Yahoo Finance Union Pacific (UNP) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Union Pacific (UNP) closed at $215.93, marking a -0.69% move from the previous day. This change lagged the S&P 500's 0.09% loss on the day. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, added 0.22%.
Heading into today, shares of the railroad had gained 12.93% over the past month, outpacing the Transportation sector's gain of 10.41% and the S&P 500's gain of 5.55% in that time.
Investors will be hoping for strength from Union Pacific as it approaches its next earnings release. The company is expected to report EPS of $2.83, up 6.39% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.37 billion, up 11.05% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $11.52 per share and revenue of $25.06 billion. These totals would mark changes of +15.78% and +14.94%, respectively, from last year.
Any recent changes to analyst estimates for Union Pacific should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Union Pacific is currently a Zacks Rank #3 (Hold).
Digging into valuation, Union Pacific currently has a Forward P/E ratio of 18.87. This valuation marks a premium compared to its industry's average Forward P/E of 18.64.
Also, we should mention that UNP has a PEG ratio of 1.89. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. UNP's industry had an average PEG ratio of 2.08 as of yesterday's close.
The Transportation - Rail industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 93, which puts it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
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Union Pacific Corporation (UNP) : Free Stock Analysis Report
