Wall Street analysts expect that Union Pacific Co. (NYSE:UNP) will report sales of $5.37 billion for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for Union Pacific’s earnings, with estimates ranging from $5.33 billion to $5.42 billion. Union Pacific posted sales of $5.13 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 4.7%. The business is scheduled to announce its next quarterly earnings results before the market opens on Thursday, April 26th.
According to Zacks, analysts expect that Union Pacific will report full-year sales of $22.21 billion for the current fiscal year, with estimates ranging from $21.68 billion to $22.64 billion. For the next fiscal year, analysts expect that the company will report sales of $23.11 billion per share, with estimates ranging from $22.28 billion to $23.75 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Union Pacific.
Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($0.01). Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period last year, the business earned $1.39 EPS. Union Pacific’s revenue was up 5.5% compared to the same quarter last year.
Several research analysts have recently commented on the company. Loop Capital raised their price target on Union Pacific from $137.00 to $145.00 and gave the stock a “hold” rating in a research report on Monday. Robert W. Baird restated a “hold” rating and set a $148.00 price target on shares of Union Pacific in a research report on Tuesday, April 10th. Deutsche Bank upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $158.00 price target for the company in a research report on Monday, April 2nd. Bank of America raised their price target on Union Pacific from $150.00 to $159.00 and gave the stock a “buy” rating in a research report on Thursday, March 15th. Finally, Zacks Investment Research lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $138.95.
Shares of UNP traded up $0.74 during midday trading on Friday, hitting $137.82. 2,459,398 shares of the stock were exchanged, compared to its average volume of 5,080,594. Union Pacific has a 52-week low of $101.06 and a 52-week high of $143.05. The firm has a market cap of $104,676.25, a P/E ratio of 23.81, a P/E/G ratio of 1.66 and a beta of 0.79. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65.
The business also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were issued a $0.73 dividend. The ex-dividend date was Tuesday, February 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a yield of 2.12%. Union Pacific’s dividend payout ratio (DPR) is 50.43%.
In other Union Pacific news, CFO Robert M. Knight, Jr. sold 25,000 shares of the firm’s stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total value of $3,434,750.00. Following the sale, the chief financial officer now directly owns 106,518 shares in the company, valued at $14,634,508.02. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Elizabeth F. Whited sold 15,576 shares of the firm’s stock in a transaction on Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total value of $2,083,913.04. Following the completion of the sale, the executive vice president now owns 65,613 shares in the company, valued at $8,778,363.27. The disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.
A number of institutional investors have recently bought and sold shares of UNP. Acropolis Investment Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $107,000. Icon Wealth Partners LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $119,000. Exane Derivatives increased its position in shares of Union Pacific by 55,600.0% during the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock worth $149,000 after purchasing an additional 1,112 shares in the last quarter. Certified Advisory Corp acquired a new stake in shares of Union Pacific during the fourth quarter worth about $175,000. Finally, Aevitas Wealth Management Inc. acquired a new stake in shares of Union Pacific during the fourth quarter worth about $185,000. Institutional investors own 79.90% of the company’s stock.
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About Union Pacific
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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