Unisys Co. (NYSE:UIS) has been given a consensus broker rating score of 0.00 () from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price objective of $16.00 for the company and are predicting that the company will post $0.20 EPS for the current quarter, according to Zacks. Zacks has also assigned Unisys an industry rank of 61 out of 265 based on the ratings given to its competitors.
Several brokerages have commented on UIS. Zacks Investment Research lowered shares of Unisys from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 1st. Loop Capital began coverage on shares of Unisys in a report on Tuesday, January 10th. They issued a “hold” rating and a $15.00 price objective for the company.
A number of hedge funds have recently modified their holdings of UIS. BlackRock Japan Co. Ltd raised its stake in shares of Unisys by 198.4% in the third quarter. BlackRock Japan Co. Ltd now owns 10,249 shares of the company’s stock valued at $100,000 after buying an additional 6,814 shares during the period. Nine Chapters Capital Management LLC bought a new stake in shares of Unisys during the third quarter valued at approximately $131,000. Quantitative Investment Management LLC bought a new stake in shares of Unisys during the third quarter valued at approximately $152,000. Federated Investors Inc. PA bought a new stake in shares of Unisys during the fourth quarter valued at approximately $198,000. Finally, Philadelphia Trust Co. bought a new stake in shares of Unisys during the third quarter valued at approximately $244,000.
Unisys (NYSE:UIS) opened at 13.95 on Thursday. Unisys has a 12-month low of $6.72 and a 12-month high of $16.70. The company’s market capitalization is $698.80 million. The stock has a 50 day moving average price of $14.11 and a 200 day moving average price of $12.88.
Unisys (NYSE:UIS) last issued its quarterly earnings data on Thursday, January 26th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.24. Unisys had a negative return on equity of 10.20% and a negative net margin of 1.69%. The company earned $721.70 million during the quarter, compared to analysts’ expectations of $725.58 million. During the same quarter last year, the business earned $1.58 earnings per share. The business’s quarterly revenue was down 8.6% on a year-over-year basis. On average, analysts expect that Unisys will post ($1.24) EPS for the current year.
Unisys Company Profile
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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