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Union Pacific (UNP) Outpaces Stock Market Gains: What You Should Know
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Union Pacific (UNP - Free Report) closed at $211.36 in the latest trading session, marking a +1.62% move from the prior day. This move outpaced the S&P 500's daily gain of 0.76%. Elsewhere, the Dow gained 1.05%, while the tech-heavy Nasdaq lost 0.98%.
Coming into today, shares of the railroad had gained 0.03% in the past month. In that same time, the Transportation sector gained 0.07%, while the S&P 500 lost 3.91%.
Wall Street will be looking for positivity from Union Pacific as it approaches its next earnings report date. In that report, analysts expect Union Pacific to post earnings of $2.62 per share. This would mark year-over-year growth of 1.95%. Meanwhile, our latest consensus estimate is calling for revenue of $6.13 billion, up 4.61% from the prior-year quarter.
UNP's full-year Zacks Consensus Estimates are calling for earnings of $11.46 per share and revenue of $25.02 billion. These results would represent year-over-year changes of +1.15% and +0.59%, respectively.
Investors might also notice recent changes to analyst estimates for Union Pacific. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.24% lower. Union Pacific is currently a Zacks Rank #3 (Hold).
In terms of valuation, Union Pacific is currently trading at a Forward P/E ratio of 18.15. This represents a no noticeable deviation compared to its industry's average Forward P/E of 18.15.
We can also see that UNP currently has a PEG ratio of 1.82. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Transportation - Rail was holding an average PEG ratio of 2.25 at yesterday's closing price.
The Transportation - Rail industry is part of the Transportation sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow UNP in the coming trading sessions, be sure to utilize Zacks.com.
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Union Pacific (UNP) Outpaces Stock Market Gains: What You Should Know
Union Pacific (UNP - Free Report) closed at $211.36 in the latest trading session, marking a +1.62% move from the prior day. This move outpaced the S&P 500's daily gain of 0.76%. Elsewhere, the Dow gained 1.05%, while the tech-heavy Nasdaq lost 0.98%.
Coming into today, shares of the railroad had gained 0.03% in the past month. In that same time, the Transportation sector gained 0.07%, while the S&P 500 lost 3.91%.
Wall Street will be looking for positivity from Union Pacific as it approaches its next earnings report date. In that report, analysts expect Union Pacific to post earnings of $2.62 per share. This would mark year-over-year growth of 1.95%. Meanwhile, our latest consensus estimate is calling for revenue of $6.13 billion, up 4.61% from the prior-year quarter.
UNP's full-year Zacks Consensus Estimates are calling for earnings of $11.46 per share and revenue of $25.02 billion. These results would represent year-over-year changes of +1.15% and +0.59%, respectively.
Investors might also notice recent changes to analyst estimates for Union Pacific. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.24% lower. Union Pacific is currently a Zacks Rank #3 (Hold).
In terms of valuation, Union Pacific is currently trading at a Forward P/E ratio of 18.15. This represents a no noticeable deviation compared to its industry's average Forward P/E of 18.15.
We can also see that UNP currently has a PEG ratio of 1.82. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Transportation - Rail was holding an average PEG ratio of 2.25 at yesterday's closing price.
The Transportation - Rail industry is part of the Transportation sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow UNP in the coming trading sessions, be sure to utilize Zacks.com.