Zacks: Analysts Anticipate Union Pacific Co. (UNP) Will Announce Quarterly Sales of $5.38 Billion

Equities research analysts expect Union Pacific Co. (NYSE:UNP) to post $5.38 billion in sales for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Union Pacific’s earnings, with the highest sales estimate coming in at $5.48 billion and the lowest estimate coming in at $5.33 billion. Union Pacific reported sales of $5.13 billion during the same quarter last year, which indicates a positive year over year growth rate of 4.9%. The company is scheduled to report its next earnings results before the market opens on Thursday, April 26th.

On average, analysts expect that Union Pacific will report full-year sales of $5.38 billion for the current year, with estimates ranging from $21.88 billion to $22.64 billion. For the next financial year, analysts forecast that the business will report sales of $23.15 billion per share, with estimates ranging from $22.55 billion to $23.75 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Union Pacific.

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Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The firm had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the prior year, the company posted $1.39 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year.

A number of research analysts have weighed in on the company. UBS raised Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 14th. Deutsche Bank upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $158.00 price target for the company in a research report on Monday. Bank of America upped their price target on Union Pacific from $150.00 to $159.00 and gave the stock a “buy” rating in a research report on Thursday, March 15th. Finally, Robert W. Baird restated a “hold” rating on shares of Union Pacific in a research report on Friday, January 26th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $136.10.

In related news, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the completion of the sale, the chief financial officer now owns 106,518 shares in the company, valued at $14,634,508.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.20% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Union Pacific by 1.9% during the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after buying an additional 1,146,109 shares during the last quarter. BlackRock Inc. boosted its stake in Union Pacific by 2.8% during the fourth quarter. BlackRock Inc. now owns 52,135,522 shares of the railroad operator’s stock valued at $6,991,373,000 after buying an additional 1,434,475 shares during the last quarter. FMR LLC boosted its stake in Union Pacific by 84.6% during the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after buying an additional 4,399,980 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in Union Pacific by 19.5% during the fourth quarter. TIAA CREF Investment Management LLC now owns 8,608,925 shares of the railroad operator’s stock valued at $1,154,457,000 after buying an additional 1,403,429 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Union Pacific by 1.1% during the fourth quarter. Bank of New York Mellon Corp now owns 8,468,882 shares of the railroad operator’s stock valued at $1,135,678,000 after buying an additional 88,371 shares during the last quarter. Hedge funds and other institutional investors own 79.94% of the company’s stock.

UNP stock traded down $1.33 during trading on Wednesday, reaching $133.10. The stock had a trading volume of 5,206,363 shares, compared to its average volume of 5,294,737. Union Pacific has a 52 week low of $101.06 and a 52 week high of $143.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.02. The company has a market cap of $104,761.96, a price-to-earnings ratio of 22.99, a P/E/G ratio of 1.66 and a beta of 0.79.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were given a dividend of $0.73 per share. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $2.92 annualized dividend and a dividend yield of 2.19%. This is a boost from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio (DPR) is currently 50.43%.

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Union Pacific Company Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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