Equities research analysts predict that Union Pacific Co. (NYSE:UNP) will announce sales of $5.53 billion for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Union Pacific’s earnings. The lowest sales estimate is $5.44 billion and the highest is $5.62 billion. Union Pacific reported sales of $5.25 billion in the same quarter last year, which would suggest a positive year over year growth rate of 5.3%. The firm is expected to report its next earnings results on Thursday, July 19th.
On average, analysts expect that Union Pacific will report full year sales of $22.42 billion for the current fiscal year, with estimates ranging from $22.06 billion to $22.59 billion. For the next year, analysts anticipate that the company will report sales of $23.30 billion per share, with estimates ranging from $22.66 billion to $23.60 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Union Pacific.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 26th. The railroad operator reported $1.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.66 by $0.02. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. The business had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.39 billion. During the same period in the previous year, the company earned $1.32 earnings per share. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year.
A number of analysts have recently issued reports on UNP shares. UBS dropped their target price on Union Pacific from $164.00 to $162.00 and set a “buy” rating on the stock in a research report on Friday, January 26th. Deutsche Bank raised Union Pacific from a “hold” rating to a “buy” rating and set a $158.00 target price on the stock in a research report on Monday, April 2nd. Zacks Investment Research lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Argus lifted their target price on Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Finally, Morgan Stanley lifted their target price on Union Pacific from $105.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Friday, January 26th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $138.95.
Shares of Union Pacific traded up $2.12, reaching $145.92, during midday trading on Friday, according to Marketbeat.com. 71,719 shares of the company’s stock were exchanged, compared to its average volume of 4,763,648. Union Pacific has a 52-week low of $101.06 and a 52-week high of $144.45. The firm has a market cap of $110.76 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 1.78 and a beta of 0.79. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.65 and a current ratio of 0.82.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Thursday, May 31st will be paid a $0.73 dividend. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $2.92 dividend on an annualized basis and a yield of 2.00%. Union Pacific’s payout ratio is currently 50.43%.
In other Union Pacific news, CFO Robert M. Knight, Jr. sold 25,000 shares of Union Pacific stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now directly owns 106,518 shares in the company, valued at $14,634,508.02. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Elizabeth F. Whited sold 15,576 shares of Union Pacific stock in a transaction that occurred 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 transaction, the executive vice president now owns 65,613 shares of the company’s stock, valued at $8,778,363.27. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.
A number of hedge funds have recently modified their holdings of UNP. Dempze Nancy E boosted its position in shares of Union Pacific by 46.6% during the fourth quarter. Dempze Nancy E now owns 3,460 shares of the railroad operator’s stock worth $465,000 after buying an additional 1,100 shares during the period. Reilly Herbert Faulkner III boosted its position in shares of Union Pacific by 1.7% during the fourth quarter. Reilly Herbert Faulkner III now owns 41,269 shares of the railroad operator’s stock worth $5,534,000 after buying an additional 699 shares during the period. FTB Advisors Inc. boosted its position in shares of Union Pacific by 2.1% during the fourth quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock worth $9,438,000 after buying an additional 1,462 shares during the period. Financial Life Advisors acquired a new position in shares of Union Pacific during the fourth quarter worth approximately $220,000. Finally, Polaris Greystone Financial Group LLC boosted its position in shares of Union Pacific by 3.0% during the fourth quarter. Polaris Greystone Financial Group LLC now owns 177,964 shares of the railroad operator’s stock worth $23,865,000 after buying an additional 5,176 shares during the period. Institutional investors own 79.01% of the company’s stock.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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