Unisys Corp (NYSE: UIS) has reported a loss for its second fiscal quarter (ending June 30) of $-0.17 versus a loss $-0.59 for the same period a year ago. This result fell short of the consensus estimate of $-0.01 by $-0.16. For the latest four quarters through June 30, E.P.S. were $-5.49 versus $-3.62 for the same period a year ago.
Recent Price Action
Unisys Corp (NYSE: UIS) stock closed at $4.11 on 8/5/24 after a large decline of -6.2%. Moreover, trading volume in this decline was unusually high at 150% of normal. The stock has declined -14.9% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
UIS is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Unisys is currently unrated.
Rating Review
The stock is currently unrated.
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