Union Pacific (NYSE:UNP) Releases Quarterly Earnings Results

Union Pacific (NYSE:UNP) announced its earnings results on Thursday. The railroad operator reported $2.75 earnings per share (EPS) 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 business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter last year, the firm earned $2.51 EPS. The firm’s quarterly revenue was up 2.5% on a year-over-year basis.

Union Pacific Price Performance

Shares of NYSE:UNP traded up $0.91 during trading on Friday, reaching $231.66. 1,891,811 shares of the company’s stock traded hands, compared to its average volume of 2,276,166. Union Pacific has a fifty-two week low of $199.97 and a fifty-two week high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The firm has a market cap of $141.13 billion, a PE ratio of 21.67, a P/E/G ratio of 2.23 and a beta of 1.05. The company has a 50-day simple moving average of $246.31 and a 200-day simple moving average of $238.55.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.28% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UNP. Bank of America dropped their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Wells Fargo & Company dropped their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday. TD Cowen decreased their price objective on Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a report on Friday, July 26th. Barclays decreased their price objective on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a report on Friday. Finally, JPMorgan Chase & Co. reduced their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $259.30.

Union Pacific Company Profile

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.