Zacks Research Forecasts Lower Earnings for Union Pacific

Union Pacific Co. (NYSE:UNP) – Zacks Research dropped their FY2024 EPS estimates for shares of Union Pacific in a report released on Thursday, November 14th. Zacks Research analyst R. Department now forecasts that the railroad operator will post earnings per share of $10.93 for the year, down from their previous forecast of $10.97. The consensus estimate for Union Pacific’s current full-year earnings is $10.94 per share. Zacks Research also issued estimates for Union Pacific’s Q4 2024 earnings at $2.75 EPS, Q4 2025 earnings at $3.07 EPS, Q1 2026 earnings at $2.97 EPS, Q2 2026 earnings at $3.05 EPS and FY2026 earnings at $11.63 EPS.

Several other brokerages also recently weighed in on UNP. Royal Bank of Canada lowered their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Barclays lifted their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Wells Fargo & Company cut their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Susquehanna lowered their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, BMO Capital Markets dropped their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Trading Down 0.5 %

NYSE:UNP opened at $234.41 on Monday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific has a 52-week low of $216.92 and a 52-week high of $258.66. The stock’s 50 day moving average price is $241.53 and its 200 day moving average price is $238.60. The company has a market capitalization of $142.11 billion, a PE ratio of 21.53, a P/E/G ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter last year, the business posted $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis.

Institutional Investors Weigh In On Union Pacific

Large investors have recently bought and sold shares of the business. TD Private Client Wealth LLC lifted its stake in shares of Union Pacific by 0.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 19,642 shares of the railroad operator’s stock valued at $4,841,000 after purchasing an additional 121 shares during the period. Sunbelt Securities Inc. increased its holdings in Union Pacific by 5.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 4,418 shares of the railroad operator’s stock worth $1,089,000 after purchasing an additional 225 shares in the last quarter. Coldstream Capital Management Inc. increased its holdings in Union Pacific by 28.6% during the 3rd quarter. Coldstream Capital Management Inc. now owns 14,771 shares of the railroad operator’s stock worth $3,635,000 after purchasing an additional 3,286 shares in the last quarter. Synergy Financial Group LTD bought a new position in Union Pacific during the 3rd quarter worth about $243,000. Finally, Geode Capital Management LLC increased its holdings in Union Pacific by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after purchasing an additional 182,620 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Company Profile

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.