Wall Street Zen upgraded shares of Unisys (NYSE:UIS - Free Report) from a hold rating to a buy rating in a report published on Sunday morning.
Unisys Price Performance
Shares of UIS stock traded down $0.14 on Friday, hitting $4.46. 311,349 shares of the stock traded hands, compared to its average volume of 582,895. Unisys has a 52 week low of $3.32 and a 52 week high of $8.93. The firm has a 50 day simple moving average of $4.65 and a two-hundred day simple moving average of $5.17. The firm has a market cap of $316.62 million, a price-to-earnings ratio of -4.17, a PEG ratio of 0.52 and a beta of 1.32.
Unisys (NYSE:UIS - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The information technology services provider reported ($0.05) EPS for the quarter, beating analysts' consensus estimates of ($0.24) by $0.19. Unisys had a negative return on equity of 11.93% and a negative net margin of 3.76%. The business had revenue of $432.10 million for the quarter, compared to analysts' expectations of $441.20 million. Sell-side analysts forecast that Unisys will post 0.61 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in UIS. Virtus Fund Advisers LLC purchased a new position in shares of Unisys in the fourth quarter worth $35,000. AlphaQuest LLC bought a new stake in Unisys in the 4th quarter valued at $39,000. Quarry LP increased its holdings in Unisys by 985.8% in the 4th quarter. Quarry LP now owns 8,556 shares of the information technology services provider's stock valued at $54,000 after acquiring an additional 7,768 shares during the last quarter. Pallas Capital Advisors LLC purchased a new stake in Unisys in the 1st quarter worth $49,000. Finally, Boothbay Fund Management LLC bought a new position in shares of Unisys during the 4th quarter valued at about $68,000. 86.87% of the stock is currently owned by institutional investors.
Unisys Company Profile
(
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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.
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