Union Pacific Co. (UNP) Expected to Post Quarterly Sales of $5.75 Billion
Equities research analysts expect that Union Pacific Co. (NYSE:UNP) will report sales of $5.75 billion for the current fiscal quarter, according to Zacks. Six analysts have made estimates for Union Pacific’s earnings, with the lowest sales estimate coming in at $5.66 billion and the highest estimate coming in at $5.81 billion. Union Pacific reported sales of $5.48 billion in the same quarter last year, which would suggest a positive year over year growth rate of 4.9%. The company is expected to report its next quarterly earnings report on Thursday, April 25th.
On average, analysts expect that Union Pacific will report full-year sales of $23.80 billion for the current fiscal year, with estimates ranging from $23.47 billion to $24.10 billion. For the next year, analysts expect that the business will post sales of $24.84 billion, with estimates ranging from $24.01 billion to $25.29 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Union Pacific.
Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 24th. The railroad operator reported $2.12 EPS for the quarter, topping the consensus estimate of $2.06 by $0.06. Union Pacific had a net margin of 26.13% and a return on equity of 27.95%. The business had revenue of $5.76 billion for the quarter, compared to analyst estimates of $5.73 billion. During the same period in the previous year, the firm earned $1.53 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year.
Shares of Union Pacific stock traded down $0.34 on Friday, hitting $170.99. The company’s stock had a trading volume of 2,664,000 shares, compared to its average volume of 4,674,868. Union Pacific has a 52-week low of $125.31 and a 52-week high of $172.44. The company has a quick ratio of 0.74, a current ratio of 0.90 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $123.06 billion, a PE ratio of 21.62, a P/E/G ratio of 1.76 and a beta of 1.10.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Thursday, February 28th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 2.06%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.80. The ex-dividend date is Wednesday, February 27th. Union Pacific’s dividend payout ratio is 40.46%.
Union Pacific declared that its board has initiated a share buyback plan on Thursday, February 7th that permits the company to repurchase 150,000,000 outstanding shares. This repurchase authorization permits the railroad operator to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.
A number of large investors have recently added to or reduced their stakes in UNP. Private Ocean LLC purchased a new position in shares of Union Pacific during the 4th quarter worth about $25,000. Gradient Investments LLC lifted its holdings in shares of Union Pacific by 117.1% during the 4th quarter. Gradient Investments LLC now owns 241 shares of the railroad operator’s stock worth $33,000 after acquiring an additional 130 shares during the period. Tributary Capital Management LLC purchased a new position in shares of Union Pacific during the 4th quarter worth about $42,000. Clarfeld Financial Advisors LLC purchased a new position in shares of Union Pacific during the 4th quarter worth about $42,000. Finally, Essex Investment Management Co. LLC purchased a new position in shares of Union Pacific during the 4th quarter worth about $47,000. Institutional investors own 80.67% of the company’s stock.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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