StockNews.com upgraded shares of Unisys (NYSE:UIS – Free Report) from a hold rating to a buy rating in a report published on Saturday morning.
Unisys Stock Performance
Unisys stock opened at $5.31 on Friday. The company has a 50-day simple moving average of $4.41 and a 200-day simple moving average of $5.03. The firm has a market capitalization of $367.61 million, a P/E ratio of -0.90 and a beta of 0.86. Unisys has a one year low of $2.60 and a one year high of $8.12.
Unisys (NYSE:UIS – Get Free Report) last released its quarterly earnings results on Monday, August 5th. The information technology services provider reported $0.16 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.17. The business had revenue of $478.20 million during the quarter, compared to analyst estimates of $485.93 million. Unisys had a negative net margin of 20.37% and a negative return on equity of 17.04%. The company’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. As a group, sell-side analysts forecast that Unisys will post -0.28 earnings per share for the current year.
Institutional Investors Weigh In On Unisys
About Unisys
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.
See Also
- Five stocks we like better than Unisys
- Why Invest in 5G? How to Invest in 5G Stocks
- Columbia Sportswear: A Turnaround Story That’s Gaining Ground
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Lowe’s Stock: Hold Now, Buy it When it Dips
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- ZIM Shipping Stock Soars as the Industry Shows a Bottoming Trend
Receive News & Ratings for Unisys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unisys and related companies with MarketBeat.com's FREE daily email newsletter.