DA Davidson reiterated their buy rating on shares of RadiSys (NASDAQ:RSYS) in a research note issued to investors on Thursday.

Several other equities research analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of RadiSys from a hold rating to a strong sell rating in a research note on Thursday, December 7th. Roth Capital reaffirmed a buy rating on shares of RadiSys in a research note on Monday, December 4th. Finally, ValuEngine raised shares of RadiSys from a strong sell rating to a sell rating in a research note on Friday, February 2nd. Two analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The stock has an average rating of Hold and a consensus price target of $3.60.

RadiSys (RSYS) traded up $0.02 during trading hours on Thursday, reaching $0.86. 85,242 shares of the company’s stock traded hands, compared to its average volume of 1,113,477. RadiSys has a 52-week low of $0.63 and a 52-week high of $4.39. The stock has a market cap of $35.23, a P/E ratio of -0.63 and a beta of 0.79.

RadiSys (NASDAQ:RSYS) last released its quarterly earnings results on Wednesday, February 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.05. RadiSys had a negative net margin of 39.33% and a negative return on equity of 56.68%. The company had revenue of $32.30 million for the quarter, compared to analysts’ expectations of $31.09 million. During the same period last year, the company earned $0.04 EPS. The firm’s revenue for the quarter was down 20.4% compared to the same quarter last year. sell-side analysts forecast that RadiSys will post -0.21 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in RSYS. Dimensional Fund Advisors LP boosted its stake in shares of RadiSys by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock worth $5,785,000 after purchasing an additional 49,835 shares during the last quarter. State Street Corp boosted its stake in shares of RadiSys by 10.1% during the 2nd quarter. State Street Corp now owns 517,315 shares of the technology company’s stock worth $1,946,000 after purchasing an additional 47,538 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of RadiSys by 19.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock worth $585,000 after purchasing an additional 25,495 shares during the last quarter. Rhumbline Advisers boosted its position in shares of RadiSys by 26.3% in the second quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after acquiring an additional 8,575 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its position in shares of RadiSys by 0.4% in the second quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock worth $183,000 after acquiring an additional 200 shares during the last quarter. 57.07% of the stock is currently owned by institutional investors.

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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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