Somewhat Favorable Press Coverage Somewhat Unlikely to Affect RadiSys Corporation (RSYS) Stock Price
Headlines about RadiSys Corporation (NASDAQ:RSYS) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. RadiSys Corporation earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.5007262820111 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s scoring:
- Zacks: Brokerages Expect RadiSys Corporation (RSYS) Will Announce Quarterly Sales of $28.15 Million (americanbankingnews.com)
- Head-To-Head Review: RadiSys Corporation (RSYS) and Logitech International (LOGI) (americanbankingnews.com)
- Zacks: Brokerages Expect RadiSys Corporation (RSYS) Will Announce Earnings of -$0.17 Per Share (americanbankingnews.com)
- Analyzing ScanSource (SCSC) and RadiSys Corporation (NASDAQ:RSYS) (americanbankingnews.com)
A number of research firms have recently issued reports on RSYS. Lake Street Capital reaffirmed a “buy” rating and set a $3.00 target price (down previously from $4.50) on shares of RadiSys Corporation in a report on Wednesday, August 2nd. Zacks Investment Research lowered shares of RadiSys Corporation from a “hold” rating to a “strong sell” rating in a report on Saturday, May 6th. Jefferies Group LLC reaffirmed a “buy” rating and set a $6.25 target price (down previously from $6.75) on shares of RadiSys Corporation in a report on Tuesday, July 25th. Roth Capital set a $6.00 price objective on shares of RadiSys Corporation and gave the company a “buy” rating in a report on Friday, July 28th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $2.50 price objective (down previously from $4.50) on shares of RadiSys Corporation in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $3.63.
Shares of RadiSys Corporation (NASDAQ RSYS) traded up 0.71% during midday trading on Friday, hitting $1.41. 343,123 shares of the company were exchanged. The stock’s market capitalization is $55.05 million. RadiSys Corporation has a 52-week low of $1.36 and a 52-week high of $5.81. The company has a 50-day moving average price of $2.35 and a 200-day moving average price of $3.53.
RadiSys Corporation (NASDAQ:RSYS) last posted its quarterly earnings results on Tuesday, August 1st. The technology company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.08. The company had revenue of $35.09 million during the quarter, compared to analysts’ expectations of $35.05 million. RadiSys Corporation had a negative return on equity of 14.12% and a negative net margin of 14.38%. The firm’s revenue was down 42.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 EPS. On average, analysts forecast that RadiSys Corporation will post ($0.34) EPS for the current year.
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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.
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