Equities analysts predict that Union Pacific Co. (NYSE:UNP) will announce $5.82 billion in sales for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Union Pacific’s earnings. The highest sales estimate is $5.92 billion and the lowest is $5.68 billion. Union Pacific reported sales of $5.93 billion during the same quarter last year, which would indicate a negative year over year growth rate of 1.9%. The company is expected to issue its next earnings results on Thursday, October 24th.
According to Zacks, analysts expect that Union Pacific will report full-year sales of $22.56 billion for the current financial year, with estimates ranging from $22.32 billion to $22.78 billion. For the next financial year, analysts expect that the firm will report sales of $23.52 billion, with estimates ranging from $22.85 billion to $23.94 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Union Pacific.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 18th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.12 by $0.10. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The business had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.62 billion. During the same quarter last year, the firm earned $1.98 EPS. Union Pacific’s revenue for the quarter was down 1.3% compared to the same quarter last year.
Union Pacific stock traded up $3.74 during midday trading on Friday, reaching $171.45. The stock had a trading volume of 3,159,977 shares, compared to its average volume of 3,558,711. The firm’s fifty day simple moving average is $167.08 and its 200-day simple moving average is $169.40. Union Pacific has a 1-year low of $128.08 and a 1-year high of $180.54. The stock has a market capitalization of $118.06 billion, a P/E ratio of 21.68, a price-to-earnings-growth ratio of 1.87 and a beta of 1.06. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.58 and a current ratio of 0.72.
The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be given a dividend of $0.97 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $0.88. The ex-dividend date is Thursday, August 29th. This represents a $3.88 annualized dividend and a dividend yield of 2.26%. Union Pacific’s payout ratio is 49.05%.
In other news, EVP Robert M. Knight, Jr. sold 8,620 shares of Union Pacific stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $180.04, for a total transaction of $1,551,944.80. Following the completion of the transaction, the executive vice president now directly owns 94,943 shares in the company, valued at approximately $17,093,537.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.96% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV bought a new position in shares of Union Pacific during the 1st quarter worth approximately $4,894,000. Janney Montgomery Scott LLC boosted its stake in Union Pacific by 13.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 135,942 shares of the railroad operator’s stock valued at $22,989,000 after purchasing an additional 16,477 shares during the period. Pendal Group Ltd boosted its stake in Union Pacific by 8.9% in the 1st quarter. Pendal Group Ltd now owns 47,161 shares of the railroad operator’s stock valued at $7,885,000 after purchasing an additional 3,868 shares during the period. Cerebellum GP LLC boosted its stake in Union Pacific by 6.0% in the 1st quarter. Cerebellum GP LLC now owns 2,051 shares of the railroad operator’s stock valued at $343,000 after purchasing an additional 116 shares during the period. Finally, Edgestream Partners L.P. boosted its stake in Union Pacific by 666.8% in the 2nd quarter. Edgestream Partners L.P. now owns 88,678 shares of the railroad operator’s stock valued at $14,996,000 after purchasing an additional 77,113 shares during the period. Institutional investors own 78.35% of the company’s stock.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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