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Thursday, October 1, 2020

The Rejuvenation of Union Pacific Corporation (NYSE:UNP)

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The Union Pacific Corporation (UNP) shares are trading at lower $169.04 and the avg recommendation for the stock is Moderate Buy. The current analyst price target stands at $175.27.

To add more color to this target, the company’s high over the last year is $188.96 and the low is $105.08. Over the last 52 weeks, UNP is down -10.54% while the S&P 500 is up 0.76%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, UNP reported a profit of $3.21 billion. Union Pacific Corporation also saw revenues increase to $5.23 billion. In addition, UNP has free cash flow of $1.35 billion as of 03-2020 The company’s EBITDA came in at $2.69 billion which compares well with its peers.

UNP booked profit margins of 27.80%, its Return on Equity (ROE) is 34.10%, and its Return on Assets is 9.70%. All told, it is clear that, UNP needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. UNP has a short ratio of 1.69 and outstanding shares of 684.30M.

Company Outlook

UNP has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 2.8 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 8.60. Union Pacific Corporation UNP also noted assets of $62.22 billion at the end of the last quarter. Investors should also keep an eye on sector updates as UNP has historically followed its peers on positive news.

All told, Union Pacific Corporation UNP has strung together solid data and demonstrated underlying fundamentals. At its current valuation, UNP represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Union Pacific Corporation UNP is now commanding a market cap of 113.21B and a float of 677.20M. UNP is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of UNP stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in UNP, either long or short, and we have not been compensated for this article.

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