Unisys Corporation (UIS) Earning Somewhat Favorable Press Coverage, Study Shows

Media stories about Unisys Corporation (NYSE:UIS) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Unisys Corporation earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned news articles about the information technology services provider an impact score of 45.4059946022749 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

Several brokerages have recently issued reports on UIS. BidaskClub cut Unisys Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. SunTrust Banks, Inc. set a $15.00 price objective on Unisys Corporation and gave the company a “buy” rating in a report on Wednesday, August 2nd. ValuEngine cut Unisys Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research lowered Unisys Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, August 4th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. Unisys Corporation has a consensus rating of “Hold” and a consensus price target of $13.67.

Unisys Corporation (NYSE:UIS) traded up 2.63% during midday trading on Friday, hitting $8.21. The stock had a trading volume of 669,326 shares. The stock has a 50-day moving average price of $11.91 and a 200 day moving average price of $12.65. The firm’s market cap is $414.35 million. Unisys Corporation has a 12-month low of $7.95 and a 12-month high of $16.70.

Unisys Corporation (NYSE:UIS) last released its earnings results on Tuesday, August 1st. The information technology services provider reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.34. The firm had revenue of $666.20 million during the quarter, compared to analysts’ expectations of $674.55 million. Unisys Corporation had a negative return on equity of 5.94% and a negative net margin of 3.81%. The firm’s revenue was down 11.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.81 earnings per share. On average, equities analysts anticipate that Unisys Corporation will post ($1.94) earnings per share for the current fiscal year.

In other Unisys Corporation news, Director Alison Davis sold 10,639 shares of Unisys Corporation stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $12.35, for a total value of $131,391.65. Following the completion of the sale, the director now directly owns 44,393 shares of the company’s stock, valued at approximately $548,253.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION NOTICE: “Unisys Corporation (UIS) Earning Somewhat Favorable Press Coverage, Study Shows” was originally published by BNB Daily and is the sole property of of BNB Daily. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://www.baseball-news-blog.com/2017/08/14/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-unisys-corporation-uis-share-price-updated-updated-updated.html.

About Unisys Corporation

Unisys Corporation (Unisys) is an information technology (IT) company. The Company operates through two segments: Services and Technology. The Company offers services, which include cloud and infrastructure services, application services and business process outsourcing services. In technology segment, the Company designs and develops software, servers and related products.

Insider Buying and Selling by Quarter for Unisys Corporation (NYSE:UIS)

Receive News & Ratings for Unisys Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unisys Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply