Union Pacific Rating Reiterated by TheStreet (UNP)
Union Pacific (NYSE: UNP)‘s stock had its “buy” rating reiterated by investment analysts at TheStreet in a note issued to investors on Monday.
The analysts wrote, “Union Pacific (UNP) has been reiterated by TheStreet Ratings as a buy with a ratings score of A+ . The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.”
Union Pacific traded up 0.30% on Monday, hitting $139.11. Union Pacific has a 1-year low of $104.08 and a 1-year high of $140.84. The stock’s 50-day moving average is currently $134.8. The company has a market cap of $65.284 billion and a price-to-earnings ratio of 16.77.
Union Pacific last issued its quarterly earnings data on Thursday, January 24th. The company reported $2.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.17 by $0.02. The company had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.34 billion. During the same quarter in the prior year, the company posted $1.99 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. Analysts expect that Union Pacific will post $9.41 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated an “underweight” rating on shares of Union Pacific in a research note to investors on Friday. They now have a $15.00 price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Union Pacific in a research note to investors on Thursday. They now have a $134.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Union Pacific in a research note to investors on Friday, February 15th. They now have a $143.00 price target on the stock.
Eighteen equities research analysts have rated the stock with a buy rating, two have issued an overweight rating, and ten have given a hold rating to the company’s stock. The company has an average rating of “overweight” and a consensus target price of $148.67.
The company also recently announced a quarterly dividend, which is scheduled for Monday, April 1st. Shareholders of record on Thursday, February 28th will be paid a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Tuesday, February 26th.
Union Pacific Corporation (UPC) owns transportation companies. Its principal operating company, Union Pacific Railroad Company, links 23 states in the western 66% of the country.
To view TheStreet’s full report, visit www.thestreetratings.com
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