Union Pacific Corporation [NYSE:UNP] will report earnings after markets close on Thursday, January 21st.
UNP Earnings Forecast For The Current Quarter
Union Pacific Corporation [UNP] is expected to report strong earnings results for the quarter ending on Dec 2020. Consensus estimates give the company expected revenues of $5.09B and an earnings per share of $2.23 for Dec 2020. Looking further ahead, the company is expected to report revenue of $5.15B at an EPS of $2.2 for Mar 2021. The estimates represent downside of 8.30% and 18.26% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.
UNP Earnings Estimates For The Current Year
For the financial year, Union Pacific Corporation [NYSE:UNP] is expected to bring in revenue of $19.49B. The returns are nearly $-2.22 billion lower than the company’s actual revenue recorded in the fiscal year 2019. In terms of EPS for the 2020, estimate put it at 8.06, lower than that of FY19 by -$0.32. Estimates put this year’s earnings growth at -3.80%, 18.10% for the next, and at an annual 8.93% over the next 5-year period. As for sales, forecasts are for a decrease of -10.20% in the current fiscal year and a further 8.30% over the following year.
UNP Price Performance
On Wall Street, Union Pacific Corporation [NYSE:UNP] finished Tuesday’s session down -0.61% at $215.28. The stock went up to $218.82 at the same session while its lowest single day price was $215.13. In the last five days, it saw a fall of about -0.95%, Union Pacific Corporation shares gained by almost 3.39% since the beginning of the year. However, the share price has dropped to as low as -2.71% below its one year high. On 01/08/21, the company shares recorded $221.28, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/04/21, the same year at $201.38. The company’s shares have inclined by 16.17% in the past year. The 50-day SMA achieved is $205.30 while the 200-day SMA is $184.22. Volume gained to 2.84 million from 2.33 million in the previous session.
Union Pacific Corporation [UNP] Valuation Measures
Notably, Union Pacific Corporation [UNP] stock cannot be classified as a good candidate in the listing of underestimated low-priced Railroads companies to purchase soonest possible with the prevailing 12-month PE ratio of 27.43. The measure means the stock is exchanging at a premium as compared to the 19.69x trailing earnings of the industry. It can be helpful for investors to consider historical price-sales ratio, more specifically, a 7.39 PS value ratio is reported for the last one year of reported earnings. That is higher than the industry average of 0.95 which means UNP serve an unattractive investment opportunity compared to its competitors.
UNP Stock Support And Resistance Levels
On the 24-hour scale, the immediate backing is perceived around 215.28 level, and in case of violation of this particular level, it will cause more drop to 214.00 level. On the upper level, 221.38 is still the key resistance. The stock may increase to the subsequent resistance at 220.10. The Relative Strength Index (RSI) pinned on the 14-day chart is 60.88, implying a neutral technical stance while the MACD stands at 3.93, meaning price will increase in the next trading period. Percent R indicator moved to 30.14%, implying low price movement. Stochastic %K at 74.28% suggest holding the stock.
Is Union Pacific Corporation [NYSE:UNP] a Good Buy Right Now?
It should be noted that UNP technical indicators for short, intermediate as well as long term progress have placed an overall average of 100% as Buy. The average signal changed from 100% Buy in the last week and compares with 72% Buy in the past month. Data from Union Pacific Corporation’s Trend Spotter indicated that the signals were Weakest. The stock current average is 2.31 million shares in the past 20 days and the short term average signal indicates a 100% Buy. In the last 50 days, the average trading volume was 2.5 million shares while the medium term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 2.71 million shares.
What is the short interest in Union Pacific Corporation?
Short interest in the Union Pacific Corporation stock has plunged, decreasing by -0.56 million shares to total 5.45 million shares on Dec 30, 2020. The interest had seen shares on Nov 29, 2020 stand at 4.89 million, data from Yahoo Finance shows. The increase of 10.28% suggests the stock saw some increased bearish sentiment. The stock’s days to cover moved to short ratio while the shorted shares account for just 0.81% of the overall float for the stock.
Union Pacific Corporation’s Biggest Shareholders: Who Owns Union Pacific Corporation [UNP]?
Filings by The Vanguard Group, Inc. showed that the firm now holds a total of 53,676,030 shares or roughly 7.97% of the outstanding UNP shares. This means their shares have reduced by -741,648 from the 53,676,030 the investor reportedly held in its prior 13-F filing. With the conclusion of the sale, BlackRock Fund Advisors updated stake is worth $6,112,930,048. Details in the latest 13F filings reveal that SSgA Funds Management, Inc. disposed off their -1.99% stake valued at $5,934,044,706 while Wellington Management Co. LLP cut theirs at $4,628,524,254. During the last quarter, SSgA Funds Management, Inc. liquidated -577,316 of its shares in Union Pacific Corporation while Wellington Management Co. LLP sold -1,157,892 shares. The T. Rowe Price Associates, Inc.’s holdings currently number 13,219,031 shares at $2845792993.68. According to the firm’s last 13F report, Massachusetts Financial Services shares in the company at filing stood at 10,304,281 shares, roughly $2,145,557,390.
What are analyst thoughts on Union Pacific Corporation?
Looking forward to the Union Pacific Corporation share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for Union Pacific Corporation stock at $231.00 within the next 12 months, which represents almost 6.81 per cent growth from its previous closing price of $215.28. The highest analysts’ target for Union Pacific Corporation stock projections is $255.00 and the lowest one is $160.00. Still, 27 analysts sharing their consensus rating for UNP stock in 2021 agree that it is an Overweight.