StockNews.com upgraded shares of Unisys (NYSE:UIS – Free Report) from a hold rating to a buy rating in a report published on Friday morning.
Unisys Trading Up 4.6 %
Shares of Unisys stock opened at $5.65 on Friday. Unisys has a 12 month low of $2.60 and a 12 month high of $8.12. The company has a market capitalization of $391.14 million, a PE ratio of -0.95, a PEG ratio of 1.79 and a beta of 0.78. The stock’s fifty day simple moving average is $5.76 and its 200 day simple moving average is $5.04.
Unisys (NYSE:UIS – Get Free Report) last issued its quarterly earnings data on Monday, August 5th. The information technology services provider reported $0.16 earnings per share (EPS) for the quarter, beating 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 return on equity of 24.50% and a negative net margin of 18.95%. Unisys’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.09) EPS. Analysts predict that Unisys will post 0.24 EPS for the current fiscal year.
Hedge Funds Weigh In On Unisys
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.
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