Union Pacific Corp. EPS Estimates Cut by Credit Suisse (UNP)
Investment analysts at Credit Suisse lowered their earnings per share estimates on shares of Union Pacific Corp. (NYSE:UNP) in a note issued to investors on Friday, Stock Ratings Network.com reports. The firm currently has an “outperform” rating and a $182.00 price target on the company’s shares. Credit Suisse’s price target suggests a potential upside of 17.13% from the stock’s previous close.
Shares of Union Pacific Corp. (NYSE:UNP) traded down 0.88% during mid-day trading on Friday, hitting $154.01. 2,510,404 shares of the company’s stock traded hands. Union Pacific Corp. has a one year low of $116.06 and a one year high of $165.18. The stock has a 50-day moving average of $156.5 and a 200-day moving average of $153.4. The company has a market cap of $71.437 billion and a price-to-earnings ratio of 17.69.
Union Pacific Corp. (NYSE:UNP) last announced its earnings results on Thursday, July 18th. The company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.35 by $0.02. The company had revenue of $5.50 billion for the quarter, compared to the consensus estimate of $5.51 billion. During the same quarter in the previous year, the company posted $2.10 earnings per share. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, analysts predict that Union Pacific Corp. will post $9.52 earnings per share for the current fiscal year.
UNP has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein raised their price target on shares of Union Pacific Corp. (NYSE:UNP) from $158.00 to $167.00 in a research note to investors on Wednesday. They now have a “market perform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Union Pacific Corp. (NYSE:UNP) in a research note to investors on Friday, August 30th. They now have a $162.00 price target on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Union Pacific Corp. (NYSE:UNP) from $165.00 to $180.00 in a research note to investors on Monday, July 29th. They now have an “outperform” rating on the stock. Thirteen investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $143.40.
Union Pacific Corporation (NYSE:UNP) owns transportation companies.
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