Union Pacific Corporation UNP was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 6% in the past one-month time frame.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Union Pacific. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Union Pacific currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another player in the Transportation – Rail industry, which looks attractive at current levels is CSX Corporation CSX, which has the same Zacks Rank as Union Pacific. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is UNP going up? Or down? Predict to see what others think:Up or Down
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