In the most recent buying and selling session, Union Pacific (UNP) closed at $221.27, marking a +1.28% transfer from the day gone by. This modification outpaced the S&P 500’s 0.33% achieve on the day.
Heading into as we speak, shares of the railroad had misplaced 2.43% over the previous month, outpacing the Transportation sector’s lack of 5.95% and lagging the S&P 500’s achieve of 1.74% in that point.
Wall Road will likely be searching for positivity from UNP because it approaches its subsequent earnings report date. That is anticipated to be July 22, 2021. In that report, analysts anticipate UNP to put up earnings of $2.35 per share. This is able to mark year-over-year development of 40.72%. In the meantime, our newest consensus estimate is asking for income of $5.21 billion, up 22.67% from the prior-year quarter.
Trying on the full 12 months, our Zacks Consensus Estimates recommend analysts predict earnings of $9.57 per share and income of $21.18 billion. These totals would mark modifications of +16.85% and +8.43%, respectively, from final 12 months.
Buyers also needs to word any latest modifications to analyst estimates for UNP. Current revisions are likely to replicate the most recent near-term enterprise tendencies. With this in thoughts, we are able to take into account optimistic estimate revisions an indication of optimism in regards to the firm’s enterprise outlook.
Primarily based on our analysis, we imagine these estimate revisions are straight associated to near-team inventory strikes. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate modifications under consideration and delivers a transparent, actionable score mannequin.
The Zacks Rank system ranges from #1 (Robust Purchase) to #5 (Robust Promote). It has a outstanding, outside-audited monitor report of success, with #1 shares delivering a median annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.11% greater inside the previous month. UNP is at the moment sporting a Zacks Rank of #3 (Maintain).
Valuation can also be vital, so traders ought to word that UNP has a Ahead P/E ratio of 22.83 proper now. For comparability, its trade has a median Ahead P/E of 22.92, which suggests UNP is buying and selling at a reduction to the group.
We are able to additionally see that UNP at the moment has a PEG ratio of two.28. This common metric is just like the widely-known P/E ratio, with the distinction being that the PEG ratio additionally takes under consideration the corporate’s anticipated earnings development price. The Transportation – Rail trade at the moment had a median PEG ratio of two.28 as of yesterday’s shut.
The Transportation – Rail trade is a part of the Transportation sector. This group has a Zacks Trade Rank of 132, placing it within the backside 49% 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 reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
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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.