Unisys Co. (UIS) Receives $12.00 Average Target Price from Analysts

Unisys Co. (NYSE:UIS) has been given a consensus recommendation of “Hold” by the seven brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $12.00.

A number of analysts have commented on UIS shares. Zacks Investment Research downgraded Unisys from a “hold” rating to a “strong sell” rating in a research report on Friday, December 15th. ValuEngine upgraded Unisys from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Loop Capital reduced their price objective on Unisys from $12.00 to $9.00 and set a “hold” rating for the company in a research report on Tuesday, October 31st. Susquehanna Bancshares reiterated a “neutral” rating on shares of Unisys in a research report on Monday, February 12th. Finally, UBS Group downgraded Unisys from a “positive” rating to a “neutral” rating in a research report on Monday, February 12th.

Institutional investors and hedge funds have recently modified their holdings of the company. Teacher Retirement System of Texas acquired a new position in shares of Unisys in the 4th quarter worth approximately $140,000. Stifel Financial Corp acquired a new position in shares of Unisys in the 2nd quarter worth approximately $141,000. MetLife Investment Advisors LLC acquired a new position in shares of Unisys in the 4th quarter worth approximately $214,000. Two Sigma Investments LP acquired a new position in shares of Unisys in the 4th quarter worth approximately $240,000. Finally, Voya Investment Management LLC raised its holdings in shares of Unisys by 9.8% in the 2nd quarter. Voya Investment Management LLC now owns 25,106 shares of the information technology services provider’s stock worth $321,000 after buying an additional 2,238 shares in the last quarter.

Shares of Unisys (NYSE UIS) traded up $0.05 during mid-day trading on Monday, hitting $11.15. The company’s stock had a trading volume of 789,861 shares, compared to its average volume of 483,927. The company has a debt-to-equity ratio of -0.38, a current ratio of 1.37 and a quick ratio of 1.33. Unisys has a 52 week low of $6.90 and a 52 week high of $15.15. The company has a market cap of $562.78, a P/E ratio of -7.34 and a beta of 1.68.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Thursday, February 8th. The information technology services provider reported $1.75 EPS for the quarter, topping the Zacks’ 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 during the quarter, compared to the consensus estimate of $704.07 million. During the same quarter last year, the company earned $0.60 EPS. The company’s quarterly revenue was up 3.5% on a year-over-year basis. equities analysts expect that Unisys will post 1.65 EPS for the current year.

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About Unisys

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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