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

Several other research analysts also recently weighed in on RSYS. Lake Street Capital restated a “buy” rating and issued a $3.00 target price (down from $4.50) on shares of RadiSys in a research note on Tuesday, August 8th. Needham & Company LLC restated a “buy” rating and issued a $2.50 target price (down from $4.50) on shares of RadiSys in a research note on Tuesday, August 8th. ValuEngine downgraded shares of RadiSys from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. DA Davidson restated a “buy” rating and issued a $3.50 target price on shares of RadiSys in a research note on Friday, September 8th. Finally, Jefferies Group restated a “buy” rating and issued a $3.00 target price 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 assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $3.60.

Shares of RadiSys (NASDAQ RSYS) opened at $0.93 on Monday. RadiSys has a 52-week low of $0.63 and a 52-week high of $5.26.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of RSYS. S Squared Technology LLC lifted its position in shares of RadiSys by 34.7% in the 2nd quarter. S Squared Technology LLC now owns 413,402 shares of the technology company’s stock worth $1,554,000 after buying an additional 106,500 shares during the last quarter. Cadence Capital Management LLC lifted its position in shares of 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. Paradigm Capital Management Inc. NY lifted its position in shares of 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 worth $11,056,000 after buying an additional 577,132 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of 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 buying an additional 19,511 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of 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. Hedge funds and other institutional investors own 57.21% of the company’s stock.

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About RadiSys

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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