RadiSys Corporation (RSYS) Given Average Rating of “Buy” by Brokerages

RadiSys Corporation (NASDAQ:RSYS) has earned a consensus recommendation of “Buy” from the seven research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $3.60.

A number of analysts have issued reports on the company. Lake Street Capital cut their target price on RadiSys Corporation from $5.50 to $4.50 and set a “buy” rating for the company in a research note on Friday, July 7th. Needham & Company LLC cut their target price on RadiSys Corporation from $5.00 to $4.50 and set a “buy” rating for the company in a research note on Monday, July 10th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $6.25 target price (down from $6.75) on shares of RadiSys Corporation in a research note on Tuesday, July 25th. Roth Capital set a $6.00 target price on RadiSys Corporation and gave the stock a “buy” rating in a research note on Friday, July 28th. Finally, ValuEngine downgraded RadiSys Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st.

Several large investors have recently modified their holdings of the stock. Moors & Cabot Inc. increased its position in shares of RadiSys Corporation by 0.4% during the 2nd quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock worth $183,000 after purchasing an additional 200 shares during the last quarter. Royce & Associates LP increased its position in shares of RadiSys Corporation by 0.7% during the 2nd quarter. Royce & Associates LP now owns 763,157 shares of the technology company’s stock worth $2,869,000 after purchasing an additional 5,000 shares during the last quarter. Cadence Capital Management LLC increased its position in shares of RadiSys Corporation by 5.8% during the 2nd quarter. Cadence Capital Management LLC now owns 144,193 shares of the technology company’s stock worth $542,000 after purchasing an additional 7,858 shares during the last quarter. Rhumbline Advisers increased its position in shares of RadiSys Corporation by 26.3% during the 2nd quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after purchasing an additional 8,575 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of RadiSys Corporation by 3.9% during 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 during the last quarter. 58.70% of the stock is owned by hedge funds and other institutional investors.

WARNING: “RadiSys Corporation (RSYS) Given Average Rating of “Buy” by Brokerages” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://ledgergazette.com/2017/10/21/radisys-corporation-rsys-given-average-rating-of-buy-by-brokerages.html.

RadiSys Corporation (NASDAQ RSYS) opened at 1.31 on Friday. The company’s market cap is $51.15 million. RadiSys Corporation has a 52-week low of $1.26 and a 52-week high of $5.26. The firm’s 50-day moving average is $1.44 and its 200-day moving average is $2.74.

RadiSys Corporation (NASDAQ:RSYS) last issued its earnings results on Tuesday, August 1st. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.08. RadiSys Corporation had a negative return on equity of 14.12% and a negative net margin of 14.38%. The business had revenue of $35.09 million during the quarter, compared to the consensus estimate of $35.05 million. During the same period last year, the company earned $0.10 EPS. The company’s revenue for the quarter was down 42.7% on a year-over-year basis. On average, equities rese

A number of analysts have issued reports on the company. Lake Street Capital cut their target price on RadiSys Corporation from $5.50 to $4.50 and set a “buy” rating for the company in a research note on Friday, July 7th. Needham & Company LLC cut their target price on RadiSys Corporation from $5.00 to $4.50 and set a “buy” rating for the company in a research note on Monday, July 10th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $6.25 target price (down from $6.75) on shares of RadiSys Corporation in a research note on Tuesday, July 25th. Roth Capital set a $6.00 target price on RadiSys Corporation and gave the stock a “buy” rating in a research note on Friday, July 28th. Finally, ValuEngine downgraded RadiSys Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st.

Several large investors have recently modified their holdings of the stock. Moors & Cabot Inc. increased its position in shares of RadiSys Corporation by 0.4% during the 2nd quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock worth $183,000 after purchasing an additional 200 shares during the last quarter. Royce & Associates LP increased its position in shares of RadiSys Corporation by 0.7% during the 2nd quarter. Royce & Associates LP now owns 763,157 shares of the technology company’s stock worth $2,869,000 after purchasing an additional 5,000 shares during the last quarter. Cadence Capital Management LLC increased its position in shares of RadiSys Corporation by 5.8% during the 2nd quarter. Cadence Capital Management LLC now owns 144,193 shares of the technology company’s stock worth $542,000 after purchasing an additional 7,858 shares during the last quarter. Rhumbline Advisers increased its position in shares of RadiSys Corporation by 26.3% during the 2nd quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after purchasing an additional 8,575 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of RadiSys Corporation by 3.9% during 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 during the last quarter. 58.70% of the stock is owned by hedge funds and other institutional investors.

WARNING: “RadiSys Corporation (RSYS) Given Average Rating of “Buy” by Brokerages” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://ledgergazette.com/2017/10/21/radisys-corporation-rsys-given-average-rating-of-buy-by-brokerages.html.

RadiSys Corporation (NASDAQ RSYS) opened at 1.31 on Friday. The company’s market cap is $51.15 million. RadiSys Corporation has a 52-week low of $1.26 and a 52-week high of $5.26. The firm’s 50-day moving average is $1.44 and its 200-day moving average is $2.74.

RadiSys Corporation (NASDAQ:RSYS) last issued its earnings results on Tuesday, August 1st. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.08. RadiSys Corporation had a negative return on equity of 14.12% and a negative net margin of 14.38%. The business had revenue of $35.09 million during the quarter, compared to the consensus estimate of $35.05 million. During the same period last year, the company earned $0.10 EPS. The company’s revenue for the quarter was down 42.7% on a year-over-year basis. On average, equities research analysts anticipate that RadiSys Corporation will post ($0.34) EPS for the current year.

About RadiSys Corporation

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 Corporation (NASDAQ:RSYS)

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