Unisys Corp (NYSE:UIS) At $8.20: Does It Look Expensive?

In last trading session, Unisys Corp (NYSE:UIS) saw 1.24 million shares changing hands with its beta currently measuring 0.74. Company’s recent per share price level of $8.20 trading at $0.21 or 2.63% at ring of the bell on the day assigns it a market valuation of $568.78M. That closing price of UIS’s stock is at a premium of 0.98% from its 52-week high price of $8.12 and is indicating a premium of 61.59% from its 52-week low price of $3.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.15 million shares which gives us an average trading volume of 596.97K if we extend that period to 3-months.

Unisys Corp (NYSE:UIS) trade information

Upright in the green during last session for gaining 2.63%, in the last five days UIS remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $8.20 price level, adding 0.85% to its value on the day. Unisys Corp’s shares saw a change of 45.91% in year-to-date performance and have moved 18.67% in past 5-day. Unisys Corp (NYSE:UIS) showed a performance of 27.13% in past 30-days. Number of shares sold short was 1.21 million shares which calculate 2.65 days to cover the short interests.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Wall Street analysts have assigned a consensus price target of 27 to the stock, which implies a rise of 69.63% to its current value. Analysts have been projecting 27 as a low price target for the stock while placing it at a high target of 27. It follows that stock’s current price would drop -229.27% in reaching the projected high whereas dropping to the targeted low would mean a loss of -229.27% for stock’s current value.

Unisys Corp (UIS) estimates and forecasts

Statistics highlight that Unisys Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 67.69% of value to its shares in past 6 months, showing an annual growth rate of -48.33% while that of industry is 14.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -0.10% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 550.93M for the same. And 3 analysts are in estimates of company making revenue of 504.87M in the next quarter. Company posted 557.6M and 487.8M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around -31.11% while estimates for its earnings growth in next 5 years are of 15.00%.

Unisys Corp (NYSE:UIS)’s Major holders

Insiders are in possession of 5.22% of company’s total shares while institution are holding 85.79 percent of that, with stock having share float percentage of 90.52%. Investors also watch the number of corporate investors in a company very closely, which is 85.79% institutions for Unisys Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at UIS for having 6.68 million shares of worth $27.57 million. And as of 2024-06-30, it was holding 9.7164 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 5.5 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.0088 of outstanding shares, having a total worth of $22.72 million.