Union Pacific (NYSE:UNP) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Union Pacific (NYSE:UNP) announced its quarterly earnings results on Thursday. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.76 by ($0.01), Briefing.com reports. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.51 EPS.

Union Pacific Trading Up 0.1 %

NYSE:UNP traded up $0.12 on Friday, reaching $230.87. 1,331,343 shares of the company’s stock were exchanged, compared to its average volume of 2,273,458. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $140.65 billion, a price-to-earnings ratio of 21.69, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05. The business has a fifty day moving average of $246.31 and a 200-day moving average of $238.55. Union Pacific has a 52-week low of $199.97 and a 52-week high of $258.66.

Insiders Place Their Bets

In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Raymond James boosted their price target on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Monday, October 14th. Barclays lowered their price target on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. Royal Bank of Canada boosted their price target on shares of Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a research report on Monday, September 30th. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Stifel Nicolaus reduced their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.