Union Pacific Corp (NYSE:UNP) near 52-week low, short interest decreasing

Union Pacific Corp (NYSE:UNP) (TREND ANALYSIS) shares were traded with a significant increase in volume. The stock closed last trading session at $100.91, down by -0.44%, with a volume of 8,495,386 shares against an average volume for the last 3 months of 5,413,930.

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Union Pacific Corp (NYSE:UNP) is currently trading 18.96% below its 52-week-high, 4.93% above its 52-week-low. The 1-year range for the stock is $96.17 – $124.52. Union Pacific Corp (UNP) has a price to earnings ratio of 17.2 versus Services sector average of 26.79. UNP stock price has underperformed the S&P 500 by 17.8%. The Transport & Rail company is currently valued at $88.36 billion and its share price closed the last trading session at $100.91. The stock has a 50-day moving average of $106.27 and a 200-day moving average of $114.45.

Union Pacific Corp (UNP) current short interest stands at 5.02 million shares. It has decreased by 10% from the same period of last month. Around 1% of the company’s shares, which are float, are short sold. With a 10-days average volume of 5.92 million shares, the number of days required to cover the short positions stand at 0.9 day.

The company is expected to announce next quarter earnings on July 23, at consensus estimate of $1.51. Union Pacific Corp (UNP) reported last quarter earnings on April 23. The Transport & Rail company announced earnings per share of $1.3 against a consensus Street estimate of $1.37, missing estimate by $0.07. This corresponds to a decrease of $1.01 compared to the same quarter of the previous fiscal year.

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There are currently twenty-seven analysts that cover UNP stock. Of those twenty-seven, twenty-two have a Buy rating, five have a Hold rating. On a consensus basis this yields to a Buy rating. The consensus target price stands at $121.85.

A recent analyst activity consisted of TD Securities upgrading their Hold rating to Buy on May 15. TD Securities set their price target at $120. This corresponds to a 18.92% upside from the last closing price. On the date of report, the stock closed at $103.28.

Another research firm was Citigroup who reiterated their Buy stance on April 24. Citigroup decreased price target from $135 to $125. This translates to a 23.87% upside from the last closing price. On the date of report, the stock closed at $106.94.

Company profile

Union Pacific Corporation is a rail transportation company. The Company’s railroad hauls a variety of goods, including agricultural, automotive, and chemical products. Union Pacific offersslong-haul routes from all major West Coast and Gulf Coast ports to eastern gateways as well as connects with Canada’s rail systems and serves the major gateways to Mexico.

Union Pacific Corp (NYSE:UNP) near 52-week low, short interest decreasing was last modified: May 31st, 2015 by Donna Crepeau