MarketIQ Analyst Report for Union Pacific Corporation

1400 DOUGLAS STREET, STOP 0310, OMAHA, NE, US
UNP

Last Updated: 19 Sep 2024

Executive Summary

Union Pacific Corporation (UNP) is a leading railroad holding company with a strong financial performance and a promising outlook. The company has a market capitalization of $153 billion and an analyst target price of $261.95. Analysts are bullish on UNP, with 8 strong buy and 9 buy ratings. The company's fundamentals are strong, with a trailing PE ratio of 23.59, a forward PE ratio of 20.12, and a dividend yield of 0.0211%. Technically, UNP is in a bullish trend, with a 50-day moving average of $244.12 and a 200-day moving average of $240.49. The short-term outlook for UNP is positive, with analysts expecting the stock to continue to rise in the coming months. The long-term outlook for UNP is also positive, with the company expected to continue to benefit from the growing demand for rail transportation.

Company Overview

Union Pacific Corporation is a publicly traded railroad holding company. It is the parent company of the Union Pacific Railroad, which is one of the largest railroads in the United States. Union Pacific operates a network of approximately 32,000 miles of track in 23 states, and it transports a variety of commodities, including agricultural products, coal, chemicals, and automobiles. The company is headquartered in Omaha, Nebraska.

Fundamental Analysis

Union Pacific Corporation has a strong financial performance. The company's revenue has grown steadily in recent years, and its earnings per share have also increased. In 2023, the company reported revenue of $24.1 billion and earnings per share of $10.65. Union Pacific Corporation has a strong balance sheet, with $11.8 billion in cash and equivalents and $27.04 in book value per share. The company also has a low debt-to-equity ratio of 0.33.

Technical Analysis

Union Pacific Corporation is in a bullish trend. The stock has been trading above its 50-day and 200-day moving averages for the past several months. The stock is also forming a bullish pennant pattern, which is a technical indicator that suggests that the stock is likely to continue to rise.

Short Term Outlook

The short-term outlook for Union Pacific Corporation is positive. Analysts expect the stock to continue to rise in the coming months. The company's strong fundamentals and technical analysis support this view.

Long Term Outlook

The long-term outlook for Union Pacific Corporation is also positive. The company is expected to continue to benefit from the growing demand for rail transportation. The company's strong financial performance and its position as one of the largest railroads in the United States make it well-positioned to continue to grow in the future.

Analyst Recommendations

Analysts are bullish on Union Pacific Corporation. The consensus analyst rating for the stock is buy. The average analyst target price for the stock is $261.95.