Company Update: Union Pacific Corporation (NYSE:UNP) – Union Pacific Names Pinnacle Award Winners for Chemical Transportation Safety

[PR Newswire] – OMAHA, Neb., April 28, 2016 /PRNewswire/ — Union Pacific Railroad recognized 65 companies with its distinguished Pinnacle Award for their commitment to safely transport chemical products. The annual award … Read more on this. Union Pacific Corporation (UNP) , with a current market cap of $74.43B, started trading this morning at $88.56. During today’s session, UNP traded between $88.28 to $89.76 with its 52-week range being $67.06 to $109.42. UNP shares are currently priced at 17.12x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.40x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.20 per share annually in dividends, yielding 2.45%. Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $1.22 per share, which would be $0.16 worse than the year-ago quarter and a $0.11 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $5.21, which would be a $0.28 worse when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $4.86 Billion. If reported, that would be a 10.50% decrease over the year-ago quarter. In terms of ratings, UBS downgraded UNP from Buy to Neutral (Apr 18, 2016). Previously, Morgan Stanley downgraded UNP from Overweight to Equal-Weight. With the above information in mind, readers should note that the average price target is $89.42, which is 0.97% above where the stock opened this morning. See more in (NYSE:UNP) Similar Articles: Company Update (NYSE:UNP): Union Pacific Boosts Public Safety Stock Update: Union Pacific Corporation (NYSE:UNP) – Union Pacific Corporation CFO Rob Knight to Address Stifel Nicolaus, BB&T and Barclays Investor Conferences Stock Update: Union Pacific Corporation (NYSE:UNP) – Union Pacific CEO says consumers ‘just don’t seem to be showing up’