Union Pacific (UNP) closed at $224.72 within the newest buying and selling session, marking a +0.52% transfer from the prior day. The inventory lagged the S&P 500’s every day acquire of 0.75%.
Coming into immediately, shares of the railroad had misplaced 0.62% prior to now month. In that very same time, the Transportation sector misplaced 4.85%, whereas the S&P 500 gained 2.91%.
Traders might be hoping for power from UNP because it approaches its subsequent earnings launch, which is anticipated to be July 22, 2021. In that report, analysts count on UNP to submit earnings of $2.38 per share. This is able to mark year-over-year development of 42.51%. Our most up-to-date consensus estimate is asking for quarterly income of $5.21 billion, up 22.67% from the year-ago interval.
Trying on the full yr, our Zacks Consensus Estimates counsel analysts expect earnings of $9.60 per share and income of $21.18 billion. These totals would mark adjustments of +17.22% and +8.43%, respectively, from final yr.
Traders may also discover current adjustments to analyst estimates for UNP. These current revisions are likely to mirror the evolving nature of short-term enterprise traits. With this in thoughts, we will think about optimistic estimate revisions an indication of optimism in regards to the firm’s enterprise outlook.
Analysis signifies that these estimate revisions are straight correlated with near-term share value momentum. To profit from this, now we have developed the Zacks Rank, a proprietary mannequin which takes these estimate adjustments into consideration and gives an actionable ranking system.
The Zacks Rank system, which ranges from #1 (Robust Purchase) to #5 (Robust Promote), has a formidable outside-audited monitor file of outperformance, with #1 shares producing a mean annual return of +25% since 1988. Inside the previous 30 days, our consensus EPS projection has moved 0.38% greater. UNP is at the moment sporting a Zacks Rank of #3 (Maintain).
By way of valuation, UNP is at the moment buying and selling at a Ahead P/E ratio of 23.3. This valuation marks a premium in comparison with its trade’s common Ahead P/E of 23.18.
Traders also needs to observe that UNP has a PEG ratio of two.33 proper now. This standard metric is just like the widely-known P/E ratio, with the distinction being that the PEG ratio additionally takes into consideration the corporate’s anticipated earnings development fee. The Transportation – Rail trade at the moment had a mean PEG ratio of two.33 as of yesterday’s shut.
The Transportation – Rail trade is a part of the Transportation sector. This trade at the moment has a Zacks Trade Rank of 126, which places it within the high 50% of all 250+ industries.
The Zacks Trade Rank gauges the power of our particular person trade teams by measuring the typical Zacks Rank of the person shares throughout the teams. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
You’ll want to comply with all of those stock-moving metrics, and plenty of extra, 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 mirror these of Nasdaq, Inc.