Union Pacific (NYSE:UNP) Issues Earnings Results

Union Pacific (NYSE:UNP) posted its quarterly earnings data on Thursday. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.76 by ($0.01), Briefing.com reports. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the previous year, the business posted $2.51 EPS. The company’s revenue was up 2.5% compared to the same quarter last year.

Union Pacific Stock Up 0.1 %

Shares of UNP stock traded up $0.23 on Friday, hitting $230.98. 1,839,446 shares of the stock were exchanged, compared to its average volume of 2,275,913. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $140.71 billion, a P/E ratio of 21.67, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05. Union Pacific has a fifty-two week low of $199.97 and a fifty-two week high of $258.66. The business has a 50-day moving average of $246.31 and a 200 day moving average of $238.55.

Analyst Ratings Changes

UNP has been the subject of several research analyst reports. TD Cowen dropped their price objective on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a research report on Friday, July 26th. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research note on Friday. JPMorgan Chase & Co. decreased their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday. Citigroup started coverage on Union Pacific in a report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price objective for the company. Finally, Sanford C. Bernstein reduced their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $259.30.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.28% of the stock is owned by insiders.

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, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.