Union Pacific Corporation (NYSE:UNP) has been upgraded by Seaport Global Securities, which now rates the stock as Buy versus Neutral prior rating , according to a note issued on January 08. Analysts at RBC Capital Mkts, shed their negative views on January 08 by lifting it fromSector Perform to Outperform. The stock won favor of Cowen analysts who expressed their confidence in it using an upgrade from Market Perform to Outperform on January 08. Atlantic Equities, released new analyst coverage on January 08, calling the stock is Neutral.
Union Pacific Corporation (UNP) hit an intraday high Tuesday at $168.05. The shares finished at $167.05, after trading as low as $164.88 earlier in the session. It rose 1.64% in recent trade and currently has a stock-market value of $122.97B. Trading activity significantly weakened as the volume at ready counter decreased to 3,776,995 shares versus 4,673,100 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 4,864,714 shares. The stock is now 33.31% above against its bear-market low of $125.31 on March 02, 2018. It has retreated -0.6% since it’s 52-week high of $168.05 reached in February. Now the market price is up 31.25% on the year and up 20.85% YTD.
UNP’s 50 day simple moving average (SMA 50) price is $150.01 and its 200-day simple moving average (SMA 200) price is $148.43. The company’s stock currently has a total float of 734.29M shares. Its weekly volatility is hovering around 1.4% and felt 1.69% volatility in price over a month. On the upside, the share price will test short term resistance at around $168.44. On a downside, the stock is likely to find some support, which begins at $165.27. The failure to get near-term support could push it to $163.49.
Separately, it has been reported that multiple insider activity took place at Union Pacific Corporation (UNP). EVP & CHIEF FINANCIAL OFFICER Knight Robert M Jr sold 20,000 shares for $395,277 in transaction occurred on 2018/09/24. After making this transaction, the EVP & CHIEF FINANCIAL OFFICER owns a direct stake of 3,276,200 shares, worth $66,031,023, as per the last closing price. On 2018/08/28 Tennison Lynden L, EVP & CHIEF STRATEGY OFFICER at UNP, dumped 8,450 shares at an average price of $151.72 per share. The selling total is valued at $14,285,949.
EVP & CHIEF MARKETING OFFICER, Whited Elizabeth F had divested 15,576 shares for $59,060 through a trade on 2018/04/03. Following this activity, the insider holds 2,083,913 shares worth $9,865,973 as of recent close. Wall Street’s most bullish Union Pacific Corporation (NYSE:UNP) analysts are predicting the share price to blow past $193 per share during the next 12 months. The current median share price forecast by them is $177.5, suggesting that the stock could increase 6.26% in that time frame. The average price target of $175.42 calls for a nearly 5.01% increase in the stock price.
When looking at valuations, Union Pacific Corporation (UNP) has a cheap P/E of 21.07x as compared to industry average of 42.96x. Moreover, it trades for 16.26 times the next 12 months of expected earnings. Also, it is trading at rather expensive levels at just over 5.97x price/book and 5.39x price/sales. Compared to others, Union Pacific Corporation is in a different league with regards to profitability, having net margins of 49.5%. To put some perspective around this, the industry’s average net margin is 6.55%. UNP’s ROE is 50.3%, which is also considerably better than the industry’s ROE of 9.05%. It’s also very liquid in the near term, with a current ratio of 1.1. The stock has a debt/capital of 1.09.
Shares of Union Pacific Corporation (UNP) have gained 6.5% since the company’s last earnings report. Over the past 12 fiscal quarters, Union Pacific Corporation (NYSE:UNP) has topped consensus earnings estimates in 9 quarters (75%), missed earnings in 2 quarters (16%), whereas at 1 occasion EPS met analyst expectations. UNP last reported earnings on January 24, 2019 when it released Dec-18 results that exceeded expectations. The company raked in $2.12 per share, -21.48% change on the same period last year. That was better than consensus for $2.06. Revenue for the recent quarter stood at $5.76 billion, up 6% on last year and above the $5.74 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $5.58 billion to $5.86 billion, which should be compared with $5.57 billion generated last year. EPS is seen in a range of $1.92 to $2.15, against the $1.88 reported a year ago.