Equities Analysts Set Expectations for Unisys Q4 Earnings

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

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

Unisys Trading Up 8.2%

Shares of NYSE UIS opened at $3.38 on Monday. Unisys has a 12-month low of $1.97 and a 12-month high of $4.98. The company has a market cap of $246.04 million, a P/E ratio of -0.69, a P/E/G ratio of 0.28 and a beta of 1.87. The stock has a fifty day moving average price of $3.69 and a 200 day moving average price of $2.94.

Unisys (NYSE:UIS) last issued its earnings results on Tuesday, May 5th. The information technology services provider reported ($0.14) EPS for the quarter, beating 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 the consensus estimate of $415.64 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. IES Holdings Inc. purchased a new stake in Unisys in the 4th quarter worth about $3,235,000. Millennium Management LLC grew its stake in Unisys by 170.6% during the 3rd quarter. Millennium Management LLC now owns 1,726,339 shares of the information technology services provider’s stock valued at $6,733,000 after acquiring an additional 1,088,380 shares in the last quarter. Saba Capital Management L.P. increased its holdings in shares of Unisys by 65.8% in the 4th quarter. Saba Capital Management L.P. now owns 1,551,487 shares of the information technology services provider’s stock valued at $4,282,000 after purchasing an additional 615,632 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Unisys by 36.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,744,864 shares of the information technology services provider’s stock valued at $4,816,000 after purchasing an additional 468,340 shares during the period. Finally, Federated Hermes Inc. lifted its position in shares of Unisys by 29.1% in the fourth quarter. Federated Hermes Inc. now owns 1,494,555 shares of the information technology services provider’s stock worth $4,125,000 after purchasing an additional 336,711 shares in the last quarter. Hedge funds and other institutional investors own 86.87% of the company’s stock.

Insider Transactions at Unisys

In other news, Director Philippe Germond sold 20,000 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $4.15, for a total value of $83,000.00. Following the completion of the sale, the director 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last 90 days, insiders have sold 43,846 shares of company stock worth $156,102. 11.56% of the stock is owned by insiders.

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.