Union Pacific Is Still Overpriced

Union Pacific Is Still Overpriced
Union Pacific is a company with a wide moat and exceptional capital efficiency. Continuous opex reduction backed by enhanced locomotive productivity and reduced freight car terminal dwell helped to achieve a record quarterly operating ratio. The flipside is that the stock is expensive, as EV/EBITDA is around a decade high. I rate Union Pacific …
News story posted on 2019-12-30T10:23:00.0000000Z