Analysts Set Expectations for Union Pacific FY2024 Earnings

Union Pacific Co. (NYSE:UNP) – Research analysts at Zacks Research reduced their FY2024 earnings per share estimates for shares of Union Pacific in a report released on Thursday, November 14th. Zacks Research analyst R. Department now anticipates that the railroad operator will post earnings per share of $10.93 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.

A number of other research firms have also recently weighed in on UNP. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Sanford C. Bernstein reduced their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Raymond James increased their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Down 0.0 %

UNP stock opened at $235.57 on Monday. The stock has a market cap of $142.82 billion, a P/E ratio of 21.63, a PEG ratio of 2.33 and a beta of 1.06. Union Pacific has a twelve month low of $216.79 and a twelve month high of $258.66. The business’s 50-day moving average price is $241.86 and its 200-day moving average price is $238.62. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 quarter in the previous year, the business posted $2.51 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis.

Institutional Investors Weigh In On Union Pacific

A number of institutional investors have recently added to or reduced their stakes in the stock. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter worth $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific in the second quarter worth about $28,000. Financial Gravity Asset Management Inc. grew its stake in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after purchasing an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific during the third quarter valued at $30,000. Finally, Fairscale Capital LLC acquired a new position in shares of Union Pacific in the second quarter worth about $31,000. Institutional investors own 80.38% of the company’s stock.

About Union Pacific

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.