Brokers Offer Predictions for Unisys’ Q4 Earnings (NYSE:UIS)

Unisys Corporation (NYSE:UIS) – Stock analysts at Sidoti increased their Q4 2027 earnings estimates for Unisys in a research note issued on Friday, July 24th. Sidoti analyst A. Soderstrom now forecasts that the information technology services provider will earn $0.46 per share for the quarter, up from their previous estimate of $0.37. The consensus estimate for Unisys’ current full-year earnings is $0.74 per share.

Several other research analysts have also recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Unisys in a report on Friday, July 17th. Needham & Company LLC increased their price target on Unisys from $4.00 to $6.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Wall Street Zen downgraded Unisys from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Zacks Research upgraded Unisys from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $6.33.

Unisys Stock Up 1.5%

NYSE UIS opened at $3.41 on Monday. The firm has a 50-day moving average price of $3.70 and a two-hundred day moving average price of $2.94. Unisys has a 12-month low of $1.97 and a 12-month high of $4.98. The company has a market capitalization of $248.59 million, a P/E ratio of -0.70, a P/E/G ratio of 0.30 and a beta of 1.87.

Unisys (NYSE:UIS) last released its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported ($0.14) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.12. Unisys had a negative net margin of 17.70% and a negative return on equity of 23.51%. The business had revenue of $437.60 million for the quarter, compared to analyst estimates of $415.64 million.

Insiders Place Their Bets

In other Unisys news, Director Philippe Germond sold 20,000 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $4.15, for a total transaction of $83,000.00. Following the sale, the director directly owned 236,453 shares in the company, valued at $981,279.95. This represents a 7.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold a total of 43,846 shares of company stock worth $156,102 over the last three months. Corporate insiders own 11.56% of the company’s stock.

Hedge Funds Weigh In On Unisys

Several hedge funds and other institutional investors have recently made changes to their positions in UIS. Cetera Investment Advisers acquired a new stake in shares of Unisys during the 1st quarter worth approximately $26,000. Abel Hall LLC acquired a new position in Unisys during the first quarter valued at approximately $27,000. Quarry LP raised its position in Unisys by 445.7% during the fourth quarter. Quarry LP now owns 10,205 shares of the information technology services provider’s stock valued at $28,000 after purchasing an additional 8,335 shares in the last quarter. Royal Bank of Canada lifted its stake in Unisys by 487.1% during the first quarter. Royal Bank of Canada now owns 14,032 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 11,642 shares during the last quarter. Finally, Aquatic Capital Management LLC bought a new stake in Unisys during the third quarter worth $30,000. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Unisys Company Profile

Unisys Corporation (NYSE: UIS) is a global information technology company that delivers a broad portfolio of digital workplace, cloud and infrastructure, application and security services. Formed in 1986 through the merger of Burroughs Corporation and Sperry Corporation, Unisys combines decades of experience in IT modernization with a focus on secure, data-driven transformations for government and enterprise organizations.

The company operates two core business segments: Services and Technology.