Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RadiSys Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
RadiSys Corporation (RSYS) Receiving Somewhat Positive Media Coverage, Report Finds
Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RadiSys Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
Here are some of the headlines that may have impacted Accern’s analysis:
- 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)
- EMC (EMC) versus RadiSys Corporation (RSYS) Head to Head Survey (americanbankingnews.com)
Several research analysts have weighed in on RSYS shares. Needham & Company LLC lowered 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. Jefferies Group LLC restated a “buy” rating and set a $3.00 price objective (down previously from $6.25) on shares of RadiSys Corporation in a report on Wednesday, August 2nd. Zacks Investment Research downgraded shares of RadiSys Corporation from a “hold” rating to a “strong sell” rating in a report on Friday, June 30th. Lake Street Capital lowered their target price on shares of RadiSys Corporation from $5.50 to $4.50 and set a “buy” rating for the company in a report on Friday, July 7th. Finally, Roth Capital set a $6.00 target price on shares of RadiSys Corporation and gave the company a “buy” rating in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $3.63.
Shares of RadiSys Corporation (RSYS) opened at 1.41 on Friday. The stock’s market cap is $55.05 million. RadiSys Corporation has a 12-month low of $1.36 and a 12-month high of $5.81. The company’s 50-day moving average is $2.35 and its 200-day moving average is $3.53.
RadiSys Corporation (NASDAQ:RSYS) last issued its quarterly earnings results on Tuesday, August 1st. The technology company reported ($0.07) earnings per share for the quarter, topping the Thomson Reuters’ 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 the consensus estimate of $35.05 million. During the same quarter in the prior year, the business earned $0.10 EPS. RadiSys Corporation’s revenue was down 42.7% on a year-over-year basis. On average, equities research analysts anticipate that RadiSys Corporation will post ($0.34) earnings per share for the current year.
WARNING: “[[title]]” was originally reported by [[site]] and is owned by of [[site]]. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at [[permalink]].
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.