|Bid||166.63 x 1000|
|Ask||166.64 x 1400|
|Day's Range||165.16 - 167.46|
|52 Week Range||128.08 - 180.02|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||20.37|
|Earnings Date||Jul 18, 2019|
|Forward Dividend & Yield||3.52 (2.11%)|
|1y Target Est||185.76|
Union Pacific Corp NYSE:UNPView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for UNP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting UNP. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding UNP are favorable, with net inflows of $9.67 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. UNP credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
OMAHA, Neb. , June 18, 2019 /PRNewswire/ -- You are invited to listen to Union Pacific Corporation's (NYSE: UNP) second quarter 2019 earnings release presentation that will be broadcast live over the Internet ...
Union Pacific’s (UNP) rail traffic fell 8.7% year-over-year in Week 23, which ended on June 8. The company hauled 162,788 railcars during the week—compared to 178,277 wagons in Week 23 of 2018.
The Dow Jones Transportation Average slumped 0.5% in midday trading Monday, to buck the broader stock market's gains, to track surprise declines in manufacturing data and home builder sentiment. The Dow transports were led lower by shares of railroad operators Norfolk Southern Corp. , down 1.4%; Union Pacific Corp. , which was 1.3% lower; and Southwest Airlines Co. , which fell 1.2%. Earlier, the Empire State manufacturing index for June posted the largest-ever drop into negative territory, despite expectations of a positive reading, while the National Association of Home Builders' index of home builder confidence fell 2 points to 64 in June, missing expectations of a 1-point increase. That led the yield on the 10-year Treasury note to decline 0.7 basis points to 2.086%. Many on Wall Street view the Dow transports as a proxy on economic growth. Meanwhile, the Dow Jones Industrial Average rose 57 points, or 0.2%. The broader market may be boosted by expectations that the Federal Reserve will confirm this week that recent data supports the notion that the next rate move will be down.
Two months ago, the owners of CSX Corporation (NASDAQ:CSX) stock were cheering. Despite tepid demand for rail-freight service, what the company described as a "broad-based" pricing increase led to a respectable 5% year-over-year increase in its top line in the first quarter. CSX stock price jumped 4% in one day, reaching new record highs in the process.Source: Shutterstock Not all of CSX's apparent pricing power, however, may actually be pricing power. Indeed, it may not be sustainable. Its customers are not only balking, but they're slowly abandoning CSX and turning to the trucking industry instead, despite its rising cost. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 More than anything though, rail customers are turning to regulators, who so far have been seemingly sympathetic to the complaints about the railroad industry's rising fees.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Customers Subsidizing Railroads' PSR WorkThe acronym "PSR," short for precision-scheduled railroading, sounds like a brilliant cost-culling idea. And, with the advent of wireless communications, PSR is now a very real possibility that the owners of CSX stock as well as Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) shareholders have understandably cheered.Rail customers aren't cheering though, as much of the burden of adopting PSR has fallen, some say unfairly, on them.Case in point: Customers of many PSR-guided railroads are now charged fees if their freight isn't unloaded immediately after its arrival, rather than after the customer has had a reasonable amount of time to remove it. In some cases the customer may lack the necessary capacity to immediately unload its freight. In other cases, the rail yard itself may be the source of the bottleneck.Regardless of the reason, many rail-freight users feel unfairly rushed by the system.Moreover, at a two-day hearing that took place in late May, several railroad customers lodged official complaints about the issue with the Surface Transportation Board.The STB has the authority to step in, if need be. It can't outright control market shipping rates, but it does wield a great deal of influence on pricing, and it can put in place new rules that give rail customers the right to charge railroads fees when they are the source of the tie-up.Perhaps more alarming is the fact that the usually-aloof Surface Transportation Board has already become notably vocal on this particular matter. STB board member Martin Oberman commented at the recent meeting "What we're being told is it's an incentive to make you move faster. What it sounds like is it's an incentive for you to stop using the railroad."He added "You cannot be incentivized to roll time backwards." Waning Rail DemandIf the owners of CSX stock aren't concerned, they should be. These added fees are a key reason the carrier has been able to grow its top and bottom lines so well of late.Demand for rail services to-date this year is better than it was at this point a year ago, but that's a dubious victory. Usage of railroads last year in the United States was well below the levels of 2016 and 2017′, and this year's demand is also weaker than at the same time in 2016 and 2017.There's been no place to hide in the railroad sector. Demand for intermodal as well as for railcars is slumping, and total demand for rail-freight services is just as weak in Canada and Mexico.And the PSR-driven fees - high margin fees at that - aren't insignificant. Last year, fees accounted for more than 40% of CSX's 7.5% top-line growth.If the STB pushes back, the impact could prove to be problematic. The Bottom Line on CSX StockIt's certainly possible, of course, that the Surface Transportation Board is offering more lip service than planned relief for railroad customers.It's not an agency to be toyed with, however. It's got teeth, and it's not afraid to use them.And it may about to do just that. In a report provided to the STB in April by a task force charged with reviewing rail-rate oversight, the direction that pricing matters are going is clear. That is, major changes in pricing methods are being recommended to the board.It remains to be seen just how much the Surface Transportation Board will intercede, or if it will recognize that unreasonable fees are just a means of charging higher rates without labeling them a "rate increase,"As Palmer Logistics President Brett Mears noted last month, though, "I do think that the STB will continue with the investigation phase and ultimately will invoke rule making to relieve the burden to industry after overwhelming response to this hearing."That should at least concern anyone who owns CSX stock.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Pricing Changes Could Hurt CSX Stock appeared first on InvestorPlace.
