such as new OEM partnership takes off, accretive acquisition, the Checkpoint relationship gaining significant momentum and always the chance of a big tech company buying them. I like their chances of the stock price being significantly higher at the end of 2015.
sell this sucka! don't hang around. Come back this summer - it will resume its price appreciation only then.
If my memory is correct they reported soft guidance for 1stQ 2014 and the stock tanked only to claw it's way back up and have a good year. What's not to like about this small tech company, it's growing with no debt, a strong candidate to be acquired.
And I am in..... but nobody really cares what you or I do. Anyway.... RDWR will keep growing beyond this quarter and the chances of being acquired are better than ever......
Sentiment: Strong Buy
Though Radware (NASDAQ:RDWR) beat Q4 estimates, it guided on its CC for Q1 revenue of $56M-$58M and EPS of $0.20-$0.23, mostly below a consensus of $58.1M and $0.23.
FFIV just got hit bad on very weak Q that Cramer says is killing the group. Is RDWR going to follow FFIV or is RDWR taking business away from FFIV? I do not own RDWR but looking for an entry point if the group is not going to be crushed all together.
Good observations. The consolidation and break out at 22 was exciting and scary. I hadn't noticed the stock split in April 2013. Makes me more confident we can continue higher. It's hard to sit on your hands in ths hairy market.
We're still a way off the old highs and all engines are burning. Good luck.
Harry has posted Charts of the Day video on RDWR at TheTechTrader site noting: Radware Ltd. (RDWR) had a special breakout day, up 90 cents to 22.89, or 4%, on 1.2 million shares. It didn’t have the best close, ending right at resistance. The next target is 26-27 short-term. Looking at the long-term chart, you can see the big run-up in 2009, and then four years of coiling and breaking out. The long-term target is the mid 30’s.