Sidoti Issues Negative Forecast for Unisys Earnings

Key Points

• Sidoti cut its Q2 2026 EPS estimate for Unisys to ($0.13) from $0.08, signaling a more negative outlook for the company’s near-term earnings.
• Unisys recently reported Q1 earnings of ($0.14) per share, which beat estimates, and revenue of $437.6 million, also above expectations.
• Analyst sentiment remains mixed: the stock has an average rating of “Hold” with an average price target of $5.67, while shares were trading around $3.17.

Unisys Corporation (NYSE:UIS - Free Report) - Analysts at Sidoti reduced their Q2 2026 earnings estimates for Unisys in a research note issued to investors on Thursday, May 7th. Sidoti analyst A. Soderstrom now forecasts that the information technology services provider will post earnings of ($0.13) per share for the quarter, down from their previous estimate of $0.08. The consensus estimate for Unisys' current full-year earnings is $0.70 per share.

Several other equities analysts have also issued reports on the stock. Needham & Company LLC reissued a "buy" rating and set a $4.00 price objective on shares of Unisys in a report on Wednesday, February 25th. Wall Street Zen lowered shares of Unisys from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Unisys in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $5.67.

Unisys Stock Down 0.3%

Shares of UIS stock opened at $3.17 on Monday. The firm has a market cap of $231.02 million, a price-to-earnings ratio of -0.65, a PEG ratio of 0.30 and a beta of 1.60. The company's 50 day moving average is $2.36 and its 200 day moving average is $2.67. Unisys has a 52-week low of $1.97 and a 52-week high of $6.06.

Unisys (NYSE:UIS - Get Free Report) last posted 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 net margin of 17.70% and a negative return on equity of 23.51%. The firm had revenue of $437.60 million during the quarter, compared to the consensus estimate of $415.64 million.

Hedge Funds Weigh In On Unisys

Several institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC grew its holdings in Unisys by 50.9% in the fourth quarter. Millennium Management LLC now owns 2,604,604 shares of the information technology services provider's stock worth $7,189,000 after purchasing an additional 878,265 shares during the last quarter. Palisade Capital Management LP grew its holdings in Unisys by 17.4% in the second quarter. Palisade Capital Management LP now owns 1,758,525 shares of the information technology services provider's stock worth $7,966,000 after purchasing an additional 260,716 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Unisys by 36.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,744,864 shares of the information technology services provider's stock worth $4,816,000 after purchasing an additional 468,340 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Unisys by 18.9% in the second quarter. JPMorgan Chase & Co. now owns 1,714,693 shares of the information technology services provider's stock worth $7,768,000 after purchasing an additional 272,627 shares during the last quarter. Finally, Saba Capital Management L.P. grew its holdings in Unisys by 65.8% in the fourth quarter. Saba Capital Management L.P. now owns 1,551,487 shares of the information technology services provider's stock worth $4,282,000 after purchasing an additional 615,632 shares during the last quarter. 86.87% of the stock is owned by hedge funds and other institutional investors.

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.

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