Unisys Corporation (NYSE:UIS) Receives Average Rating of "Hold" from Brokerages

Key Points

• Unisys Corporation has received a consensus rating of "Hold" from five brokerages, with one sell recommendation, two hold recommendations, and two buy recommendations.
• The stock's average 1-year target price is $6.3750, while it recently traded at $3.92 amid a trading volume below its average.
• Unisys reported an earnings per share (EPS) of $0.19 for the last quarter, exceeding analysts' expectations significantly, with revenue at $483.30 million.

Unisys Corporation (NYSE:UIS - Get Free Report) has earned a consensus recommendation of "Hold" from the five brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $6.3750.

Several research analysts have weighed in on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Unisys in a research report on Saturday, September 27th. Maxim Group upgraded Unisys from a "hold" rating to a "buy" rating and set a $9.00 price target for the company in a research report on Monday, August 4th. Needham & Company LLC initiated coverage on Unisys in a research note on Wednesday, September 3rd. They set a "buy" rating and a $6.00 target price on the stock. Jefferies Financial Group assumed coverage on shares of Unisys in a research report on Monday, September 22nd. They set a "hold" rating and a $4.00 target price on the stock. Finally, Wall Street Zen upgraded Unisys from a "hold" rating to a "buy" rating in a report on Saturday, September 20th.

Unisys Trading Up 2.0%

NYSE:UIS traded up $0.08 during mid-day trading on Friday, reaching $3.92. The company's stock had a trading volume of 450,667 shares, compared to its average volume of 641,144. The stock has a market cap of $279.11 million, a P/E ratio of -3.32, a PEG ratio of 0.53 and a beta of 1.33. The firm's fifty day moving average price is $3.96 and its two-hundred day moving average price is $4.27. Unisys has a 12-month low of $3.56 and a 12-month high of $8.93.

Unisys (NYSE:UIS - Get Free Report) last posted its earnings results on Wednesday, July 30th. The information technology services provider reported $0.19 EPS for the quarter, topping analysts' consensus estimates of ($0.34) by $0.53. The business had revenue of $483.30 million during the quarter, compared to the consensus estimate of $444.65 million. Unisys had a negative net margin of 4.16% and a negative return on equity of 12.55%. During the same quarter in the previous year, the firm posted $0.16 EPS. Unisys has set its FY 2025 guidance at EPS. Analysts predict that Unisys will post 0.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. AlphaQuest LLC grew its stake in Unisys by 56.9% during the 1st quarter. AlphaQuest LLC now owns 9,716 shares of the information technology services provider's stock valued at $45,000 after acquiring an additional 3,523 shares in the last quarter. Byrne Asset Management LLC acquired a new position in Unisys in the second quarter valued at $46,000. Pallas Capital Advisors LLC acquired a new stake in Unisys in the first quarter valued at about $49,000. Los Angeles Capital Management LLC purchased a new stake in shares of Unisys during the 2nd quarter worth approximately $53,000. Finally, Kapitalo Investimentos Ltda purchased a new position in Unisys during the second quarter worth $54,000. Hedge funds and other institutional investors own 86.87% of the company's stock.

Unisys Company Profile

Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, Applications & Infrastructure Solutions (CA&I); and Enterprise Computing Solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.