Quantcast

Unisys (UIS) Gains But Lags Market: What You Should Know


Shutterstock photo

Unisys (UIS) closed the most recent trading day at $15.39, moving +0.46% from the previous trading session. This change lagged the S&P 500's 1.06% gain on the day. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 1.72%.

Coming into today, shares of the information technology service provider had lost 22.43% in the past month. In that same time, the Computer and Technology sector lost 5.24%, while the S&P 500 lost 2.09%.

Wall Street will be looking for positivity from UIS as it approaches its next earnings report date. This is expected to be February 14, 2019. The company is expected to report EPS of $0.67, down 12.99% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $752.10 million, up 0.74% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.64 per share and revenue of $2.81 billion. These totals would mark changes of +228.13% and +2.53%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for UIS. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 14.58% lower within the past month. UIS is holding a Zacks Rank of #4 (Sell) right now.

Valuation is also important, so investors should note that UIS has a Forward P/E ratio of 9.34 right now. This valuation marks a discount compared to its industry's average Forward P/E of 17.32.

The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 160, putting it in the bottom 38% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Unisys Corporation (UIS): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: UIS



More from Zacks.com

Subscribe






Zacks.com
Contributor:

Zacks.com

Equity Research










Research Brokers before you trade

Want to trade FX?