Union Pacific Corporation (NYSE:UNP) rose 16.57% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 9.69% and is now up by 11.89% since start of this year. A look at its monthly performance shows that the stock has recorded a 4.47% gain over the past 30 days. Its equity price dipped by -4.76% over the past three months which led to its overall six-month increase to stand at 9.92%.
The shares of Union Pacific Corporation (UNP) dropped by -6.62% or -$10.97 from its last recorded high of $165.63 which it attained on September 21 to close at $154.66 per share. Over the past 52 weeks, the shares of Union Pacific Corporation has been trading as low as $121.22 before witnessing a massive surge by 27.59% or $33.44. This price movement has led to the UNP stock receiving more attention and has become one to watch out for. It jumped by 2.86% on Thursday and this got the market excited. The stock’s beta now stands at 1.02 and when compared to its 200-day moving average and its 50-day moving average, UNP price stands 6.23% above and 6.67% above respectively. Its average daily volatility for this week is 2.73% which is less than the 3.02% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Union Pacific Corporation with most of them predicting a $167.76 price target on a short-term (12 months) basis. The average price target by the analysts will see a 8.47% rise in the stock and would lead to UNP’s market cap to surge to $123.6B. The stock has been rated an average 2.4, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 29 analysts that track Union Pacific Corporation (NYSE:UNP) and find out that 9 of them rated it as a Hold. 18 of the 20 analysts rated it as a Buy or a Strong Buy while 2 advised investors to desist from buying the stock or sell it if they already possess it.
A look at UNP technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 64.02 point. Its trading volume has added 1386811 shares compared to readings over the past three months as it recently exchanged 6326811 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 4940000 shares, and this is 1.28 times the normal volume.
The price of Fiserv, Inc. (NASDAQ:FISV) currently stands at $74.38 after it went up by $1.06 or 1.45% and has found a strong support at $73.43 a share. If the FISV price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $72.48 mark would also be bad for the stock as it means that the stock would plunge by 2.55% from its current position. However, if the stock price is able to trade above the resistance point around $74.89, then it could likely surge higher to try and break the upward resistance which stands at $75.4 a share. Its average daily volatility over the past one month stands at 2.84%. The stock has plunged by 1.87% from its 52-weeks high of $72.99 which it reached on Jan. 10, 2018. In general, it is 15.62% above its 52-weeks lowest point which stands at $62.76 and this setback was observed on Jun. 02, 2018.
The FISV stock Stochastic Oscillator (%D) is at 83.46%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 5.19. The stock currently has an estimated price-earnings (P/E) multiple of 21.2, which is lower than the 26.49 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 15.6% over the past five years.
Analysts view Fiserv, Inc. (NASDAQ:FISV) as a Hold, with 2.4 consensus rating. Reuters surveyed 21 analysts that follow FISV and found that 12 of those analysts rated the stock as a Hold. The remaining 9 were divided, with 8 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Fiserv, Inc. (FISV) shares or sell it if they already own it.