Somewhat Favorable Media Coverage Somewhat Unlikely to Impact RadiSys Corporation (RSYS) Share Price
Press coverage about RadiSys Corporation (NASDAQ:RSYS) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. RadiSys Corporation earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 44.9785245857561 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of equities analysts have issued reports on RSYS shares. Needham & Company LLC cut their price objective on shares of RadiSys Corporation from $5.00 to $4.50 and set a “buy” rating on the stock in a report on Monday, July 10th. DA Davidson reaffirmed a “buy” rating and set a $3.50 price objective on shares of RadiSys Corporation in a report on Friday, September 8th. Jefferies Group LLC reaffirmed a “buy” rating and set a $6.25 price objective (down from $6.75) on shares of RadiSys Corporation in a report on Tuesday, July 25th. Zacks Investment Research downgraded shares of RadiSys Corporation from a “hold” rating to a “strong sell” rating in a report on Friday, June 30th. Finally, ValuEngine downgraded shares of RadiSys Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $3.60.
Shares of RadiSys Corporation (RSYS) traded up 0.70% during trading on Monday, hitting $1.44. 166,432 shares of the company were exchanged. RadiSys Corporation has a 1-year low of $1.36 and a 1-year high of $5.77. The stock’s market capitalization is $56.22 million. The company has a 50 day moving average of $1.58 and a 200-day moving average of $3.14.
RadiSys Corporation (NASDAQ:RSYS) last released its quarterly earnings data on Tuesday, August 1st. The technology company reported ($0.07) EPS for the quarter, beating the consensus estimate 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 company had revenue of $35.09 million for the quarter, compared to analysts’ expectations of $35.05 million. During the same period last year, the firm posted $0.10 earnings per share. RadiSys Corporation’s revenue was down 42.7% compared to the same quarter last year. On average, analysts forecast that RadiSys Corporation will post ($0.34) earnings per share for the current year.
RadiSys Corporation 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.
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