A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. The U.S. wasn’t supposed to be this exposed to the global market’s whims. Instead, while the United States’ reliance on OPEC for oil imports has diminished, the country’s fuel market is still dependent on decisions made at the oil cartel’s meetings in Vienna — no matter how much oil comes out of U.S. shale fields. The company crushed Wall Street’s estimates but the stock slumped anyway.
Those same analysts give the stock an average rating of Hold. That average rating earns UIS an Analyst Ranking of 6, which means it ranks higher than 6 of stocks, based on data compiled by InvestorsObserver. U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast.
Top 5 Tech Stocks Which You’ll Regret Missing This Quarter
3 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Unisys in the last year. The consensus among Wall Street equities research analysts is that investors should “hold” UIS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UIS, but not buy additional shares or sell existing shares.
Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in Digital Workplace Solutions (DWS); Cloud, Applications and Infrastructure Solutions (CA&I); and Enterprise Computing Solutions (ECS) segments. The DWS segment provides modern and traditional workplace solutions. The ECS segment provides solutions that harness secure, continuous high-intensity computing, and enable digital services through software-defined operating environments. It also offers proprietary platforms, and enterprise software and technology products, including Unisys InteliServe, PowerSuite, CloudForte, ClearPath Forward, and Unisys Stealth.
Stocks That Hit 52-Week Lows On Thursday
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Upgrade to MarketBeat All Access to add more stocks to your watchlist.
Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
Terms of Service apply. UIS’s beta can be found in Trading Information at the top of this page.
Why Fulcrum Therapeutics Shares Are Trading Lower By Over 55%? Here Are Other Stocks Moving In Friday’s Mid-Day Session
The 2022 run-up in fuel prices occurred after a rare one-two punch when U.S. fuel demand rebounded after a pandemic-driven market crash, and after the invasion of Ukraine led European nations to cut imports from Russia, scrambling trade flows. The U.S. still imports about 40 percent of the oil it consumes, even though exports of crude and petroleum products continue to outstrip those shipments. Global forces, meanwhile, could cause pump prices to ease next year, with the Paris-based International Energy Agency forecasting that oil supply next year will outstrip demand. GOP presidential candidates are blaming pump prices on President Joe Biden’s clean energy policies, even though the U.S. is churning out record amounts of oil. The company says the decision was based on the strategy that an initial install-based fee will enable creators to retain the continued financial gains from player engagement. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Unisys’ stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.16%), Alliancebernstein L.P.
- The U.S. still imports about 40 percent of the oil it consumes, even though exports of crude and petroleum products continue to outstrip those shipments.
- The U.S. wasn’t supposed to be this exposed to the global market’s whims.
- Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
- © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
One share of UIS stock can currently be purchased for approximately $3.68. 890 employees have rated Unisys Chief Executive Officer Peter Altabef on Glassdoor.com. Peter Altabef has an approval rating of 79% among the company’s employees. Sign-up to receive the latest news and ratings for Unisys and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Unisys annual flagship event in India connects aspiring innovators with business leaders to foster new technology and ideas BENGALURU, India and BLUE BELL, Pa. , May 18, 2023 /PRNewswire/ — Unisys (N…
UIS’s historical performance
against its industry peers and the overall market.
(4.52%), Palisade Capital Management LP (2.90%), Charles Schwab Investment Management Inc. (2.39%), Acadian Asset Management LLC (2.01%) and Geode Capital Management LLC (1.93%). Insiders that own company stock include Denise K Fletcher, Eric Hutto, Gerald P Kenney, Lee D Roberts, Matthew J Desch and Michael M Thomson. The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023. The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. We’d like to share more about how we work and what drives our day-to-day business.
Since then, UIS shares have decreased by 28.0% and is now trading at $3.68. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. This summer’s rally, however, has largely been driven by the decision by OPEC and Russia to withhold supplies to ensure prices don’t weaken. And the cuts by Saudi Arabia in particular of 1 million barrels per day on top of the OPEC+ agreement have put a spotlight on Washington’s fraught relationship with the kingdom. Behind this rhetoric is the jump in the national average price for regular gasoline to $3.87 a gallon last week, up more than 30 cents in a month, according to the American Automobile Association.
Federal business to Science Applications International Corp. for $1.2 billion…. Shares of Unisys Corp. rocketed 44% toward a 15-month high in active midday trading Thursday, after the information technology company announced , to Science Applications International Corp. . U shares are trading lower Wednesday after the company announced it will introduce its Unity Runtime Fee, effective Jan. 1.
The company serves customers in the travel and transportation, financial services, energy, and healthcare markets. Unisys Corporation was founded in 1886 and is based in Blue Bell, Pennsylvania. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Which stocks are likely to thrive in today’s challenging market? Click the link below and we’ll send you MarketBeat’s list of ten stocks that will drive in any economic environment. Two former executives at technology net sales and gross sales services company Unisys Corp must answer questions about their move to join an industry rival, as a U.S. court weighs a trade secrets lawsuit that seeks to place cu… Shares of IT services firm Unisys Corp tumbled 16.7% on Monday and shares of embattled home goods retailer Bed Bath & Beyond Inc fell about 4% after it was announced they will be removed from the smal…
That’s up from the most recent trough of 5 million barrels a day in 2008, and probably enough to help the U.S. to keep its title as the No. 1 global crude oil producer. According to 3 analysts, the average rating for UIS stock is “Hold.” The 12-month stock price forecast is $5.0, which is an increase of 36.24% from the latest price. Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
- It operates in Digital Workplace Solutions (DWS); Cloud, Applications and Infrastructure Solutions (CA&I); and Enterprise Computing Solutions (ECS) segments.
- Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
- The ECS segment provides solutions that harness secure, continuous high-intensity computing, and enable digital services through software-defined operating environments.
- Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
- One share of UIS stock can currently be purchased for approximately $3.68.
3 brokerages have issued 12-month price objectives for Unisys’ stock. On average, they anticipate the company’s stock price to reach $5.00 in the next year. This suggests a possible upside of 35.9% from the stock’s current price. View analysts price targets for UIS or view top-rated stocks among Wall Street analysts. Unisys Corp.’s UIS second-quarter earnings fell 52% as the information-technology company posted weaker margins and services revenue.
However, shares of the company, which provides information-technology services and softw… UIS reported third-quarter earnings and revenue above Wall Street expectations, citing growth in its services and technology businesses and a higher gross margin. Analysts who follow Unisys Corp (UIS) on average expect it to add 48.25% over the next twelve months.
Prices had held near $3.50 for most of the year, but it may be a while before drivers see that level again, especially after an explosion forced the shutdown of the nation’s third largest refinery on Friday. In fact, though, oil production from federal lands https://1investing.in/ and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day. The technique has proven to be very useful for finding positive surprises.
In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.