Unisys Co. (UIS) Given Average Rating of “Hold” by Analysts

Unisys Co. (NYSE:UIS) has earned an average rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $12.00.

Several analysts recently commented on UIS shares. Loop Capital cut their price objective on shares of Unisys from $12.00 to $9.00 and set a “hold” rating on the stock in a research report on Tuesday, October 31st. ValuEngine raised shares of Unisys from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research downgraded shares of Unisys from a “hold” rating to a “strong sell” rating in a research report on Friday, December 15th. UBS Group downgraded shares of Unisys from a “positive” rating to a “neutral” rating in a research report on Monday. Finally, Susquehanna Bancshares reissued a “neutral” rating on shares of Unisys in a research report on Monday.

Unisys (NYSE:UIS) opened at $9.85 on Monday. The company has a debt-to-equity ratio of -0.38, a current ratio of 1.37 and a quick ratio of 1.33. The stock has a market cap of $499.69, a PE ratio of -6.48 and a beta of 1.68. Unisys has a 12 month low of $6.90 and a 12 month high of $15.15.

Unisys (NYSE:UIS) last issued its quarterly earnings results on Thursday, February 8th. The information technology services provider reported $1.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $1.02. Unisys had a negative net margin of 2.35% and a negative return on equity of 10.45%. The company had revenue of $746.60 million during the quarter, compared to analyst estimates of $704.07 million. During the same period last year, the business earned $0.60 EPS. Unisys’s quarterly revenue was up 3.5% compared to the same quarter last year. analysts anticipate that Unisys will post 1.58 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in UIS. Swiss National Bank grew its position in Unisys by 8.7% during the 2nd quarter. Swiss National Bank now owns 85,000 shares of the information technology services provider’s stock valued at $1,088,000 after purchasing an additional 6,800 shares during the last quarter. TIAA CREF Investment Management LLC grew its position in Unisys by 1.7% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 291,446 shares of the information technology services provider’s stock valued at $3,731,000 after purchasing an additional 4,831 shares during the last quarter. Ameriprise Financial Inc. grew its position in Unisys by 22.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 430,428 shares of the information technology services provider’s stock valued at $5,521,000 after purchasing an additional 78,259 shares during the last quarter. Northern Trust Corp grew its position in Unisys by 4.1% during the 2nd quarter. Northern Trust Corp now owns 622,334 shares of the information technology services provider’s stock valued at $7,967,000 after purchasing an additional 24,786 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Unisys by 18.7% during the 2nd quarter. Vanguard Group Inc. now owns 6,715,192 shares of the information technology services provider’s stock valued at $85,954,000 after purchasing an additional 1,058,172 shares during the last quarter.

TRADEMARK VIOLATION WARNING: “Unisys Co. (UIS) Given Average Rating of “Hold” by Analysts” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://www.americanbankingnews.com/2018/02/12/unisys-co-uis-given-average-rating-of-hold-by-analysts.html.

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.

Receive News & Ratings for Unisys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unisys and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply