Unisys (UIS) Receiving Positive Press Coverage, InfoTrie Reports
Media coverage about Unisys (NYSE:UIS) has been trending positive on Wednesday, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Unisys earned a news sentiment score of 2.83 on their scale. InfoTrie also gave media stories about the information technology services provider an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Unisys’ ranking:
- Unisys Co. (UIS) Receives Average Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- Could Red Hat deal be a 'distraction' for IBM? Unisys CEO hopes so (finance.yahoo.com)
- Unisys’ (UIS) Q3 Earnings Miss, Revenues Beat, Increase Y/Y (zacks.com)
- Unisys Extends its Support for Global Cybersecurity Best Practice with the Paris Call for Trust and Security in Cyberspace (finance.yahoo.com)
- Unisys' (UIS) Q3 Earnings Miss, Revenues Beat, Increase Y/Y (finance.yahoo.com)
A number of research analysts have recently weighed in on UIS shares. ValuEngine upgraded shares of Unisys from a “hold” rating to a “buy” rating in a report on Tuesday, August 28th. SunTrust Banks restated a “buy” rating and set a $16.00 price target on shares of Unisys in a report on Wednesday, August 1st. Finally, Zacks Investment Research upgraded shares of Unisys from a “hold” rating to a “strong-buy” rating and set a $17.00 price target on the stock in a report on Thursday, August 2nd. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Unisys currently has a consensus rating of “Buy” and an average price target of $15.33.
Unisys (NYSE:UIS) last released its quarterly earnings results on Thursday, November 8th. The information technology services provider reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The business had revenue of $688.30 million for the quarter, compared to the consensus estimate of $669.60 million. Unisys had a net margin of 3.62% and a negative return on equity of 15.39%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.31 EPS. On average, sell-side analysts forecast that Unisys will post 1.92 earnings per share for the current fiscal year.
WARNING: This news story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another site, it was stolen and republished in violation of US and international trademark and copyright law. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2018/11/14/unisys-uis-receiving-positive-press-coverage-infotrie-reports.html.
Unisys Corporation provides information technology services worldwide. It operates in two segments, Services and Technology. The Services segment provides cloud and infrastructure services, application services, and business process outsourcing services. The Technology segment designs and develops software, hardware, and other related products.
Featured Story: Fundamental Analysis and Choosing Stocks
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.