Union Pacific (UNP) closed at $224.73 within the newest buying and selling session, marking a +0.37% transfer from the prior day. The inventory outpaced the S&P 500’s day by day acquire of 0.08%.
Previous to at present’s buying and selling, shares of the railroad had misplaced 0.26% over the previous month. This has lagged the Transportation sector’s acquire of three.28% and the S&P 500’s acquire of 0.41% in that point.
Traders might be hoping for energy from UNP because it approaches its subsequent earnings launch. On that day, UNP is projected to report earnings of $2.34 per share, which might symbolize year-over-year progress of 40.12%. In the meantime, the Zacks Consensus Estimate for income is projecting internet gross sales of $5.19 billion, up 22.2% from the year-ago interval.
Trying on the full yr, our Zacks Consensus Estimates counsel analysts predict earnings of $9.56 per share and income of $21.19 billion. These totals would mark adjustments of +16.73% and +8.49%, respectively, from final yr.
It’s also vital to notice the current adjustments to analyst estimates for UNP. These revisions assist to indicate the ever-changing nature of near-term enterprise developments. Because of this, we are able to interpret constructive estimate revisions as signal for the corporate’s enterprise outlook.
Our analysis exhibits that these estimate adjustments are immediately correlated with near-term inventory costs. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate adjustments under consideration and delivers a transparent, actionable score mannequin.
Starting from #1 (Robust Purchase) to #5 (Robust Promote), the Zacks Rank system has a confirmed, outside-audited monitor report of outperformance, with #1 shares returning a mean of +25% yearly since 1988. Over the previous month, the Zacks Consensus EPS estimate has moved 0.64% greater. UNP is at the moment a Zacks Rank #3 (Maintain).
Digging into valuation, UNP at the moment has a Ahead P/E ratio of 23.42. This valuation marks a no noticeable deviation in comparison with its trade’s common Ahead P/E of 23.42.
It’s also price noting that UNP at the moment has a PEG ratio of two.34. This metric is used equally to the well-known P/E ratio, however the PEG ratio additionally takes under consideration the inventory’s anticipated earnings progress price. UNP’s trade had a mean PEG ratio of two.34 as of yesterday’s shut.
The Transportation – Rail trade is a part of the Transportation sector. This group has a Zacks Trade Rank of 219, placing it within the backside 14% of all 250+ industries.
The Zacks Trade Rank gauges the energy of our particular person trade teams by measuring the typical Zacks Rank of the person shares inside the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
You could find extra data on all of those metrics, and rather more, on Zacks.com.
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Union Pacific Company (UNP): Free Inventory Evaluation Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.