Back to top

Image: Bigstock

Is Union Pacific (UNP) Stock Outpacing Its Transportation Peers This Year?

Read MoreHide Full Article

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Has Union Pacific (UNP - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Union Pacific is a member of our Transportation group, which includes 153 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. UNP is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for UNP's full-year earnings has moved 1.18% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, UNP has moved about 10.81% on a year-to-date basis. At the same time, Transportation stocks have lost an average of 4.22%. This means that Union Pacific is performing better than its sector in terms of year-to-date returns.

Looking more specifically, UNP belongs to the Transportation - Rail industry, a group that includes 10 individual stocks and currently sits at #17 in the Zacks Industry Rank. On average, this group has gained an average of 12.21% so far this year, meaning that UNP is slightly underperforming its industry in terms of year-to-date returns.

UNP will likely be looking to continue its solid performance, so investors interested in Transportation stocks should continue to pay close attention to the company.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Union Pacific Corporation (UNP) - free report >>

Published in