Zacks Research Lowers Earnings Estimates for Union Pacific

Union Pacific Co. (NYSE:UNP - Free Report) - Analysts at Zacks Research reduced their FY2024 EPS estimates for shares of Union Pacific in a research note issued to investors on Thursday, November 14th. Zacks Research analyst R. Department now expects that the railroad operator will post earnings of $10.93 per share for the year, down from their prior 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.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the firm earned $2.51 earnings per share. The business's quarterly revenue was up 2.5% on a year-over-year basis.

A number of other research analysts have also commented on UNP. Daiwa America lowered shares of Union Pacific from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, September 4th. Evercore ISI lowered Union Pacific from an "outperform" rating to an "inline" rating and decreased their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the company a "strong-buy" rating in a research note on Monday, October 14th. Robert W. Baird decreased their price target on shares of Union Pacific from $270.00 to $260.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Finally, Barclays increased their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an "overweight" rating in a research note on Wednesday, November 13th. Nine equities 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 MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $259.80.

Union Pacific Stock Performance

UNP stock traded down $1.16 on Monday, reaching $234.41. 1,399,036 shares of the company were exchanged, compared to its average volume of 2,310,848. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific has a 12 month low of $216.92 and a 12 month high of $258.66. The stock's fifty day moving average price is $241.86 and its 200 day moving average price is $238.62. The firm has a market capitalization of $142.11 billion, a PE ratio of 21.58, a PEG ratio of 2.33 and a beta of 1.06.

Hedge Funds Weigh In On Union Pacific

Institutional investors have recently modified their holdings of the stock. State Street Corp increased its position in Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock worth $6,109,829,000 after purchasing an additional 217,780 shares during the period. Geode Capital Management LLC grew its position in shares of 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 buying an additional 182,620 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator's stock worth $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Capital Research Global Investors lifted its holdings in Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator's stock valued at $1,812,689,000 after buying an additional 518,985 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator's stock valued at $1,549,271,000 after acquiring an additional 143,896 shares during the last quarter. 80.38% of the stock is 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.