Shares of Unisys Co. (NYSE:UIS) have earned an average rating of “Hold” from the seven ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $12.00.
Several analysts have issued reports on UIS shares. Zacks Investment Research cut Unisys from a “hold” rating to a “strong sell” rating in a research note on Friday, December 15th. ValuEngine upgraded Unisys from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Loop Capital cut their price objective on Unisys from $12.00 to $9.00 and set a “hold” rating on the stock in a research note on Tuesday, October 31st. Susquehanna Bancshares restated a “neutral” rating on shares of Unisys in a research note on Monday, February 12th. Finally, UBS Group cut Unisys from a “positive” rating to a “neutral” rating in a research note on Monday, February 12th.
Unisys (NYSE:UIS) traded up $0.05 during trading hours on Monday, hitting $11.15. The company had a trading volume of 791,114 shares, compared to its average volume of 595,198. The company has a debt-to-equity ratio of -0.38, a quick ratio of 1.33 and a current ratio of 1.37. Unisys has a fifty-two week low of $6.90 and a fifty-two week high of $15.15. The firm has a market capitalization of $560.25, a PE ratio of -7.34 and a beta of 1.68.
Unisys (NYSE:UIS) last released its quarterly earnings results on Thursday, February 8th. The information technology services provider reported $1.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $1.02. Unisys had a negative return on equity of 10.45% and a negative net margin of 2.35%. The business had revenue of $746.60 million for the quarter, compared to analysts’ expectations of $704.07 million. During the same quarter in the previous year, the firm posted $0.60 earnings per share. The company’s revenue was up 3.5% compared to the same quarter last year. equities research analysts expect that Unisys will post 1.65 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently made changes to their positions in UIS. Vanguard Group Inc. raised its stake in Unisys by 18.7% during the second quarter. Vanguard Group Inc. now owns 6,715,192 shares of the information technology services provider’s stock valued at $85,954,000 after buying an additional 1,058,172 shares in the last quarter. Towle & Co. raised its position in shares of Unisys by 31.0% during the 3rd quarter. Towle & Co. now owns 2,976,222 shares of the information technology services provider’s stock worth $25,298,000 after purchasing an additional 704,306 shares during the period. Neuberger Berman Group LLC raised its position in shares of Unisys by 50.7% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,496,334 shares of the information technology services provider’s stock worth $12,719,000 after purchasing an additional 503,443 shares during the period. Royce & Associates LP raised its position in shares of Unisys by 22.7% during the 4th quarter. Royce & Associates LP now owns 2,126,758 shares of the information technology services provider’s stock worth $17,333,000 after purchasing an additional 393,410 shares during the period. Finally, Millennium Management LLC acquired a new stake in shares of Unisys during the 4th quarter worth approximately $2,138,000.
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Unisys Corporation (Unisys) is an information technology (IT) company. The Company operates through two segments: Services and Technology. The Company offers services, which include cloud and infrastructure services, application services and business process outsourcing services. In technology segment, the Company designs and develops software, servers and related products.
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