Seaport Global Securities Comments on Union Pacific Co.’s Q1 2018 Earnings (UNP)

Union Pacific Co. (NYSE:UNP) – Research analysts at Seaport Global Securities issued their Q1 2018 earnings per share (EPS) estimates for Union Pacific in a report issued on Friday. Seaport Global Securities analyst M. Levin forecasts that the railroad operator will post earnings of $1.70 per share for the quarter. Seaport Global Securities has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for Union Pacific’s Q2 2018 earnings at $1.90 EPS, Q3 2018 earnings at $2.00 EPS, Q4 2018 earnings at $2.05 EPS and FY2020 earnings at $9.70 EPS.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). The business had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.44 billion. Union Pacific had a return on equity of 132.67% and a net margin of 133.54%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 EPS.

A number of other research analysts have also recently commented on the stock. UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Zacks Investment Research cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Royal Bank of Canada restated a “hold” rating and set a $124.00 price target on shares of Union Pacific in a research note on Thursday, November 9th. BMO Capital Markets restated a “buy” rating and set a $150.00 price target on shares of Union Pacific in a research note on Monday, January 8th. Finally, Goldman Sachs Group started coverage on shares of Union Pacific in a research note on Monday, November 13th. They set a “sell” rating and a $103.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have given a buy rating to the company’s stock. Union Pacific presently has an average rating of “Hold” and an average price target of $129.15.

Union Pacific (NYSE:UNP) opened at $134.23 on Monday. The company has a market cap of $105,660.00, a PE ratio of 9.94, a price-to-earnings-growth ratio of 1.77 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 1.03. Union Pacific has a one year low of $101.06 and a one year high of $143.05.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Union Pacific by 1.9% in the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after acquiring an additional 1,146,109 shares during the last quarter. BlackRock Inc. raised its position in Union Pacific by 0.3% in the 2nd quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock worth $5,528,796,000 after purchasing an additional 141,521 shares during the last quarter. FMR LLC raised its position in Union Pacific by 84.6% in the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after purchasing an additional 4,399,980 shares during the last quarter. TIAA CREF Investment Management LLC raised its position in Union Pacific by 0.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock worth $865,659,000 after purchasing an additional 46,298 shares during the last quarter. Finally, Capital World Investors raised its position in Union Pacific by 0.7% in the 2nd quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock worth $798,093,000 after purchasing an additional 50,000 shares during the last quarter. Institutional investors own 78.56% of the company’s stock.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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