Unisys (NYSE:UIS – Get Free Report) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Friday.
Unisys Stock Performance
Shares of NYSE:UIS opened at $6.73 on Friday. The firm has a 50 day simple moving average of $7.04 and a 200 day simple moving average of $6.13. Unisys has a 52 week low of $3.32 and a 52 week high of $8.93. The company has a market cap of $466.65 million, a PE ratio of -1.19, a price-to-earnings-growth ratio of 0.73 and a beta of 0.79.
Unisys (NYSE:UIS – Get Free Report) last released its earnings results on Tuesday, October 29th. The information technology services provider reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.21). The business had revenue of $497.00 million during the quarter, compared to analysts’ expectations of $486.50 million. Unisys had a negative net margin of 19.24% and a negative return on equity of 27.42%. Unisys’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.33) EPS. On average, equities analysts predict that Unisys will post 0.31 earnings per share for the current year.
Institutional Investors 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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