RadiSys (NASDAQ:RSYS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Roth Capital in a note issued to investors on Monday.

RSYS has been the topic of a number of other research reports. Lake Street Capital reiterated a “buy” rating and issued a $3.00 price target (down previously from $4.50) on shares of RadiSys in a research note on Tuesday, August 8th. Needham & Company LLC reiterated a “buy” rating and issued a $2.50 price target (down previously from $4.50) on shares of RadiSys in a research note on Tuesday, August 8th. ValuEngine cut shares of RadiSys from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. DA Davidson reiterated a “buy” rating and issued a $3.50 price target on shares of RadiSys in a research note on Friday, September 8th. Finally, Jefferies Group reiterated a “buy” rating and issued a $3.00 price target on shares of RadiSys in a research note on Sunday, September 10th. Two analysts have rated the stock with a sell rating and five have given a buy rating to the company. RadiSys has a consensus rating of “Hold” and an average price target of $3.60.

Shares of RadiSys (NASDAQ:RSYS) traded down $0.01 during mid-day trading on Monday, hitting $0.92. 3,494,164 shares of the stock were exchanged, compared to its average volume of 384,661. RadiSys has a 1 year low of $0.63 and a 1 year high of $5.26.

RadiSys (NASDAQ:RSYS) last announced its earnings results on Tuesday, November 7th. The technology company reported ($0.28) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.16). RadiSys had a negative net margin of 26.07% and a negative return on equity of 47.11%. The business had revenue of $28.80 million for the quarter, compared to the consensus estimate of $28.11 million. During the same quarter last year, the firm posted $0.07 EPS. The business’s quarterly revenue was down 48.0% on a year-over-year basis. sell-side analysts forecast that RadiSys will post -0.58 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in RSYS. Geode Capital Management LLC boosted its stake in RadiSys by 3.9% in the 1st quarter. Geode Capital Management LLC now owns 254,652 shares of the technology company’s stock worth $1,018,000 after purchasing an additional 9,654 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in RadiSys by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,488,774 shares of the technology company’s stock worth $5,955,000 after purchasing an additional 19,511 shares in the last quarter. Rhumbline Advisers raised its position in RadiSys by 26.3% in the 2nd quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after buying an additional 8,575 shares during the last quarter. Bank of New York Mellon Corp raised 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 worth $585,000 after buying an additional 25,495 shares during the last quarter. Finally, Cadence Capital Management LLC raised its position in RadiSys by 5.8% in the 2nd quarter. Cadence Capital Management LLC now owns 144,193 shares of the technology company’s stock worth $542,000 after buying an additional 7,858 shares during the last quarter. Institutional investors own 57.21% 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.

Analyst Recommendations for RadiSys (NASDAQ:RSYS)

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