RadiSys Co. (NASDAQ:RSYS) has received a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $3.00.
Several analysts have recently commented on RSYS shares. Zacks Investment Research downgraded shares of RadiSys from a “hold” rating to a “strong sell” rating in a report on Thursday, December 7th. Roth Capital reaffirmed a “buy” rating on shares of RadiSys in a report on Monday, December 4th. DA Davidson reaffirmed a “buy” rating and issued a $3.50 price objective on shares of RadiSys in a report on Friday, September 8th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $3.00 price objective on shares of RadiSys in a report on Sunday, September 10th.
Shares of RadiSys (NASDAQ:RSYS) opened at $1.04 on Thursday. The firm has a market cap of $39.34, a P/E ratio of -1.09 and a beta of 1.20. RadiSys has a 12-month low of $0.63 and a 12-month high of $5.26.
RadiSys (NASDAQ:RSYS) last released its quarterly earnings data on Tuesday, November 7th. The technology company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.16). The business had revenue of $28.80 million during the quarter, compared to analysts’ expectations of $28.11 million. RadiSys had a negative net margin of 26.07% and a negative return on equity of 47.11%. The firm’s revenue was down 48.0% on a year-over-year basis. During the same period last year, the company earned $0.07 earnings per share. analysts anticipate that RadiSys will post -0.59 earnings per share for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Moors & Cabot Inc. lifted its stake in shares of RadiSys by 0.4% in the 2nd quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock valued at $183,000 after purchasing an additional 200 shares during the period. State Street Corp lifted its stake in shares of RadiSys by 10.1% in the 2nd quarter. State Street Corp now owns 517,315 shares of the technology company’s stock valued at $1,946,000 after purchasing an additional 47,538 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of RadiSys by 3.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock valued at $5,785,000 after purchasing an additional 49,835 shares during the period. Paradigm Capital Management Inc. NY raised its position in RadiSys by 24.4% during the second quarter. Paradigm Capital Management Inc. NY now owns 2,940,445 shares of the technology company’s stock worth $11,056,000 after acquiring an additional 577,132 shares during the period. Finally, S Squared Technology LLC raised its position in RadiSys by 34.7% during the second quarter. S Squared Technology LLC now owns 413,402 shares of the technology company’s stock worth $1,554,000 after acquiring an additional 106,500 shares during the period. Hedge funds and other institutional investors own 57.18% of the company’s stock.
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RadiSys Company Profile
Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.
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