Sidoti Issues Positive Outlook for Unisys Earnings

Unisys Corporation (NYSE:UIS) – Stock analysts at Sidoti raised their Q4 2027 EPS estimates for shares of Unisys in a report issued on Friday, July 24th. Sidoti analyst A. Soderstrom now anticipates that the information technology services provider will post earnings per share of $0.46 for the quarter, up from their previous estimate of $0.37. The consensus estimate for Unisys’ current full-year earnings is $0.74 per share.

Unisys (NYSE:UIS) last issued its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.12. Unisys had a negative return on equity of 23.51% and a negative net margin of 17.70%.The company had revenue of $437.60 million during the quarter, compared to the consensus estimate of $415.64 million.

Several other research analysts also recently weighed in on the stock. Needham & Company LLC upped their target price on shares of Unisys from $4.00 to $6.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Unisys in a research report on Friday, July 17th. Wall Street Zen cut Unisys from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Zacks Research raised shares of Unisys from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Unisys currently has an average rating of “Moderate Buy” and an average price target of $6.33.

Unisys Price Performance

NYSE UIS opened at $3.12 on Monday. The firm has a market capitalization of $227.08 million, a P/E ratio of -0.64, a P/E/G ratio of 0.28 and a beta of 1.87. Unisys has a 1-year low of $1.97 and a 1-year high of $4.98. The business’s 50-day simple moving average is $3.68 and its 200-day simple moving average is $2.94.

Insider Buying and Selling at Unisys

In other news, Director Philippe Germond sold 20,000 shares of Unisys stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $4.15, for a total value of $83,000.00. Following the transaction, the director directly owned 236,453 shares of the company’s stock, valued at $981,279.95. This trade represents a 7.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 43,846 shares of company stock valued at $156,102 over the last quarter. Company insiders own 11.56% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Sei Investments Co. increased its holdings in shares of Unisys by 169.4% in the 1st quarter. Sei Investments Co. now owns 69,861 shares of the information technology services provider’s stock valued at $145,000 after purchasing an additional 43,927 shares during the period. Lazard Asset Management LLC raised its holdings in shares of Unisys by 43.0% during the 1st quarter. Lazard Asset Management LLC now owns 200,155 shares of the information technology services provider’s stock valued at $414,000 after purchasing an additional 60,170 shares in the last quarter. Saba Capital Management L.P. lifted its position in shares of Unisys by 15.5% in the first quarter. Saba Capital Management L.P. now owns 1,791,963 shares of the information technology services provider’s stock worth $3,709,000 after buying an additional 240,476 shares during the last quarter. Abel Hall LLC acquired a new stake in Unisys in the 1st quarter worth approximately $27,000. Finally, Diversified Trust Co boosted its holdings in shares of Unisys by 38.8% during the 1st quarter. Diversified Trust Co now owns 29,583 shares of the information technology services provider’s stock worth $61,000 after buying an additional 8,270 shares during the period. Hedge funds and other institutional investors own 86.87% of the company’s stock.

About Unisys

Unisys Corporation (NYSE: UIS) is a global information technology company that delivers a broad portfolio of digital workplace, cloud and infrastructure, application and security services. Formed in 1986 through the merger of Burroughs Corporation and Sperry Corporation, Unisys combines decades of experience in IT modernization with a focus on secure, data-driven transformations for government and enterprise organizations.

The company operates two core business segments: Services and Technology.