The significant boost in Union Pacific’s stock price came after the company appointed Jim Vena as new executive vice president and COO in mid-January. The industry veteran is well known for his achievements at Canadian National Railway (CNI).
Union Pacific stock (UNP) fell 2.4% on June 13 after Barclays (BCS) lowered its recommendation on the stock from “overweight” to “equal weight.” Barclays analyst Brandon Oglenski believes that the earnings estimate for Union Pacific doesn’t reflect the slower demand environment.
Meetings with senior management at Union Pacific Corporation’s (NYSE: UNP ) highlighted that, although there is increased downside risk to 2019 volume expectations, the company’s efficiency improvement ...
OMAHA, Neb. , June 13, 2019 /PRNewswire/ -- The 150 th anniversary celebration of the transcontinental railroad's completion isn't over yet. Union Pacific is just gathering steam following its May 9 ceremony ...
Flooding impacts, cheap natural gas prices, and trade and economic uncertainty could be factors contributing to a significant slump in weekly U.S. rail volume. U.S. rail volumes fell 8.5 percent to 513,099 carloands and intermodal units for the week that ended on June 8, according to the Association of American Railroads. Of that U.S. rail operations originated 9.1 percent fewer carloads compared with the same week in 2018, with volume at 246,758 carloads.
Union Pacific's (UNP) shareholder-friendly measures are encouraging. Additionally, an improvement in the operating ratio highlights the company's operational efficiency.
At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of March 31. In this […]
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Downtrend in US Rail Traffic Persisted for 19th Consecutive Week(Continued from Prior Part)Union PacificUnion Pacific’s (UNP) rail traffic fell 9% YoY (year-over-year) in Week 22, which ended on June 1. The company hauled 148,021 railcars during
Uncertainty about why U.S. rail volumes are down, competition with the truck market and potential mergers and acquisitions were among the themes explored at two investor conferences this week. Kansas City Southern (NYSE: KSC) is seeing more volumes move from Mexico ahead of the U.S. deadline to impose import tariffs on Mexican goods, said Jeff Songer, chief operating officer. "We're seeing a push of volumes ahead of June 10," with more finished autos moving north from Mexico to the U.S., Songer said at the Deutsche Bank Global Industrials and Materials Summit on June 5.
The Dow Jones Transportation Average took a 91-point, or 0.9% dive in morning trading Thursday, with 18 of 20 components trading lower, pushed down by concerns over economic growth and prolonged trade disputes. The selloff comes despite the Dow Jones Industrial Average's 53-point, or 0.2% gain, with 18 of 30 components trading higher. The Dow transports' biggest loser was railroad operator Kansas City Southern's stock , which fell 2.0%. Bank of America Merrill Lynch analyst Ken Hoexter said in a recent note to clients that Kansas City Southern is the most exposed to escalating tariffs on imports from Mexico, with FactSet estimating just under half of the company's revenue coming from its Mexico business. Among other Hoexter said have "material" Mexico revenue, shares of Union Pacific Corp. shed 1.2% and Werner Enterprises Inc. slumped 2.4%.
U.S. intermodal volumes fell 5.9 percent in May, while carloads fell 2.1 percent amid economic uneasiness and uncertainties surrounding U.S. trade between Mexico and China. U.S. railroads originated 1.3 million containers and trailers in May, down 5.9 percent from May 2018, according to the Association of American Railroads. Meanwhile, U.S. carloads fell 2.1 percent to 1.3 million carloads for that same time period.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Union Pacific (UNP) have what it takes? Let's find out.
** S&P 500 drops 2.6%, extends losing streak to 4 weeks. SPX sheds 6.6% in May as U.S.-China trade war intensifies and President Trump opens new front with Mexico ** Indeed, the SPX appeared heavy handed, ...