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Union Pacific (UNP) Gains But Lags Market: What You Should Know
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Union Pacific (UNP - Free Report) closed at $160.82 in the latest trading session, marking a +0.41% move from the prior day. The stock lagged the S&P 500's daily gain of 1.56%. Elsewhere, the Dow gained 1.77%, while the tech-heavy Nasdaq added 2.2%.
Heading into today, shares of the railroad had gained 15.87% over the past month, outpacing the Transportation sector's gain of 9.85% and the S&P 500's gain of 6.41% in that time.
Investors will be hoping for strength from UNP as it approaches its next earnings release, which is expected to be April 25, 2019. The company is expected to report EPS of $2.01, up 19.64% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.75 billion, up 5.06% from the year-ago period.
UNP's full-year Zacks Consensus Estimates are calling for earnings of $9.08 per share and revenue of $23.80 billion. These results would represent year-over-year changes of +14.79% and +4.23%, respectively.
Any recent changes to analyst estimates for UNP should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.77% higher. UNP is currently sporting a Zacks Rank of #2 (Buy).
Looking at its valuation, UNP is holding a Forward P/E ratio of 17.64. This represents a premium compared to its industry's average Forward P/E of 16.07.
We can also see that UNP currently has a PEG ratio of 1.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Transportation - Rail was holding an average PEG ratio of 1.54 at yesterday's closing price.
The Transportation - Rail industry is part of the Transportation sector. This group has a Zacks Industry Rank of 92, putting it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow UNP in the coming trading sessions, be sure to utilize Zacks.com.
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Union Pacific (UNP) Gains But Lags Market: What You Should Know
Union Pacific (UNP - Free Report) closed at $160.82 in the latest trading session, marking a +0.41% move from the prior day. The stock lagged the S&P 500's daily gain of 1.56%. Elsewhere, the Dow gained 1.77%, while the tech-heavy Nasdaq added 2.2%.
Heading into today, shares of the railroad had gained 15.87% over the past month, outpacing the Transportation sector's gain of 9.85% and the S&P 500's gain of 6.41% in that time.
Investors will be hoping for strength from UNP as it approaches its next earnings release, which is expected to be April 25, 2019. The company is expected to report EPS of $2.01, up 19.64% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.75 billion, up 5.06% from the year-ago period.
UNP's full-year Zacks Consensus Estimates are calling for earnings of $9.08 per share and revenue of $23.80 billion. These results would represent year-over-year changes of +14.79% and +4.23%, respectively.
Any recent changes to analyst estimates for UNP should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.77% higher. UNP is currently sporting a Zacks Rank of #2 (Buy).
Looking at its valuation, UNP is holding a Forward P/E ratio of 17.64. This represents a premium compared to its industry's average Forward P/E of 16.07.
We can also see that UNP currently has a PEG ratio of 1.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Transportation - Rail was holding an average PEG ratio of 1.54 at yesterday's closing price.
The Transportation - Rail industry is part of the Transportation sector. This group has a Zacks Industry Rank of 92, putting it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow UNP in the coming trading sessions, be sure to utilize Zacks.com.