Susquehanna Bancshares reiterated their neutral rating on shares of Unisys (NYSE:UIS) in a research report report published on Monday morning, Marketbeat Ratings reports.
Several other equities analysts have also weighed in on UIS. UBS Group lowered Unisys from a positive rating to a neutral rating in a report on Monday. ValuEngine lowered Unisys from a strong-buy rating to a buy rating in a research note on Friday, February 2nd. Loop Capital dropped 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. Finally, Zacks Investment Research lowered Unisys from a hold rating to a strong sell rating in a research note on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. Unisys presently has an average rating of Hold and a consensus price target of $12.00.
Unisys (UIS) opened at $11.10 on Monday. Unisys has a 1-year low of $6.90 and a 1-year high of $15.15. The company has a current ratio of 1.37, a quick ratio of 1.33 and a debt-to-equity ratio of -0.38. The firm has a market capitalization of $560.25, a PE ratio of -6.98 and a beta of 1.68.
Unisys (NYSE:UIS) last posted its earnings results on Thursday, February 8th. The information technology services provider reported $1.75 earnings per share for the quarter, beating 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 company had revenue of $746.60 million for the quarter, compared to analyst estimates of $704.07 million. During the same period last year, the company earned $0.60 earnings per share. The business’s revenue was up 3.5% compared to the same quarter last year. equities research analysts anticipate that Unisys will post 1.65 EPS for the current year.
Institutional investors have recently bought and sold shares of the company. Teacher Retirement System of Texas bought a new position in shares of Unisys in the fourth quarter worth about $140,000. Stifel Financial Corp bought a new position in shares of Unisys in the second quarter worth about $141,000. MetLife Investment Advisors LLC bought a new position in shares of Unisys in the fourth quarter worth about $214,000. Two Sigma Investments LP bought a new position in shares of Unisys in the fourth quarter worth about $240,000. Finally, Voya Investment Management LLC increased its stake in shares of Unisys by 9.8% in the second quarter. Voya Investment Management LLC now owns 25,106 shares of the information technology services provider’s stock worth $321,000 after purchasing an additional 2,238 shares during the period.
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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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