Shares of RadiSys Co. (NASDAQ:RSYS) have earned an average rating of “Buy” from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $2.31.
RSYS has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of RadiSys from a “hold” rating to a “buy” rating and set a $0.75 price target on the stock in a report on Thursday, April 26th. ValuEngine raised shares of RadiSys from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd.
Several large investors have recently modified their holdings of the company. Ancora Advisors LLC increased its holdings in shares of RadiSys by 19.7% in the 1st quarter. Ancora Advisors LLC now owns 709,312 shares of the technology company’s stock worth $455,000 after buying an additional 116,565 shares during the last quarter. Two Sigma Advisers LP increased its holdings in shares of RadiSys by 247.7% in the 4th quarter. Two Sigma Advisers LP now owns 186,000 shares of the technology company’s stock worth $187,000 after buying an additional 132,500 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of RadiSys by 171.9% in the 1st quarter. California Public Employees Retirement System now owns 234,416 shares of the technology company’s stock worth $150,000 after buying an additional 148,216 shares during the last quarter. Two Sigma Investments LP increased its holdings in shares of RadiSys by 76.7% in the 4th quarter. Two Sigma Investments LP now owns 454,623 shares of the technology company’s stock worth $457,000 after buying an additional 197,342 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of RadiSys in the 4th quarter worth $200,000. 32.40% of the stock is currently owned by hedge funds and other institutional investors.
RadiSys opened at $0.72 on Thursday, MarketBeat Ratings reports. The company has a debt-to-equity ratio of 18.71, a quick ratio of 0.95 and a current ratio of 1.05. The company has a market cap of $28.39 million, a P/E ratio of -1.31 and a beta of 0.77. RadiSys has a 1-year low of $0.53 and a 1-year high of $4.00.
RadiSys (NASDAQ:RSYS) last posted its earnings results on Tuesday, May 1st. The technology company reported ($0.08) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.10) by $0.02. The business had revenue of $26.19 million for the quarter, compared to analyst estimates of $24.43 million. RadiSys had a negative net margin of 40.08% and a negative return on equity of 100.29%. research analysts expect that RadiSys will post -0.24 EPS for the current year.
Radisys Corporation provides telecom solutions worldwide. It operates in two segments, Software-Systems and Hardware Solutions. The company's products include MediaEngine products that provide media processing capabilities required for applications, such as voice over long-term evolution (VoLTE), voice over Wi-Fi, Web real-time communication, and multimedia conferencing, as well as media interworking; and MobilityEngine, Its MobilityEngine products portfolio provide solutions for 4G, LTE-Advance and emerging 5G standards for RAN use cases, including Centralized, Virtualized and multi access edge compute (MEC).
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