Unisys’ (UIS) Neutral Rating Reiterated at Susquehanna Bancshares

Unisys (NYSE:UIS)‘s stock had its “neutral” rating reissued by investment analysts at Susquehanna Bancshares in a research report issued on Monday.

Other equities analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Unisys from a “hold” rating to a “strong sell” rating in a research report on Friday, December 15th. ValuEngine raised shares of Unisys from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Loop Capital reduced their price target 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. Finally, UBS Group cut shares of Unisys from a “positive” rating to a “neutral” rating in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.00.

Unisys (NYSE UIS) opened at $9.85 on Monday. Unisys has a 52 week low of $6.90 and a 52 week high of $15.15. The stock has a market cap of $499.69, a P/E ratio of -6.51 and a beta of 1.68. The company has a quick ratio of 1.33, a current ratio of 1.37 and a debt-to-equity ratio of -0.38.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Thursday, February 8th. The information technology services provider reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $746.60 million for the quarter, compared to analysts’ expectations of $704.07 million. During the same period last year, the firm earned $0.60 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. equities research analysts predict that Unisys will post 1.58 EPS for the current year.

Several large investors have recently modified their holdings of UIS. Teacher Retirement System of Texas acquired a new stake in shares of Unisys during the fourth quarter worth $140,000. Stifel Financial Corp acquired a new stake in shares of Unisys during the second quarter worth $141,000. Voya Investment Management LLC raised its holdings in shares of Unisys by 9.8% during the second quarter. Voya Investment Management LLC now owns 25,106 shares of the information technology services provider’s stock worth $321,000 after acquiring an additional 2,238 shares during the period. Engineers Gate Manager LP raised its holdings in shares of Unisys by 300.9% during the fourth quarter. Engineers Gate Manager LP now owns 40,821 shares of the information technology services provider’s stock worth $333,000 after acquiring an additional 30,639 shares during the period. Finally, First Trust Advisors LP acquired a new stake in shares of Unisys during the third quarter worth $338,000.

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About Unisys

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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