Union Pacific (NYSE:UNP – Get Free Report) is scheduled to announce its earnings results before the market opens on Wednesday, July 26th. Analysts expect the company to announce earnings of $2.78 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results on Thursday, April 20th. The railroad operator reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.10. Union Pacific had a net margin of 27.91% and a return on equity of 57.75%. The company had revenue of $6.06 billion during the quarter, compared to analyst estimates of $6.03 billion. During the same period in the prior year, the business posted $2.57 earnings per share. Union Pacific’s revenue for the quarter was up 3.3% on a year-over-year basis. On average, analysts expect Union Pacific to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.
Union Pacific Stock Performance
Shares of UNP opened at $212.67 on Wednesday. The company has a debt-to-equity ratio of 2.50, a current ratio of 0.65 and a quick ratio of 0.54. Union Pacific has a one year low of $183.69 and a one year high of $242.35. The company has a 50-day simple moving average of $201.21 and a two-hundred day simple moving average of $201.37. The firm has a market capitalization of $129.78 billion, a PE ratio of 18.79, a price-to-earnings-growth ratio of 1.88 and a beta of 1.10.
Union Pacific Dividend Announcement
Analysts Set New Price Targets
UNP has been the subject of a number of analyst reports. TD Cowen decreased their target price on shares of Union Pacific from $222.00 to $218.00 and set an “outperform” rating for the company in a research note on Friday, April 21st. Royal Bank of Canada upped their price objective on Union Pacific from $184.00 to $193.00 in a research report on Friday, July 7th. Sanford C. Bernstein lowered their price objective on Union Pacific from $223.00 to $213.00 and set a “market perform” rating on the stock in a research report on Friday, April 21st. Raymond James upped their price objective on Union Pacific from $225.00 to $230.00 and gave the company a “strong-buy” rating in a research report on Friday, April 21st. Finally, Morgan Stanley lowered their price objective on Union Pacific from $171.00 to $168.00 in a research report on Thursday, July 6th. Thirteen equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $216.70.
Hedge Funds Weigh In On Union Pacific
Several institutional investors and hedge funds have recently bought and sold shares of UNP. Power Corp of Canada acquired a new stake in shares of Union Pacific during the first quarter worth $40,000. Coppell Advisory Solutions Corp. acquired a new stake in shares of Union Pacific during the fourth quarter worth $32,000. Sanctuary Wealth Management L.L.C. acquired a new position in Union Pacific during the fourth quarter valued at $62,000. Pacific Center for Financial Services acquired a new position in Union Pacific during the first quarter valued at $62,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific during the first quarter valued at $72,000. 84.04% of the stock is owned by hedge funds and other institutional investors.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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