Does Unisys Corp’s (NYSE:UIS) Current Price Make It Worth Investing In?

During the last session, Unisys Corp (NYSE:UIS)’s traded shares were 0.34 million, with the beta value of the company hitting 0.76. At the end of the trading day, the stock’s price was $6.93, reflecting an intraday gain of 1.46% or $0.1. The 52-week high for the UIS share is $8.93, that puts it down -28.86 from that peak though still a striking 52.09% gain since the share price plummeted to a 52-week low of $3.32. The company’s market capitalization is $480.69M, and the average intraday trading volume over the past 10 days was 0.74 million shares, and the average trade volume was 660.81K shares over the past three months.

Unisys Corp (NYSE:UIS) trade information

Unisys Corp (UIS) registered a 1.46% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.46% in intraday trading to $6.93, hitting a weekly high. The stock’s 5-day price performance is -1.56%, and it has moved by -15.07% in 30 days. Based on these gigs, the overall price performance for the year is 31.00%. The short interest in Unisys Corp (NYSE:UIS) is 0.79 million shares and it means that shorts have 0.98 day(s) to cover.

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The consensus price target of analysts on Wall Street is $27, which implies an increase of 74.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $27 and $27 respectively. As a result, UIS is trading at a discount of -289.61% off the target high and -289.61% off the low.

Unisys Corp (UIS) estimates and forecasts

Statistics show that Unisys Corp has underperformed its competitors in share price, compared to the industry in which it operates. Unisys Corp (UIS) shares have gone up 65.00% during the last six months, with a year-to-date growth rate less than the industry average at -48.33% against 15.00. In the rating firms’ projections, revenue will decrease -0.07% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 550.93M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 504.87M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 557.6M and 487.8M respectively. In this case, analysts expect current quarter sales to shrink by -1.20% and then jump by 3.50% in the coming quarter.

While earnings are projected to return -31.11% in 2024, the next five years will return 15.00% per annum.

UIS Dividends

Unisys Corp is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 59.62%.

Unisys Corp (NYSE:UIS)’s Major holders

Unisys Corp insiders own 5.22% of total outstanding shares while institutional holders control 85.50%, with the float percentage being 90.21%. VANGUARD GROUP INC is the largest shareholder of the company, while 235.0 institutions own stock in it. As of 2024-06-30, the company held over 6.68 million shares (or 9.7164% of all shares), a total value of $27.57 million in shares.

The next largest institutional holding, with 5.5 million shares, is of BLACKROCK INC.’s that is approximately 8.0088% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $22.72 million.