Union Pacific Corporation (UNP) – Analysts’ Recent Ratings Updates
Union Pacific Corporation (NYSE: UNP) has recently received a number of price target changes and ratings updates:
- 8/7/2017 – Union Pacific Corporation was downgraded by analysts at Wolfe Research from an “outperform” rating to a “market perform” rating.
- 8/3/2017 – Union Pacific Corporation was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
- 7/27/2017 – Union Pacific Corporation was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
- 7/24/2017 – Union Pacific Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The improvement in the coal scenario is very encouraging as headwinds pertaining to the commodity were largely responsible for Union Pacific underperforming industry to which it belongs, for the last one year. Overall volumes improved in the second quarter of 2017 driven by a 17% rise in coal volumes. Coal revenues also rose 25%, aiding the overall top line as the company reported better-than-expected earnings per share and revenues in the second quarter. Union Pacific expects the scenario regarding business volumes to improve further in the second half of the year. Additionally, its 2017 capital plan worth $3.1 billion is also encouraging. However, the company's high debt levels remain a major concern. The company’s outlook on its automotive unit is also concerning. Notably, sluggish auto production is likely to hurt results, going forward.”
- 7/24/2017 – Union Pacific Corporation had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $118.00 price target on the stock, up previously from $112.00.
- 7/21/2017 – Union Pacific Corporation was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $110.00 price target on the stock, down previously from $132.00.
- 7/13/2017 – Union Pacific Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $122.00 price target on the stock. According to Zacks, “The improvement in the coal scenario is very encouraging as headwinds pertaining to the commodity were largely responsible for the company underperforming the Zacks Transportation-Rail industry over the last one year. Coal volumes are expected to increase and aid results in the second quarter of 2017. The positive sentiment surrounding the stock is reflected by the 2.23% increase in the second quarter Zacks Consensus Estimate over the last month to $1.37 per share. Detailed results should be out on Jul 20. We are also impressed by the company's efforts to reward investors and control costs. The company's 2017 capital plan worth $3.1 billion is also encouraging. The plan complements its efforts to promote safety and enhance productivity. The below-par performance of the automotive unit in the first quarter, however, raises concerns.”
- 7/10/2017 – Union Pacific Corporation had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $120.00 price target on the stock.
- 7/10/2017 – Union Pacific Corporation had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $102.00 price target on the stock, up previously from $100.00.
Shares of Union Pacific Corporation (NYSE UNP) traded down 1.04% on Thursday, reaching $102.69. The company had a trading volume of 3,509,147 shares. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $115.15. The stock has a market capitalization of $82.19 billion, a P/E ratio of 18.62 and a beta of 0.81. The company’s 50 day moving average price is $106.28 and its 200-day moving average price is $107.80.
Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.39 by $0.06. The business had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The company’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.17 earnings per share. Equities analysts predict that Union Pacific Corporation will post $5.79 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be paid a dividend of $0.605 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.36%. Union Pacific Corporation’s payout ratio is currently 43.84%.
In related news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction on Friday, July 7th. The shares were sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the completion of the transaction, the executive vice president now owns 95,470 shares in the company, valued at $10,272,572. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.
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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