RadiSys (NASDAQ:RSYS) Rating Reiterated by Roth Capital

RadiSys (NASDAQ:RSYS)‘s stock had its “buy” rating reissued by analysts at Roth Capital in a research note issued on Monday, December 4th.

RSYS has been the subject of several other reports. ValuEngine lowered RadiSys from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Zacks Investment Research raised RadiSys from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Needham & Company LLC reissued a “buy” rating and issued a $2.50 price objective (down from $4.50) on shares of RadiSys in a research report on Tuesday, August 8th. Jefferies Group reissued a “buy” rating and issued a $3.00 price objective on shares of RadiSys in a research report on Sunday, September 10th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $3.50 target price on shares of RadiSys in a research report on Friday, September 8th. Two analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $3.60.

RadiSys (RSYS) traded down $0.04 during mid-day trading on Monday, hitting $1.01. The stock had a trading volume of 690,218 shares, compared to its average volume of 3,139,769. RadiSys has a 1 year low of $0.63 and a 1 year high of $5.26. The company has a market cap of $40.72, a price-to-earnings ratio of -1.06 and a beta of 1.19.

RadiSys (NASDAQ:RSYS) last posted its quarterly earnings data on Tuesday, November 7th. The technology company reported ($0.28) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.16). RadiSys had a negative return on equity of 47.11% and a negative net margin of 26.07%. The business had revenue of $28.80 million during the quarter, compared to the consensus estimate of $28.11 million. During the same period last year, the business posted $0.07 earnings per share. The business’s revenue was down 48.0% on a year-over-year basis. research analysts forecast that RadiSys will post -0.59 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of RSYS. Paradigm Capital Management Inc. NY increased its position in RadiSys by 24.4% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 2,940,445 shares of the technology company’s stock valued at $11,056,000 after buying an additional 577,132 shares in the last quarter. S Squared Technology LLC increased its position in RadiSys by 34.7% in the 2nd quarter. S Squared Technology LLC now owns 413,402 shares of the technology company’s stock valued at $1,554,000 after buying an additional 106,500 shares in the last quarter. Dimensional Fund Advisors LP increased its position in 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 buying an additional 49,835 shares in the last quarter. State Street Corp increased its position in 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 buying an additional 47,538 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in RadiSys by 19.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock valued at $585,000 after buying an additional 25,495 shares in the last quarter. 57.18% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for RadiSys (NASDAQ:RSYS)

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