Unisys Corporation (NYSE:UIS – Get Free Report) Director Philippe Germond sold 16,080 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $3.02, for a total transaction of $48,561.60. Following the sale, the director directly owned 256,453 shares of the company’s stock, valued at approximately $774,488.06. This represents a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Unisys Price Performance
Shares of Unisys stock opened at $2.86 on Friday. Unisys Corporation has a fifty-two week low of $1.97 and a fifty-two week high of $5.08. The firm has a fifty day moving average price of $2.49 and a two-hundred day moving average price of $2.62. The company has a market cap of $208.13 million, a PE ratio of -0.59, a price-to-earnings-growth ratio of 0.28 and a beta of 1.60.
Unisys (NYSE:UIS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported ($0.14) earnings per share 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 firm had revenue of $437.60 million during the quarter, compared to the consensus estimate of $415.64 million. Analysts expect that Unisys Corporation will post 0.7 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Unisys
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on UIS. Weiss Ratings reissued a “sell (d-)” rating on shares of Unisys in a report on Monday, April 20th. Needham & Company LLC reissued a “buy” rating and issued a $4.00 price target on shares of Unisys in a report on Wednesday, February 25th. Finally, Wall Street Zen downgraded shares of Unisys from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $5.67.
Check Out Our Latest Stock Analysis on UIS
About Unisys
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.
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