Unisys Corporation (NYSE:UIS) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts give Unisys a consensus rating of Hold from five brokerages (1 sell, 1 hold, 3 buy) with an average 12‑month price target of $5.67.
• Unisys beat expectations in its most recent quarter (EPS $0.86 vs. $0.60 expected; revenue $574.5M vs. $569.8M) but still reports a negative net margin (−17.42%) and negative ROE (−26.77%).
• Shares trade around $2.10 (52‑week low $2.07, high $6.06) with a market cap of $151.6M and 86.87% institutional ownership, reflecting high insider/institutional concentration despite the low share price.

Shares of Unisys Corporation (NYSE:UIS - Get Free Report) have been given a consensus recommendation of "Hold" by the five brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $5.6667.

Several research firms have recently commented on UIS. William Blair began coverage on shares of Unisys in a report on Wednesday, December 10th. They issued an "outperform" rating on the stock. Wall Street Zen raised shares of Unisys from a "hold" rating to a "buy" rating in a report on Saturday, February 28th. Needham & Company LLC reaffirmed a "buy" rating and issued a $4.00 price target on shares of Unisys in a report on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Unisys in a research report on Wednesday, January 21st.

Unisys Stock Down 1.6%

Unisys stock opened at $2.10 on Friday. Unisys has a 52 week low of $2.07 and a 52 week high of $6.06. The company has a market capitalization of $151.60 million, a price-to-earnings ratio of -0.44, a price-to-earnings-growth ratio of 0.23 and a beta of 1.44. The stock has a 50-day moving average price of $2.44 and a 200 day moving average price of $2.98.

Unisys (NYSE:UIS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.26. Unisys had a negative net margin of 17.42% and a negative return on equity of 26.77%. The company had revenue of $574.50 million for the quarter, compared to the consensus estimate of $569.76 million. Research analysts anticipate that Unisys will post 0.61 EPS for the current fiscal year.

Institutional Investors Weigh In On Unisys

Hedge funds have recently modified their holdings of the company. Aquatic Capital Management LLC purchased a new position in shares of Unisys in the 3rd quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. boosted its position in Unisys by 100,000.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,010 shares of the information technology services provider's stock worth $39,000 after purchasing an additional 10,000 shares in the last quarter. PharVision Advisers LLC acquired a new stake in Unisys in the third quarter valued at approximately $39,000. Quarry LP grew its holdings in Unisys by 445.7% in the fourth quarter. Quarry LP now owns 10,205 shares of the information technology services provider's stock valued at $28,000 after purchasing an additional 8,335 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in shares of Unisys in the second quarter valued at approximately $61,000. 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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